Server Time (CDT): Apr. 25, 1:13:36a

No. 12

Weld County, CO
Colorado State Lease Auction

SOLD

Property Schedule

Due Diligence Began 10/15/2014
Bidding Started 11/13/2014
Bidding Ended 11/20/2014 2:55 PM

Registration Status:

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Your Bid Status:

You have not bid on this lot

Tract:

No. 12

Gross Acres:

480.00

Net Acres:

480.00

Time Remaining:

Auction has ended

Start Time:

11/13/2014 1:55 PM MST / 2:55 PM CST

End Time:

11/20/2014 1:55 PM MST / 2:55 PM CST

Your Bid:

-

Highest Bid:

$402/acre

Starting Bid:

$0/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$198,063.20
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)

Legal Description:

T11N, R66W, 6th PM
Sec. 8: NE, S2

Tract Details

Tract No.

No. 12

County, State

Weld, CO

Legal Description

T11N, R66W, 6th PM
Sec. 8: NE, S2

Gross Acres

480.00

Net Acres

480.00

State Owns Surface

Yes

Royalty Rate

1/6

Rental/Acre (Per Year)

$2.50

CO Application Fee

$20.00

Buyer Premium

2.00%

Additional Information

Purchase price includes the lease bonus and 1st year rental and buyer's premium. Buyer will be responsible for paying rental payments 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 Colorado 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.
There is no assurance that there is any potential for production on any tract offered for leasing by the State Board of Land Commissioners.

Weld County, Colorado, Drilling Permits from the last 90 days. Source: DrillingInfo.

Drilling Rigs on Location in Weld County, Colorado. Source: DrillingInfo.

Lease Stipulation
Lease contains Colorado Parks & Wildlife (CPW) mapped High Priority Habitat (HPH) and/or occurrences of Federally-listed Endangered, Threatened, or Candidate wildlife or plant species as mapped by Colorado Natural Heritage Program (CNHP). Lessee must notify Lessor’s District Manager prior to surface access and proposed surface occupancy and in connection with any proposed oil and gas operations, including, without limitation, the submittal of a Location Assessment or an Application for Permit to Drill (APD). Lessee is encouraged to notify CPW and CNHP in connection with the required surface owner notice.

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #30

11/20/2014 12:23:49 PM

$402

Bidder #26

11/20/2014 2:54:21 PM

$401

Bidder #30

11/20/2014 12:23:49 PM

$351

Bidder #22

11/20/2014 2:37:17 PM

$350

Bidder #30

11/20/2014 12:23:49 PM

$252

Bidder #24

11/20/2014 1:10:12 PM

$251

Bidder #30

11/20/2014 12:23:49 PM

$202

Bidder #24

11/20/2014 1:07:43 PM

$201

Bidder #30

11/20/2014 12:23:49 PM

$176

Bidder #22

11/20/2014 12:56:43 PM

$175

View 19 earlier bids...