WY-181Q-083

Fremont County, WY
BLM Wyoming Federal Lease Sale, March 21 and 22, 2018

SOLD

Property Schedule

Due Diligence Began 3/21/2018
Bidding Started 3/21/2018
Bidding Ended 3/21/2018 12:14 PM
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WY-181Q-083
680.00
Auction has ended
3/21/2018 10:14 AM MDT / 11:14 AM CDT
3/21/2018 11:14 AM MDT / 12:14 PM CDT
-
$17/acre
$2/acre
$1
$12,913.40
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Parcel Details
Parcel
WY-181Q-083
County, State
Fremont, WY
Legal Description
T.0270N, R.0900W, 06th PM, WY
Sec. 021 E2SE;
Sec. 022 S2;
Sec. 027 NW;
Sec. 028 E2NE,NESE;
Area/Project
Lander FO
Acres
680.00
Rental (1st Year)
$1,020.00
Royalty
12.50%
Administrative Fee
$160.00
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).

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:
  • Lease Notice No. 1
  • Lease Notice No. 2
  • Lease Notice No. 3
  • Lease Stipulation No. 1
  • Lease Stipulation No. 2
  • Lease Stipulation No. 3
  • NSO (1) No surface occupancy or use is allowed on slopes greater than 25 percent as mapped on the Lander Field Office GIS database; (2) protecting areas containing slopes greater than 25 percent.
  • NSO (1) No surface occupancy or use is allowed within 500 feet of perennial surface waters, riparian-wetland areas and/or playas as mapped on the Lander Field Office GIS database; (2) to protect perennial surface waters, riparian-wetland areas, and/or playas.
  • TLS (1) Surface disturbing and disruptive activities within identified big game crucial winter range are prohibited Nov 15 to Apr 30; (2) as mapped on the Lander Field Office database; (3) protecting big game crucial winter range.
  • TLS (1) Surface disturbing and disruptive activities within identified elk winter range are prohibited Nov 15 to Apr 30; (2) as mapped on the Lander Field Office database; (3) protecting elk winter range.
  • TLS (1) Surface disturbing and disruptive activities are restricted or prohibited within 1 mile of bald eagle and ferruginous hawk nests and 3/4 mile of all other active raptor nests during the following time periods, Apr 1 to Aug 31 for northern goshawk, Apr 1 to Sep 15 for burrowing owl, Feb 1 to Aug 15 for bald eagles, Feb 1 to Jul 31 for all other raptors; (2) as mapped on the Lander Field Office GIS database; (3) for the protection of active raptor and/or eagle nests.
  • CSU (1) Surface occupancy or use will be restricted in areas identified as limited reclamation potential soils; (2) as mapped on the Lander Field Office GIS database; (3) for the protection of sensitive soil resources.
  • CSU (1) Surface occupancy or use will be restricted on slopes between 15 and 24 percent; (2) as mapped on the Lander Field Office GIS database; (3) to protect areas containing slopes between 15 and 24 percent.
  • CSU (1) Surface use or occupancy will be restricted within designated “very high” or “high” potential fossil yield classification areas; (2) as mapped on the Lander Field Office GIS database; (3) for the protection of fossil resources.

OFFSET ACTIVITY

Completions from the last 365 days in Fremont County, Wyoming

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Drilling Permits from the last 365 days in Fremont County, Wyoming

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Drilling Rigs on location in Fremont County, Wyoming

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SUCCESSFUL BIDDER NOTIFICATION

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

On the day of the sale, you must pay at least the minimum bonus bid of $2 per acre or fraction of an acre; the first year's advance rental of $1.50 per acre or fraction of an acre; and a non-refundable administrative fee of $160, to the BLM State Office by the close of business.

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


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


Bid History (Top 10)

Bidder

Placed

Amount

Bidder #20

3/21/2018 11:18:20 AM

$17

Bidder #94

3/21/2018 12:13:05 PM

$16

Bidder #20

3/21/2018 11:18:20 AM

$15

Bidder #94

3/21/2018 12:12:58 PM

$14

Bidder #20

3/21/2018 11:18:20 AM

$13

Bidder #94

3/21/2018 12:11:16 PM

$12

Bidder #20

3/21/2018 11:18:20 AM

$11

Bidder #94

3/21/2018 12:11:09 PM

$10

Bidder #20

3/21/2018 11:18:20 AM

$2

1