SOLD
Registration Status:
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Your Bid Status:
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Tract:
OG1900047
Gross Acres:
159.00
Net Acres:
79.50
Time Remaining:
Auction has ended
Start Time:
4/30/2019 9:56 AM CDT
End Time:
5/7/2019 9:56 AM CDT
Your Bid:
-
Highest Bid:
$2/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$569.68
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T140N, R102W
Sec. 36: NW4 LESS RR R/W
Tract Details
Lease No.
OG1900047
County, State
Billings, ND
Legal Description
T140N, R102W
Sec. 36: NW4 LESS RR R/W
Gross Acres
159.00
Net Acres
79.50
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$397.50
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.
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 #49
5/7/2019 9:55:55 AM
$2