South Dakota School and Public Lands Oil & Gas Lease Sale FAQs

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

Approximately 30 minutes to an hour after the last tract closes, you will receive an email containing the invoice showing the total amount owed for the successful auction(s). If you do not receive the email within one hour, please call us at 877-351-4488.

When is the invoice due?

Submit the payment due for the Annual Delay Rental, bonus and EnergyNet Buyer Premium directly to the South Dakota School and Public Lands within 7 (seven) days. For your convenience, one check or cashier's check for all funds due is acceptable.

What are the payment options?

Remittance to South Dakota School and Public Lands may be made by check or cashier's check. Full remittance instructions appear on the invoice.

What if the payer is different than the bidder?

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

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

If the name for the leases will be different from the bidder name, please designate the appropriate Lessee Name on the State of South Dakota Bidder Sheet that will be sent in a separate email. This form must be returned to EnergyNet within 2 business days.

Where do I find out more about placing bids?

Visit the EnergyNet YouTube page to view a video on Bidding Practices and Tips. https://youtu.be/DPZM0S1smBE

If you have questions, you may contact the Government Resources Team at government@energynet.com.

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