Wyoming OSLI Oil & Gas Lease Sale FAQs

Are there registration requirements to conduct business with the State of Wyoming?

To be qualified to receive or hold any interest in a state lease, corporations, limited partnerships and limited liability companies must be authorized to transact business in the State of Wyoming by the Secretary of State. Businesses needing to register with the State of Wyoming can do so at https://wyobiz.wyo.gov/Business/RegistrationInstr.aspx.

General partnerships will need to provide the Office with a copy of their partnership documents.

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

Within an hour after the last parcel closes, an invoice will be sent by EnergyNet to the successful bidder via email for each tract won and the amount due to the Wyoming Office of State Lands and Investments. 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.

When is the invoice due?

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.

What are the payment options?

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.

What if the payer is different than the bidder?

If the payer differs from the bidder, simply reference the invoice number with the wire payment or overnighted cashier's check.

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

If the lessee's name will be different from the bidder's name, please designate the appropriate Lessee Name on the Wyoming Application for Lease Form that will be sent in a separate email.

When will I receive my Lease documents?

WY OSLI processes and issues the lease documents directly. The Leases must be approved by the Board at the next meeting following the sale close date and will be processed after such approval.

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.

Contact the Government Resources Team with any questions at government@energynet.com or (877) 351-4488.