SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Parcel:
Parcel ID: 8077
Serial #: COC79148
Acres:
319.80
Time Remaining:
Auction has ended
Start Time:
9/6/2018 9:14 AM MDT / 10:14 AM CDT
End Time:
9/6/2018 11:14 AM MDT / 12:14 PM CDT
Your Bid:
-
Highest Bid:
$2/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$1,289.60
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
T.0180S., R.0530W., 6TH PM
Section 1: Lot 1,2;
Section 1: S2NE,SE;
Parcel Details
Parcel
Parcel ID: 8077/Serial #: COC79148
County, State
Kiowa, CO
Legal Description
T.0180S., R.0530W., 6TH PM
Section 1: Lot 1,2;
Section 1: S2NE,SE;
Acres
319.80
Rental (1st Year)
$480.00
Royalty
12.5%
Administrative Fee
$160.00
Comments
PD
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 CO-03 to protect raptor nests
All lands are subject to Exhibit CO-09 to protect big game winter habitat
All lands are subject to Exhibit CO-18 to protect raptor nesting and fledgling habitat
All lands are subject to Exhibit CO-19 to protect ferruginous hawk nesting and fledgling habitat
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; CORM: RGFO
Offset Activity
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.
BLM Colorado Contact Information
Email
blm_co_leasesale@blm.gov
Phone
(303) 239-3990
EnergyNet Points of Contact
VP of Government Lease Sales
Gus Rivero
Email
Gus.Rivero@energynet.com
Office
(806) 463-3616
Manager of Government Lease Sales
Brandon Savage
Email
Brandon.Savage@energynet.com
Office
(806) 463-3621
Government Lease Sales Analyst
Heather Fugger
Email
Heather.Fugger@energynet.com
Office
(806) 463-3619
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #39
9/6/2018 12:12:26 PM
$2