Prior to accepting leases, lessees must register with the Montana Secretary of State.
Within an hour after the last tract closes, an invoice will be sent by EnergyNet to the successful bidder via email for each tract won and the amount due to the Montana Department of Natural Resources and Conservation. Invoices are also available on the Buyer's Homepage. Please call EnergyNet at 866-364-4688 if an email is not received within one (1) hour following the sale.
Submit the payment due for the rental, bonus, buyer premium, and all fees within two (2) business days to EnergyNet. One payment for all funds due is acceptable.
Remittance to EnergyNet may be made by wire transfer, automated clearing house (ACH), or overnighted cashier's check. Full remittance instructions appear on the invoice.
If the payer differs from the bidder, simply reference the tract information with the payment.
When registering for the sale, the bidder may designate the lessee and provide contact details.
The MT DNRC processes and issues the lease documents directly. The general timeframe is 1-3 weeks, and leases are finalized after the Land Board approves.
Visit the EnergyNet YouTube page to view a video on Bidding Practices and Tips.
If you have questions, you may contact the Government Resources Team at firstname.lastname@example.org.