AUCTION NOT YET STARTED
Registration Status:
Please log in as a buyer to view registration status.
Your Bid Status:
Parcel:
KS-2024-06-0044
Acres:
160.00
Time Remaining:
32D 6H 39M 46S
Start Time:
6/20/2024 8:14 AM MDT / 9:14 AM CDT
End Time:
6/20/2024 10:14 AM MDT / 11:14 AM CDT
Your Bid:
-
Highest Bid:
-
Starting Bid:
$10/acre
Bid Increment:
$1
Total Cost at Starting Bid:
$2,299
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
T. 2 S., R. 42 W., SIXTH PRINCIPAL,
Sec. 9 SENE, N2SE;
Sec. 10 SWNW;
Parcel Details
Parcel
KS-2024-06-0044
County, State
Cheyenne, KS
Legal Description
T. 2 S., R. 42 W., SIXTH PRINCIPAL,
Sec. 9 SENE, N2SE;
Sec. 10 SWNW;
Acres
160.00
Rental (1st Year)
$480.00
Royalty
16.67%
Administrative Fee
$195.00
Expression of Interest
NM00017920
Comments
Split Estate
Serial Number
KSNM106355459
Lease Terms and Conditions
All bidding 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. Advance rental at $3 per acre for the first 2 years, $5 per acre for years 3 through 8, and $15 per acre thereafter is due on or before the anniversary date each year until production begins. Once a lease is producing, you must pay a royalty of 16.75 percent of the value or the amount of production removed or sold from the lease. Other lease terms may be located 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:
Contacts
BLM New Mexico State Office
JulieAnn Serrano, Supervisory Land Law Examiner
Email jserrano@blm.gov
EnergyNet Government Resources
Email government@energynet.com
Office (877) 351-4488
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 1.5% Buyer Premium, calculated as 1.5% of the total bonus, will be added to the cost of this lease.
On the day of the sale, you must: