AUCTION CANCELLED
Registration Status:
Please log in as a buyer to view registration status.
Your Bid Status:
You have not bid on this lot
Lease:
Leasing Unit No. 12
Gross Acres:
627.12
Net Acres:
627.12
Time Remaining:
Auction has ended
Start Time:
12/20/2018 9:08 AM MST / 10:08 AM CST
End Time:
12/27/2018 9:08 AM MST / 10:08 AM CST
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$0.50
Total Cost at Starting Bid:
$1,311.12
(Bonus + Agency Fees + Buyer Premium)
Legal Description:
T12S, R13E, SLB&M
Sec. 36: Lots 1(39.54), 2(37.40), 3(37.30), 4(36.26), 5(36.62), N½, N½SW¼, NW¼SE¼ [All]
Lease Details
Lease Name
Utah Leasing Unit No. 12
County, State
Carbon, UT
Legal Description
T12S, R13E, SLB&M
Sec. 36: Lots 1(39.54), 2(37.40), 3(37.30), 4(36.26), 5(36.62), N½, N½SW¼, NW¼SE¼ [All]
Gross Acres
627.12
Net Acres
627.12
Royalty
16.67%
Lease Term
5 Years
Application Fee
$30.00
Special Stipulation
GREATER SAGE GROUSE HABITAT CLAUSE
Lease 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 $2.00 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, unless otherwise noted. 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 Stipulation
GREATER SAGE GROUSE HABITAT CLAUSE
MAY CONTAIN ACREAGE WITHIN A STATE MANAGED GREATER SAGE GROUSE HABITAT.
Offset Activity
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.
Payment must be made within two business days.
Buyer Premium
A 2% Buyer Premium, calculated as 2% of the total bid amount, will be added to the cost of this lease.
Utah School and Institutional Trust Land Administration Points of Contact
Senior Research Analyst
Lisa Wells
Email
lisawells@utah.gov
Office
(801) 538-5154
Research Analyst
Aly Gold
Email
agold@utah.gov
Office
(801) 538-5159
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