WY-2023-11-1342
AUCTION CANCELLED
Property Schedule
Sec. 19 LOTS 1,2, N2NE, SENE, SESW;
Parcel Details
Sec. 19 LOTS 1,2, N2NE, SENE, SESW;
Lease Terms and Conditions
All bidding and lease sale on BLM parcels listed on this website shall be subject to the statutes, administrative rules and regulations of the BLM per the authority of the Mineral Leasing Act of 1920 as amended and the Mineral Leasing Act for Acquired Lands of 1947, as amended.
A lease issued as a result of this sale will have a primary term of 10 years. It will continue beyond its primary term as long as oil or gas in paying quantities is produced on or for the benefit of the lease. Rental at $3.00 per acre for the first 2 years, $5.00 per acre for years 3 thru 8, and $15.00 per acre thereafter is due on or before the anniversary date with the first year's rental paid to the BLM and subsequent payments paid to the Office of Natural Resources Revenue (ONRR) each year until production begins.
The royalty rate that applies to the lands offered in this lease sale is a fixed 16.67 percent. Once a lease is producing, you must pay a royalty of 16.67 percent (or as the lease is amended) of the value or the amount of production removed or sold from the lease. You will find other lease terms on the standard lease form. (Form 3100-011, March 2023).
Stipulations
Stipulations are part of the lease and supersede any inconsistent provisions of the lease form. Some parcels are subject to surface use stipulations. They are requirements or restrictions on how you conduct operations.
They become part of the lease and supersede any inconsistent provisions in the lease form. See Sale Notice for stipulation details.
THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:
- WY STD LEASE STIPULATION NO. 3 Multiple Mineral Development
- HQ-CR-1 Cultural Resource Protection
- HQ-MLA-1 Notice to Lessee Concerning Mineral Leasing Act Section 2(a)(2)(A)
- HQ-TES-1 Threatened and Endangered Species Act
- WY STD LEASE NOTICE NO. 1 Reasonable Measures to Minimize Adverse Impacts to Resources
- WY STD LEASE NOTICE NO. 2 National Historic Trails
- WY STD LEASE NOTICE NO. 3 Greater Sage-Grouse Habitat
- TBNG2002-CSU-03 Fossils
- TBNG2002-CSU-07 Scenery - Moderate Scenic Integrity Objective Areas For the following lands: T. 47 N., R. 63 W., 6TH PM, Sec. 19 SESW; portions of N2NE, LOTS 1, 2
- TBNG2002-NSO-02 Slopes Between 25-40% For the following lands: T. 47 N., R. 63 W., 6TH PM, Sec. 19 Portions of SESW
- TBNG2002-TL-09 Deer, Elk, and Pronghorn Habitat
- TBNG-R2-FS-2820-13 Lease Notice Notice for Lands of the National Forest System Under Jurisdiction of Department of Agriculture
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.
On the day of the sale, you must pay at least the minimum bonus bid of $10 per acre or fraction of an acre; the first year's advance rental of $3 per acre or fraction of an acre; and a non-refundable administrative fee of $185, to the BLM State Office by the close of business.
A 1.5% Buyer Premium, calculated as 1.5% of the total bonus, will be added to the cost of this lease.