SOLD
Registration Status:
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Your Bid Status:
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Tract:
OG2200154
Gross Acres:
40.00
Net Acres:
20.00
Time Remaining:
Auction has ended
Start Time:
4/26/2022 11:12 AM MDT / 12:12 PM CDT
End Time:
5/3/2022 11:12 AM MDT / 12:12 PM CDT
Your Bid:
-
Highest Bid:
$2/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$151.20
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T153N, R86W
Sec. 14: SE4SW4
Tract Details
Lease No.
OG2200154
County, State
Ward, ND
Legal Description
T153N, R86W
Sec. 14: SE4SW4
Gross Acres
40.00
Net Acres
20.00
Royalty Rate
1/6th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$100.00
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
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 #757
5/3/2022 11:43:43 AM
$2