SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG1900131
Gross Acres:
160.00
Net Acres:
160.00
Time Remaining:
Auction has ended
Start Time:
4/30/2019 12:44 PM CDT
End Time:
5/7/2019 12:44 PM CDT
Your Bid:
-
Highest Bid:
$66/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$11,581.20
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T154N, R88W
Sec. 36: SE4
Tract Details
Lease No.
OG1900131
County, State
Mountrail, ND
Legal Description
T154N, R88W
Sec. 36: SE4
Gross Acres
160.00
Net Acres
160.00
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$800.00
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
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 #14
5/7/2019 12:39:40 PM
$66
Bidder #38
5/7/2019 12:38:19 PM
$65