Location
Property is located in Lost Hills, west of HWY 46 and north of Bitterwater Valley Road.
Land Use
The property consists of open rangeland and has not been grazed in recent years.
Mineral rights are included on two (2) of the four (4) parcels. The property also contains an old gas well that was capped many years ago.
Legal
Kern County APNs: 068-020-06-02-6, 068-020-06-02-7, 068-020-06-02-11 and 068-020-06-02-16
Elevation
See the attached ‘Elevation Map’ for details.
Soil
See the attached ‘Soil Map and Description’ for details.
Groundwater Disclosure
Sustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA may limit ground water pumping. For more information, please visit the SGMA website.
The Buyer is responsible for conducting their own research to verify all information related to groundwater and surface water resources, including availability, usage rights, and potential restrictions.
Remarks
Per the seller, a well was drilled on the property and encountered natural gas. The well was subsequently capped. Included in this sale is the mineral rights to two of the property’s four parcels. Based on this history, the seller believes this property presents a unique investment opportunity with potential for future oil, natural gas, or mineral development. Buyers are encouraged to conduct their own due diligence regarding the property’s mineral rights and resource potential.
