Parcel ID: 6434
Serial #: COC78800

La Plata County, CO
BLM Colorado Federal Lease Sale, March 8, 2018

SOLD

Property Schedule

Due Diligence Began 1/12/2018
Bidding Started 3/8/2018
Bidding Ended 3/8/2018 12:00 PM
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Parcel ID: 6434
Serial #: COC78800
80.00
Auction has ended
3/8/2018 9:00 AM MST / 10:00 AM CST
3/8/2018 11:00 AM MST / 12:00 PM CST
-
$4/acre
$2/acre
$1
$604.80
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Parcel Details
Parcel
Parcel ID: 6434
Serial #: COC78800
County, State
La Plata, CO
Legal Description
T.0340N., R.011AW., NMPM
Section 6: NESW,NWSE;
Acres
80.00
Rental (1st Year)
$120.00
Royalty
12.5%
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 PARCEL IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

All lands are subject to Exhibit 1.4.1 for intermittent and ephemeral streams.

All lands are subject to Exhibit 1.4.2 for intermittent and ephemeral streams.

All lands are subject to Exhibit 1.9.1 for lands with slopes greater than 35 percent.

All lands are subject to Exhibit 1.10.1 for lands with 25-35 percent slopes and lands with shale soils.

All lands are subject to Exhibit 3.3.1 for Southwestern Willow Flycatcher.

All lands are subject to Exhibit 3.3.2 for Southwestern Willow Flycatcher.

All lands are subject to Exhibit 3.8.1 for migratory birds.

All lands are subject to Exhibit 3.9.1 for eagles, all accipiters, falcons, buteos, and owls.

All lands are subject to Exhibit 3.9.2 for eagles, all accipiters, falcons, buteos, and owls.

All lands are subject to Exhibit 3.10.2 for big game.

All lands are subject to Exhibit 3.10.3 for big game.

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

PVT/BLM; COS:TRFO

OFFSET ACTIVITY

Completions from the last 365 days in La Plata County, New Mexico

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Drilling Permits from the last 365 days in La Plata County, New Mexico

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Drilling Rigs on location in La Plata County, New Mexico

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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 4:00 PM MST.

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
(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 #3

3/8/2018 11:59:57 AM

$4

Bidder #8

3/8/2018 10:46:28 AM

$3

1