Tract No. 6; TRMS2653
SOLD
Property Schedule
Tract Details
Lease Terms and Conditions
Purchase price includes the lease bonus and 1st year rental and buyer's premium. Buyer will be responsible for paying rental payments for years 2 through 5.
Data represented on these maps is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither Colorado nor EnergyNet.com shall be liable for any direct, indirect or consequential damages to any party arising out of or in connection with the use of data on these maps.
There is no assurance that there is any potential for production on any tract offered for leasing by the State Board of Land Commissioners.
Click here to view the lease form.
Lease Royalty Rate Information Colorado State Land Board oil and gas leases will be initially offered at a 20% royalty rate. If a lease does not sell at auction, it will be available at the next subsequent auction at a 18.75% royalty rate. If a tract is unsold at the 18.75% rate, it will be placed back into the State Land Board inventory and can be nominated for future auctions starting at the 20% royalty rate. For questions about this process please contact Catie Stitt at 303-866-3454 ext. 3326.
Seller Acquisition Agreement(s)
The Colorado State Land Board forms associated with Oil and Gas leasing may be found at https://slb.colorado.gov/lease/oil-gas/.
Lease Stipulations
3. OG STIP 3- SEVERED ESTATE WITH KNOWN BIOLOGICAL ISSUES:
Lease contains Colorado Parks and Wildlife (CPW) mapped High Priority Habitat (HPH) and/or occurrences of Federally-listed Endangered, Threatened, or Candidate wildlife or plant species as mapped by Colorado Natural Heritage Program (CNHP). Lessee must notify Lessor’s District Manager prior to surface access and proposed surface occupancy and in connection with any proposed oil and gas operations, including, without limitation, the submittal of a Location Assessment or an Application for Permit to Drill (APD). Lessee is encouraged to notify CPW and CNHP in connection with the required surface owner notice.
D. SWIFT FOX POTENTIAL DENNING HABITAT STIPULATION:
Prior to drilling operations, Lessee must conduct a Swift Fox survey for active den sites. Lessee shall consult with the State Land Board regarding their results prior to drilling operations.
E. MOUNTAIN PLOVER POTENTIAL NEST SITES STIPULATION:
If initial surface disturbance is planned between April 1 - August 15, Lessee must conduct a pre-construction survey for Mountain Plover. Lessee shall consult with the State Land Board regarding their results prior to drilling operations.
Successful Bidder Notification
After all auctions have closed, 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 bonus plus rental, will be added to the cost of this lease.
Colorado State Land Board Points of Contact
Minerals Director
Christel Koranda
Email
Christel.Koranda@state.co.us
Office
(303) 866-3454 ext 3321
Oil and Gas Specialist
Catie Stitt
Email
Catie.Stitt@state.co.us
Office
(303) 866-3454 ext 3326
EnergyNet Point of Contact
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #94
8/18/2021 9:47:14 AM
$11
Bidder #179
8/18/2021 10:09:54 AM
$10
Bidder #94
8/18/2021 9:47:14 AM
$9
Bidder #179
8/18/2021 10:09:39 AM
$8
Bidder #94
8/18/2021 9:47:14 AM
$7
Bidder #179
8/18/2021 10:09:18 AM
$6
Bidder #94
8/18/2021 9:47:14 AM
$5
Bidder #179
8/18/2021 10:08:44 AM
$4
Bidder #94
8/18/2021 9:47:14 AM
$3
Bidder #179
8/18/2021 10:08:15 AM
$2