12-19-12
MTM 111402
MTM 108952-M7

Powder River County, MT
BLM Montana Federal Lease Sale, December 18, 2019

AUCTION CANCELLED

Property Schedule

Due Diligence Began 10/29/2019
Bidding Started 12/18/2019
Bidding Ended 12/18/2019 9:33 AM
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12-19-12
MTM 111402
MTM 108952-M7
960.44
Auction has ended
12/18/2019 7:33 AM MST / 8:33 AM CST
12/18/2019 8:33 AM MST / 9:33 AM CST
-
-
$2/acre
$1
$3,562.33
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Parcel Details
Parcel
12-19-12
MTM 111402
MTM 108952-M7
County, State
Powder River, MT
Legal Description
T. 9 S, R. 52 E, PMM, MT
SEC. 1 LOTS 1-3;
SEC. 1 S1/2NE1/4, NW1/4SW1/4, S1/2SW1/4, W1/2SE1/4;
SEC. 2 LOTS 2,3;
SEC. 2 S1/2NE1/4, S1/2NW1/4, S1/2;
PD
Area/Project
Miles City FO
Acres
960.44
Rental (1st Year)
$1,441.50
Royalty
12.50%
Administrative Fee
$170.00
Comments
PD
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).

Lease 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.

NOTICE TO LESSEE Provisions of the Mineral Leasing Act (MLA) of 1920, as amended by the Federal Coal Leasing Amendments Act of 1976, affect an entity's qualifications to obtain an oil and gas lease. Section 2(a)(2)(A) of the MLA, 30 U.S.C. 201(a)(2)(A), requires that any entity that holds and has held a Federal coal lease for 10 years beginning on or after August 4, 1976, and who is not producing coal in commercial quantities from each such lease, cannot qualify for the issuance of any other lease granted under the MLA. Compliance by coal lessees with Section 2(a)(2)(A) is explained in 43 CFR 3472. In accordance with the terms of this oil and gas lease with respect to compliance by the initial lessee with qualifications concerning Federal coal lease holdings, all assignees and transferees are hereby notified that this oil and gas lease is subject to cancellation if: (1) the initial lessee as assignor or as transferor has falsely certified compliance with Section 2(a)(2)(A) or (2) because of a denial or disapproval by a State Office of a pending coal action, i.e., arms-length assignment, relinquishment, or logical mining unit, the initial lessee as assignor or as transferor is no longer in compliance with Section 2(a)(2)(A). The assignee or transferee does not qualify as a bona fide purchaser and, thus, has no rights to bona fide purchaser protection in the event of cancellation of this lease due to noncompliance with Section 2(a)(2)(A). Information regarding assignor or transferor compliance with Section 2(a)(2)(A) is contained in the lease case file as well as in other Bureau of Land Management records available through the State Office issuing this lease.

THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

  • CR 16-1 (ALL LANDS)
  • CSU 12-23 (ALL LANDS)
  • CSU 12-24
    SEC. 1 LOTS 1-3;
    SEC. 1 S1/2NE1/4, NW1/4SW1/4, S1/2SW1/4, NW1/4SE1/4;
    SEC. 2 LOTS 2,3;
    SEC. 2 S1/2NE1/4, S1/2NW1/4, S1/2;
  • CSU 12-25
    SEC. 1 SE1/4SW1/4, W1/2SE1/4;
  • CSU 12-26
    SEC. 1 NW1/4SW1/4, S1/2SW1/4;
    SEC. 2 LOTS 2,3;
    SEC. 2 S1/2NE1/4, S1/2NW1/4, S1/2;
  • CSU 12-29
    SEC. 2 SW1/4NW1/4, NW1/4SW1/4;
  • LN 14-11 (ALL LANDS)
  • LN 14-12 (ALL LANDS)
  • LN 14-18 (ALL LANDS)
  • LN 14-20 (ALL LANDS)
  • LN 14-23 (ALL LANDS)
  • LN 14-37 (ALL LANDS)
  • LN 14-40 (ALL LANDS)
  • NSO 11-70
    SEC. 1 LOTS 1-3;
    SEC. 1 SE1/4NE1/4, NW1/4SW1/4, S1/2SW1/4, W1/2SE1/4;
    SEC. 2 LOTS 2,3;
    SEC. 2 SW1/4NE1/4, SE1/4NW1/4, W1/2SW1/4, SE1/4SW1/4;
  • STD 16-3 (ALL LANDS)
  • TES 16-2 (ALL LANDS)
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 Montana Contact Information
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Government Resources

Email
government@energynet.com

Office
(866) 364-4688

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