SOLD
Registration Status:
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Your Bid Status:
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Tract:
OG1800250
Gross Acres:
95.41
Net Acres:
95.41
Time Remaining:
Auction has ended
Start Time:
10/30/2018 11:54 AM CDT
End Time:
11/6/2018 10:54 AM CST
Your Bid:
-
Highest Bid:
$201/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$20,048.01
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T149N, R91W
Sec. 13: MISSOURI RIVER IN SE4
Tract Details
Lease No.
OG1800250
County, State
Dunn, ND
Legal Description
T149N, R91W
Sec. 13: MISSOURI RIVER IN SE4
Gross Acres
95.41
Net Acres
95.41
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$477.05
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Provision
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.
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 plus rental, will be added to the cost of this lease.
North Dakota Department of Trust Lands Point of Contact
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 #6
11/5/2018 3:56:05 PM
$201
Bidder #21
11/6/2018 10:52:41 AM
$200
Bidder #6
11/5/2018 3:56:05 PM
$101
Bidder #32
11/6/2018 10:45:23 AM
$100
Bidder #6
11/5/2018 3:56:05 PM
$2