El Dorado, AR 71730(Union County)

These tracts will be sold on the basis of lump sum sealed bids. Bids may be submitted for any or all tracts. An offer form is attached. Bids will be opened at the Kingwood Forestry office at 145 Greenfield Drive, Monticello, Arkansas at 10:00 a.m., Friday, May 13, 2022. Buyers submitting offers are welcome to attend the bid opening. Mailed bids should be addressed to Kingwood Forestry Services, Inc., P.O. Box 1290, Monticello, AR 71657 with Cole Timber Tracts clearly marked in the lower left corner of the envelope to protect the security of the offer. On mailed offers, please call our office prior to bid opening to confirm receipt of offer. Bids may also be delivered by fax to 870-367-8424 or by e-mail. All faxed / e-mailed bids will be immediately acknowledged; please await confirmation that your faxed / e-mailed bid has been received. No verbal telephone bids will be accepted. Anyone submitting an offer for the purchase of these properties will be provided with a summary of bid results.

Cole Timber #1 (Listing #1629) is described as Part of Section 30, Township 18 South, Range 16 West; Part of Section 24 and 25,Township 18 South, Range 17 West; containing a total of 246 acres, more or less, Union County, Arkansas (see attached maps). Access is frontage on Highway 15 (Haynesville) and Mount Willie Road with internal woods roads. Site index for loblolly pine (base age 50) averages eighty-eight (88) feet on Sacul-Sawyer, Warnock-Smithdale, fine sandy and silt loam soils. Timber consists of 204.1 acres of 2nd thinned 1994 pine plantation, 28.3 acres of 2015 pine plantation with 10.3 acre of hardwood SMZ. Terrain is gently rolling with Beech Creek flowing along south portion of property.

Based on inventory of merchantable timber on 204.1 acres, conducted by Kingwood Forestry in November, 2021, estimated tree counts and timber volumes are as follows:

Pine Sawtimber: 11,150 Trees 1,018,000 Board Feet 9,029 Tons

Pine Chip-n-Saw: 4,254 Trees 140,700 Board Feet 1,509 Tons

Pine Pulpwood: 1,696 Trees 494 Tons

Pine Topwood: 2,424 Tons

Hardwood Sawtimber: 59 Trees 6,400 Board Feet 51 Tons

Hardwood Pulpwood: 3,200 Trees 591 Tons

Volume reports in Tons and Board Feet with tree counts by species, diameter, height are available on our website. Due to variations in cruising methods, utilization standards, and scaling practices, tree counts and volume estimates cannot be guaranteed.