SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
Lease OG2200813
Gross Acres:
73.54
Net Acres:
36.77
Time Remaining:
Auction has ended
Start Time:
10/25/2022 9:58 AM MDT / 10:58 AM CDT
End Time:
11/1/2022 9:58 AM MDT / 10:58 AM CDT
Your Bid:
-
Highest Bid:
$334/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$12,843.47
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T158, R91
Sec. 6: SE4SW4, LOT 7
Tract Details
Lease No.
Lease OG2200813
County, State
Mountrail, ND
Legal Description
T158, R91
Sec. 6: SE4SW4, LOT 7
Gross Acres
73.54
Net Acres
36.77
Royalty Rate
3/16ths
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$183.85
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Lands Lease Auctions
Seller Acquisition Agreement(s)
The North Dakota Department of Trust Lands Forms and Policies may be found at www.land.nd.gov/surface-minerals-management/mineral-auctions/forms-and-policies.
Successful Bidder Notification
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
Buyer Premium
A 3% Buyer Premium, calculated as 3% of the total bonus, will be added to the cost of this lease.
North Dakota Department of Trust Lands Point of Contact
EnergyNet Points of Contact
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #852
11/1/2022 10:57:58 AM
$334
Bidder #432
11/1/2022 10:57:57 AM
$333
Bidder #447
11/1/2022 10:13:19 AM
$315
Bidder #852
11/1/2022 10:57:52 AM
$252
Bidder #447
11/1/2022 10:13:19 AM
$251
Bidder #852
11/1/2022 10:57:49 AM
$250
Bidder #447
11/1/2022 10:13:19 AM
$181
Bidder #852
11/1/2022 10:57:42 AM
$180
Bidder #447
11/1/2022 10:13:19 AM
$70
Bidder #930
10/25/2022 12:32:15 PM
$69