AUCTION CANCELLED
Registration Status:
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Your Bid Status:
You have not bid on this lot
Parcel:
NV-19-11-371
Acres:
2,539.32
Time Remaining:
Auction has ended
Start Time:
11/12/2019 10:02 AM PST / 12:02 PM CST
End Time:
11/12/2019 11:02 AM PST / 1:02 PM CST
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Starting Bid:
$9,136.20
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
T.0210N, R.0680E, 21 MDM, NV
Sec. 013 ALL;
Sec. 014 LOTS 1-2;
Sec. 014 N2,E2SW,SE;
Sec. 015 LOTS 1-3;
Sec. 015 N2,SW,SWSE;
Sec. 016 ALL;
Parcel Details
Parcel
NV-19-11-371
County, State
White Pine, NV
Legal Description
T.0210N, R.0680E, 21 MDM, NV
Sec. 013 ALL;
Sec. 014 LOTS 1-2;
Sec. 014 N2,E2SW,SE;
Sec. 015 LOTS 1-3;
Sec. 015 N2,SW,SWSE;
Sec. 016 ALL;
Area/Project
Ely DO
Acres
2,539.32
Rental (1st Year)
$3,810.00
Royalty
12.50%
Administrative Fee
$170.00
Comments
Parcel also known as NV-18-12-195
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).
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. See Sale Notice for stipulation details.
THIS PARCEL IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:
NV-L-00-A-LN, NV-L-06-B-TL, NV-L-03-B-TL, NV-L-02-C-TL
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 $170, 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 Nevada Contact Information
Email
nvsoweb@blm.gov
Phone
(775) 861-6515
EnergyNet Points of Contact
VP, Government Resources
Gus Rivero
Email
Gus.Rivero@energynet.com
Office
(806) 463-3616
Managing Director, Government Resources
Brandon Savage
Email
Brandon.Savage@energynet.com
Office
(806) 463-3621
Transaction Manager
Heather Fugger
Email
Heather.Fugger@energynet.com
Office
(806) 463-3619
Global Markets Strategic Analyst
Anastasia Rademaekers
Email
Anastasia.Rademaekers@energynet.com
Office
(806) 463-3635