Lease Unit No. 20

Emery County, UT
Utah Over the Counter Lease Sale

SOLD

Property Schedule

Due Diligence Began 4/30/2014
Bidding Started 5/22/2014
Bidding Ended 5/29/2014 2:25 PM
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Lease Unit No. 20
640.36
640.36
Auction has ended
5/22/2014 1:25 PM MDT / 2:25 PM CDT
5/29/2014 1:25 PM MDT / 2:25 PM CDT
-
$11/acre
$2/acre
$0.50
$7,222.02
(Bonus + Agency Fees + Buyer Premium)
Lease Details
Lease Name
Lease Unit No. 20
County, State
Emery, UT
Legal Description
T21S, R15E, SLB&M
Sec. 36: Lots 1(40.27), 2(40.09), W½NE¼, W½, SE¼ [All]
Gross Acres
640.36
Net Acres
640.36
Royalty
16 2/3%
Lease Term
5 Years
Application Fee
$30.00
Additional Information
Emery County Recent Permitting Report
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.
Purchase price includes the lease bonus and 1st year rental. Buyer will be responsible for paying rental payment for years 2 through 5.
Data represented on these maps is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither SITLA nor EnergyNet.com shall be liable for any direct, indirect or consequential damages to any party arising out of or in connection with the use of data on these maps.
Bid History (Top 10)

Bidder

Placed

Amount

Bidder #6

5/29/2014 2:24:22 PM

$11

Bidder #8

5/29/2014 2:21:03 PM

$10.50

Bidder #5

5/29/2014 2:23:51 PM

$5

Bidder #8

5/28/2014 4:35:30 PM

$2

1