Lease Unit No. 95

Rich County, UT
Utah Over the Counter Lease Sale

SOLD

Property Schedule

Due Diligence Began 3/1/2013
Bidding Started 3/21/2013
Bidding Ended 3/28/2013 3:15 PM
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Lease Unit No. 95
658.75
658.75
Auction has ended
3/21/2013 2:15 PM MDT / 3:15 PM CDT
3/28/2013 2:15 PM MDT / 3:15 PM CDT
-
$3/acre
$2/acre
$1
$2,046.54
(Bonus + Agency Fees + Buyer Premium)
Lease Details
Lease Name
Lease Unit No. 95
County, State
Rich, UT
Legal Description
T11N, R7E, SLB&M
Sec. 2: SW¼NW¼
Sec. 16: NW¼NW¼
Sec. 17: SW¼NE¼, SE¼NW¼
Sec. 36: Lots 4(40.17), 9(40.30), 10(40.54), 11(40.60), 13(40.84), 14(40.60), 15(40.42), 16(40.18), 17(1.25), 18(1.02), 19(2.60), 20(22.32), 21(34.65), 22(20.38), 23(32.94),24(22.72), 25(37.22) [All, Less Patent Mining Claims]
Gross Acres
658.75
Net Acres
658.75
Royalty
16 2/3%
Lease Term
5 Years
Application Fee
$30.00
Additional Information
All bidding and lease sales on SITLA properties listed on this website shall be subject to the statutes, administrative rules, and other laws of the State of Utah, including but not limited to the Utah Government Records Access and Management Act, UTAH CODE §63G-2-101, et. seq.
Bid History (Top 10)

Bidder

Placed

Amount

Bidder #3

3/28/2013 3:12:57 PM

$3

Bidder #4

3/28/2013 2:26:23 PM

$2

1