SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG2100102
Gross Acres:
163.50
Net Acres:
81.75
Time Remaining:
Auction has ended
Start Time:
10/26/2021 8:18 AM MDT / 9:18 AM CDT
End Time:
11/2/2021 8:18 AM MDT / 9:18 AM CDT
Your Bid:
-
Highest Bid:
$178/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$15,406.80
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T160N, R102W
Sec. 2: S2NE4, LOTS 1,2
Tract Details
Lease No.
OG2100102
County, State
Divide, ND
Legal Description
T160N, R102W
Sec. 2: S2NE4, LOTS 1,2
Gross Acres
163.50
Net Acres
81.75
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$408.75
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Offset Activity
Seller Acquisition Agreement(s)
The North Dakota Department of Trust Lands Forms and Policies may be found at www.land.nd.gov/surface-minerals-management/mineral-auctions/forms-and-policies.
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 3% Buyer Premium, calculated as 3% of the total bonus, will be added to the cost of this lease.
North Dakota Department of Trust Lands Point of Contact
EnergyNet Points of Contact
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #312
11/2/2021 8:38:52 AM
$178
Bidder #289
11/2/2021 9:17:56 AM
$177
Bidder #312
11/2/2021 8:38:52 AM
$153
Bidder #289
11/2/2021 9:16:58 AM
$152
Bidder #312
11/2/2021 8:38:52 AM
$151
Bidder #289
11/2/2021 9:16:50 AM
$150
Bidder #312
11/2/2021 8:38:52 AM
$129
Bidder #289
11/2/2021 9:16:31 AM
$128
Bidder #312
10/29/2021 10:23:38 AM
$127
Bidder #289
11/1/2021 3:11:31 PM
$126