Parcel ID: 7896
Serial #: COC78317

Routt County, CO
BLM Colorado Federal Lease Sale, June 8, 2017

AUCTION CANCELLED

Property Schedule

Due Diligence Began 4/10/2017
Bidding Started 6/8/2017
Bidding Ended 6/8/2017 12:56 PM
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Parcel ID: 7896
Serial #: COC78317
922.85
Auction has ended
6/8/2017 9:56 AM MDT / 10:56 AM CDT
6/8/2017 11:56 AM MDT / 12:56 PM CDT
-
-
$2/acre
$1
$3,418.19
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Parcel Details
Parcel
Parcel ID: 7896/Serial #: COC78317
County, State
Routt, CO
Legal Description
T.0030N., R.0860W., 6TH PM
Section 3: Lot 5-7, 10-19;
Section 4: Lot 5, 7-9, 12, 13, 16, 17, 20;
Acres
922.85
Rental (1st Year)
$1,384.50
Royalty
12.50%
Administrative Fee
$160.00
Comments
PVT/BLM; CON: LSFO
Additional Information

LEASE TERMS AND CONDITIONS

All bidding and lease sale 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 $1.50 per acre for the first 5 years ($2 per acre after that) is due on or before the anniversary date each year until production begins. Once a lease is producing, you must pay a royalty of 12.5 percent of the value or the amount of production removed or sold from the lease. You will find other lease terms on our standard lease form (Form 3100-11, October 2008).

Q' s & A's About Oil and Gas Leasing from the BLM may be found at http://www.blm.gov/wo/st/en/prog/energy/oil_and_gas/questions_and_answers.html

LEASE 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. The stipulations can be found by clicking here.

THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

All lands are subject to Exhibit CO-29 to alert lessees of paleontological inventory requirements.

All lands are subject to Exhibit CO-34 to alert lessee of potential habitat for a threatened, endangered, candidate, or other special status plant or animal.

All lands are subject to Exhibit CO-39 to protect cultural resources.

All lands are subject to Exhibit CO-56 to alert lessee of potential supplementary air analysis.

All lands are subject to Exhibit LS-CSU-110 to protect fragile soils.

All lands are subject to Exhibit LS-TL-104 to protect Columbian sharp-tailed grouse crucial winter habitat will be closed from December 16 to March 15.

SUCCESSFUL BIDDER NOTIFICATION

After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.

BUYER PREMIUM

A 1.5% Buyer Premium, calculated as 1.5% of the total bonus, will be added to the cost of this lease.


CONTACT INFORMATION


BLM - Colorado

(303) 239-3990
Email: blm_co_leasesale@blm.gov

EnergyNet

John S. Munroe
VP of Engineering / Government Lease Sales
(303) 239-3990
Email: John.Munroe@energynet.com

Gus Rivero
Manager of Government Lease Sales
(806) 463-3616
Email: Gus.Rivero@energynet.com

Brandon Savage
Asst Manager of Government Lease Sales
(806) 463-3621
Email: Brandon.Savage@energynet.com


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