Montana Department of Natural Resources & Conservation Oil & Gas Lease Sale FAQs

When will I receive the invoice for the parcels I won?

Approximately 1 hour after the last parcel closes, you will receive an email containing the invoice showing the total amount owed for tracts won. If you do not receive the emails within 1 hour, please call EnergyNet at 877-351-4488.

When is the invoice due?

The invoice is due within two (2) days to EnergyNet.

What are the payment options?

Payment by wire transfer or automated clearing house (ACH) for all bonus, rental, fees, and Buyer Premium, is to be paid directly to EnergyNet. Remittance instructions will be provided with the invoice.

What if the payer is different than the bidder?

If the payer differs from the bidder, simply reference the parcel information with the payment.

What if the bidder name is different from the entity that will hold the lease?

You will receive a Bidder Sheet from EnergyNet and may designate your lessee name and details on the form.

Where can I find more information about the Nomination process?

Click Here to View Government Agency Nomination Information

Where do I find out more about placing bids?

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

Copyright ©1999-2022, LLC, All Rights Reserved

Member FINRA. Investments in oil and gas properties involve substantial risk including the possible loss of principal. These risks include, among others, commodity price fluctuations and unforeseen events that may affect oil and gas property values in addition to risks associated with each specific investment. The information included herein is intended to introduce information for independent review and analysis by sophisticated, institutional investors who are engaged in the oil and gas business, and can identify the analyze independently the inherent risks and speculative nature associated with valuing, purchasing, drilling, producing, and operating oil and gas assets. Importantly, EnergyNet may not have independently verified and/or updated information listed herein and may have limited the information included here. Thus, the information may not be complete or up to date and must not be relied upon because each buyer must independently collect, verify, and analyze the information relevant to its purchase decisions. Nothing herein shall be construed as giving legal, financial, or other advice of any kind. The material included herein is for informational purposes only and does not constitute an offer or solicitation to sell or purchase any securities. Check the background of this Firm on FINRA's BrokerCheck.