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LST AP0572

Alaska DNR Alaska Peninsula Areawide 2024 Oil & Gas Lease Sale, June 6, 2024

AUCTION IS ACTIVE

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Registration Status:

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Your Bid Status:

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Tract:

LST AP0572

Estimated Acres:

5,760

Time Remaining:

3D 13H 6M 32S

Start Time:

5/20/2024 4:00 AM AKDT / 7:00 AM CDT

End Time:

6/6/2024 12:00 PM AKDT / 3:00 PM CDT

Minimum Bid:

$5 per acre

Total Tract Cost at Minimum Bid:

$29,376
(Bonus + Buyer Premium)

Legal Description:

Tract Details

Lease Name

LST AP0572

Borough, State

Lake and Peninsula, AK

Legal Description

T. 36 S., R. 58 W.
Seward Meridian, Alaska
Sec. 4, 5, 6, 7, 8, 9, 16, 17, 18

Primary Lease Term

10 Years

Estimated Acreage

5,760

Royalty

12.50000%

Lease Form Information

Record District & Local Government

Record District: Kvichak
Local Government: Lake and Peninsula Borough

Remittance Due Notification

Upon close of bidding, each bidder will be notified via email with closing instructions, including total amount due.

Within six (6) days, you must pay the Bid Deposit (20% of the bonus bid), to the Alaska DNR.

Buyer Premium

A 2.0% Buyer Premium, calculated as 2.0% of the total bonus, will be added to the cost of this lease.

Contacts

Alaska DNR Point of Contact
Lease or development questions?
Email dog.leasing@alaska.gov
Phone (907) 269-8800


For questions about participating in the offering:
EnergyNet Government Resources
Phone (877) 351-4488

Email government@energynet.com