AUCTION CANCELLED
Registration Status:
Please log in as a buyer to view registration status.
Your Bid Status:
You have not bid on this lot
Parcel:
NV-17-10-010
Acres:
2,593.67
Time Remaining:
Auction has ended
Start Time:
10/24/2017 8:14 AM PDT / 10:14 AM CDT
End Time:
10/24/2017 9:14 AM PDT / 11:14 AM CDT
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Starting Bid:
$10,613.82
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
T.0170N, R.0300E, 21 MDM, NV
Sec. 001 LOTS 1-2;
Sec. 001 S2NE;
Sec. 001 PROT NW,S2;
Sec. 002 PROT ALL;
Sec. 003 LOTS 3-4;
Sec. 003 S2NW;
Sec. 003 PROT E2,SW;
Sec. 004 LOTS 1-4;
Sec. 004 S2N2,S2;
Parcel Details
Parcel
NV-17-10-010
County, State
Churchill, NV
Legal Description
T.0170N, R.0300E, 21 MDM, NV
Sec. 001 LOTS 1-2;
Sec. 001 S2NE;
Sec. 001 PROT NW,S2;
Sec. 002 PROT ALL;
Sec. 003 LOTS 3-4;
Sec. 003 S2NW;
Sec. 003 PROT E2,SW;
Sec. 004 LOTS 1-4;
Sec. 004 S2N2,S2;
Area/Project
Carson City DO
Acres
2,593.67
Rental (1st Year)
$5,188.00
Royalty
1.75%
Administrative Fee
$160.00
Comments
MS4231, N-54780, CC-019461, NEV-029370
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.
Geothermal leases have a primary term of 10 years and subsequent extensions thereof in accordance with 43 CFR subpart 3207. Advance rental at $2.00 for the first year; $3.00 for the second through tenth year; thereafter $5.00 is due on or before the anniversary date each year until production begins. Royalty rates for geothermal resources produced for the commercial generation of electricity but not sold in an armâs length transaction are: 1.75 percent for the first 10 years of production and 3.5 percent after the first 10 years. The royalty rate is to be applied to the gross proceeds derived from the sale of electricity in accordance with 30 CFR part 206 subpart H. You will find other lease terms on our standard lease form (Form 3200-24a, October 2008).
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.
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 Nevada - Geothermal
(775) 861-6515
Email: nvsoweb@blm.gov
EnergyNet
John S. Munroe
VP of Engineering / Government Lease Sales
(832) 403-3122
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