SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
ALU# 00231
Gross Acres:
160.00
Net Acres:
160.00
Time Remaining:
Auction has ended
Start Time:
2/6/2024 9:38 AM CST
End Time:
2/13/2024 9:38 AM CST
Your Bid:
-
Highest Bid:
$404/acre
Starting Bid:
$3/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$67,389.20
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T162, R94
Sec. 16: NE4
Tract Details
Lease No.
ALU# 00231
County, State
Burke, ND
Legal Description
T162, R94
Sec. 16: NE4
Gross Acres
160.00
Net Acres
160.00
Royalty Rate
1/6th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$800.00
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Lands Lease Auctions
Offset Activity
Seller Acquisition Agreement(s)
The North Dakota Department of Trust Lands Forms and Policies may be found at www.land.nd.gov/surface-minerals-management/mineral-auctions/forms-and-policies.
Successful Bidder Notification and Buyer Premium
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
A 3% Buyer Premium, calculated as 3% of the total bonus, will be added to the cost of this lease.
Contacts
Trust Lands Minerals Department
Email dtlminerals@nd.gov
Office (701) 328-2800
Government Resources
Email government@energynet.com
Office (877) 351-4488
Bid History (All)
Bidder
Placed
Amount
Bidder #23
2/12/2024 4:03:12 PM
$404
Bidder #977
2/12/2024 8:01:22 PM
$403
Bidder #23
2/12/2024 4:03:12 PM
$325
Bidder #977
2/12/2024 8:00:49 PM
$324
Bidder #23
2/12/2024 4:03:12 PM
$280
Bidder #937
2/12/2024 7:08:03 PM
$279
Bidder #23
2/12/2024 4:03:12 PM
$251
Bidder #937
2/12/2024 7:07:23 PM
$250
Bidder #23
2/12/2024 4:03:12 PM
$232
Bidder #937
2/12/2024 7:07:02 PM
$231
Bidder #23
2/12/2024 4:03:12 PM
$230
Bidder #977
2/12/2024 3:45:46 PM
$229
Bidder #23
2/12/2024 3:43:05 PM
$100
Bidder #977
2/6/2024 10:28:03 AM
$88
Bidder #501
2/12/2024 1:16:12 PM
$6
Bidder #977
2/6/2024 10:28:03 AM
$5
Bidder #501
2/12/2024 1:15:53 PM
$4
Bidder #977
2/6/2024 10:28:03 AM
$3