Leasing Unit No. 54
SOLD
July 27th, 2018
6:00 PM CDT / 5:00 PM MDT
Sec. 23: N½NE¼, W½, S½SE¼
Sec. 24: Lots 2(32.30), 3(32.95), 4(32.97), W½E½, N½NW¼, S½SW¼ [Lots aka SE¼NE¼, E½SE¼]
Lease Details
Sec. 23: N½NE¼, W½, S½SE¼
Sec. 24: Lots 2(32.30), 3(32.95), 4(32.97), W½E½, N½NW¼, S½SW¼ [Lots aka SE¼NE¼, E½SE¼]
Additional Information
TERMS AND CONDITIONS
All bidding and lease sales on SITLA properties listed on this website shall be subject to the statutes, administrative rules, and other laws of the State of Utah, including but not limited to the Utah Government Records Access and Management Act, UTAH CODE §63G-2-101, et. seq.
The Applicant offers minimum of $500.00 per lease unit, regardless of acreage, or $11.00 per acre and for each fractional part of an acre (fractional acre is rounded up to one full acre) which includes the first years annual rental of $1.00 per acre and the first years advanced minimum royalty of $10.00 per acre (fractional acre is rounded up to one full acre). Click here to view lease form.
Failure of funds or failure to execute a lease within 30 days of receipt shall constitute a forfeiture of the bonus bid and termination of the lease agreement.
SPECIAL STIPULATIONS
GREATER SAGE GROUSE HABITAT CLAUSE
MAY CONTAIN ACREAGE WITHIN A STATE MANAGED GREATER SAGE GROUSE HABITAT.
SUCCESSFUL BIDDER NOTIFICATION
When the bids are accepted by SITLA, 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 bid amount, will be added to the cost of this lease.
CONTACT INFORMATION
SITLA
Jerry Mansfield
Trust Lands Mineral Resource Specialist
(801) 538-5153
Email: jmansfield@utah.gov
EnergyNet
Gus Rivero
VP of Government Lease Sales
(806) 463-3616
Email: Gus.Rivero@energynet.com
Brandon Savage
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