SOLD
Registration Status:
Please log in as a buyer to view registration status.
Your Bid Status:
You have not bid on this lot
Tract:
ALU# 00383
Gross Acres:
157.90
Net Acres:
78.95
Time Remaining:
Auction has ended
Start Time:
2/6/2024 2:42 PM CST
End Time:
2/13/2024 2:42 PM CST
Your Bid:
-
Highest Bid:
$12/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$1,380.57
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T155, R88
Sec. 29: NE4SE4, S2SE4, LOT 5
Tract Details
Lease No.
ALU# 00383
County, State
Mountrail, ND
Legal Description
T155, R88
Sec. 29: NE4SE4, S2SE4, LOT 5
Gross Acres
157.90
Net Acres
78.95
Royalty Rate
3/16ths
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$394.75
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Lands Lease Auctions
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 (Top 10)
Bidder
Placed
Amount
Bidder #501
2/13/2024 2:03:46 PM
$12
Bidder #820
2/13/2024 2:40:39 PM
$11
Bidder #501
2/13/2024 2:03:46 PM
$4
Bidder #820
2/13/2024 2:40:17 PM
$3
Bidder #501
2/13/2024 2:03:46 PM
$2