#18
Natrona County, WY
Wyoming OSLI - Over the Counter Lease Sale, August 29, 2016
SOLD
Property Schedule
Due Diligence Began
8/22/2016
Bidding Started
8/22/2016
Bidding Ended
8/29/2016 2:34 PM
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#18
34.76
34.76
Auction has ended
8/22/2016 1:34 PM MDT / 2:34 PM CDT
8/29/2016 1:34 PM MDT / 2:34 PM CDT
-
$1/acre
$1/acre
$1
$120.70
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
T32N R89W
Sec. 4: Lot 3
Sec. 4: Lot 3
Parcel Details
Parcel No.
#18
County, State
Natrona, WY
Legal Description
T32N R89W
Sec. 4: Lot 3
Sec. 4: Lot 3
Gross Acres
34.76
Net Acres
34.76
Royalty Rate
16 2/3%
Rental/Acre (Per Year)
$1.00
WY Application Fee
$50.00
Additional Information
TERMS AND CONDITIONS
The Wyoming Board of Land Commissioners may deny an oil and gas lease to any person or legal entity which has failed to comply with any rules of the Board or any terms and conditions of any lease or other agreement with the Board.
On lands in which the State owns less than the entire interest in the oil and gas estate, a lease will be issued by the Board covering the StateÂs interest independent of the other co-owners.
The Wyoming Board of Land Commissioners may, without prior notice, withdraw specific lands from leasing for oil and gas when it appears reasonably necessary to protect the economic or environmental interests of the StateÂs trust beneficiaries.
All leases resulting from winning bids will be issued on the lease form currently in effect as approved by the Wyoming Board of Land Commissioners as lessor; will be issued for a primary term of five (5) years; will be charged advance rental of $1.00 per acre per year; and, will be subject to a royalty rate of 16 â
% of the total consideration received for state production.
There is no assurance that there is any potential for production on any tract offered for leasing by the Wyoming Board of Land Commissioners.
LEASE STIPULATIONS
The Wyoming Board of Land Commissioners may condition the issuance of any oil and gas lease upon specific stipulations for the protection of the public, the environment, the waters of the State, historical, archeological or paleontological materials, the wildlife resources, or any of the subsurface or surface resources of the State. Summary of stipulations can be found on the attached Standard Stipulation guide.
THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:
1 - 136
1 - 136
Drilling Permits from the last 365 days in Natrona County, Wyoming
source: www.drillinginfo.com
source: www.drillinginfo.com
Drilling Rigs on Location in Natrona County, Wyoming
source: www.drillinginfo.com
source: www.drillinginfo.com
Completions from the last 365 days in Natrona County, Wyoming
source: www.drillinginfo.com
source: www.drillinginfo.com
Notice: A 2% Buyer Premium, calculated as 2% of the total bonus, will be added to the cost of this lease.
GIS Data
GIS data in the form of a shapefile is available for this lease sale. Click here to download.
Data represented by these maps is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither Wyoming 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.
Contact Information
Wyoming OSLI
Tate Smith
Mineral Leasing Supervisor
(307) 777-6635
Emma Van Vlack
Senior Lands Management Specialist
(307) 777-6547
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EnergyNet
John S. Munroe
VP of Engineering / Government Lease Sales
(832) 403-3122
Gus Rivero
Manager of Government Lease Sales
(806) 463-3616
Brandon Savage
Asst Manager of Government Lease Sales
(806) 463-3621
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #2
8/29/2016 1:46:41 PM
$1