AUCTION CANCELLED
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG1800080
Gross Acres:
131.03
Net Acres:
131.03
Time Remaining:
Auction has ended
Start Time:
4/24/2018 9:54 AM CDT
End Time:
5/1/2018 9:54 AM CDT
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Starting Bid:
$932.45
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
REMOVED FROM AUCTION
Will be re-offered at a lease sale to be scheduled by the Department in June of 2018
T148N, R91W
Sec. 22: MISSOURI RIVER IN NE4
Tract Details
Lease No.
OG1800080
County, State
Dunn, ND
Legal Description
REMOVED FROM AUCTION
Will be re-offered at a lease sale to be scheduled by the Department in June of 2018
T148N, R91W
Sec. 22: MISSOURI RIVER IN NE4
Gross Acres
131.03
Net Acres
131.03
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$655.15
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Additional Information
PROVISIONS
W: This tract is within an area identified as essential wildlife habitat, however the Department of Trust Lands does not manage the surface.
R: Indicates that leases will contain an addendum stipulating that no surface occupancy will be allowed.
IMPORTANT NOTICES PERTAINING TO
NORTH DAKOTA DEPARTMENT OF TRUST LAND LEASE AUCTIONS
OFFSET ACTIVITY
Completions from the last 365 days in Dunn County, North Dakota
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Drilling Permits from the last 365 days in Dunn County, North Dakota
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Drilling Rigs on location in Dunn County, North Dakota
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 2% Buyer Premium, calculated as 2% of the total bonus, will be added to the cost of this lease.
CONTACT INFORMATION
North Dakota
Allie Bement
Land Professional
(701) 328-1952
Email: abement@nd.gov
EnergyNet
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
Heather Fugger
Government Lease Sales Analyst
(806) 463-3619
Email: Heather.Fugger@energynet.com