SOLD
Registration Status:
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Your Bid Status:
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Tract:
ALU# 00404
Gross Acres:
160.00
Net Acres:
80.00
Time Remaining:
Auction has ended
Start Time:
2/6/2024 3:24 PM CST
End Time:
2/13/2024 3:24 PM CST
Your Bid:
-
Highest Bid:
$2/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$574.80
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T160, R85
Sec. 17: NW4
Tract Details
Lease No.
ALU# 00404
County, State
Renville, ND
Legal Description
T160, R85
Sec. 17: NW4
Gross Acres
160.00
Net Acres
80.00
Royalty Rate
1/6th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$400.00
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 (Top 10)
Bidder
Placed
Amount
Bidder #758
2/12/2024 11:53:54 AM
$2