WY-181Q-167

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

SOLD

Property Schedule

Due Diligence Began 3/22/2018
Bidding Started 3/22/2018
Bidding Ended 3/22/2018 11:32 AM
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WY-181Q-167
2,235.22
Auction has ended
3/22/2018 9:32 AM MDT / 10:32 AM CDT
3/22/2018 10:32 AM MDT / 11:32 AM CDT
-
$12/acre
$2/acre
$1
$30,748.48
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Parcel Details
Parcel
WY-181Q-167
County, State
Park, WY
Legal Description
T.0570N, R.1000W, 06th PM, WY
Sec. 020 ALL;
Sec. 028 ALL;
Sec. 030 LOTS 1-4;
Sec. 030 E2W2,SWSE;
Sec. 031 S2SE;
Sec. 032 SWSW;
Sec. 033 S2SW,SE;
Sec. 034 LOTS 1,2,6,7;
Sec. 034 N2SE;
Area/Project
Cody FO
Acres
2,235.22
Rental (1st Year)
$3,354.00
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
  • Lease Notice 1041
  • CSU (1) Surface occupancy or use will be restricted or prohibited within Zone 1 outside elk crucial winter range of the Absaroka Front MLP analysis area Surface occupancy or use will be restricted to no more than 1 location per lease, to include 1 well pad and ancillary facilities. Total surface disturbance per lease will not exceed 32 acres; (2) as mapped on the Cody Field Office GIS database; (3) protecting wildlife habitat outside of elk crucial winter range in Zone 1 of the Absaroka Front MLP analysis area.
  • CSU (1) Surface occupancy or use will be restricted or prohibited up to 2 miles where setting is an important aspect of the integrity for the trail, unless the operator and surface managing agency arrive at an acceptable plan for mitigation of anticipated impacts. The Plan must demonstrate proposed infrastructure is either not visible or will result in a weak contrast rating; (2) as mapped on the Cody Field Office GIS database; (3) protecting other historic trails.

OFFSET ACTIVITY

Completions from the last 365 days in Park County, Wyoming

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Drilling Permits from the last 365 days in Park 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 #66

3/22/2018 11:31:55 AM

$12

Bidder #75

3/22/2018 11:23:59 AM

$11

Bidder #78

3/22/2018 11:29:29 AM

$4

Bidder #75

3/22/2018 11:23:59 AM

$3

Bidder #78

3/22/2018 10:32:08 AM

$2

1