SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
ALU# 202300052
Gross Acres:
158.12
Net Acres:
79.06
Time Remaining:
Auction has ended
Start Time:
3/7/2023 10:42 AM CST
End Time:
3/14/2023 10:42 AM CDT
Your Bid:
-
Highest Bid:
$334/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$27,603.52
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T161, R102
Sec. 18: E2SW4, LOTS 3,4
Tract Details
Lease No.
ALU# 202300052
County, State
Divide, ND
Legal Description
T161, R102
Sec. 18: E2SW4, LOTS 3,4
Gross Acres
158.12
Net Acres
79.06
Royalty Rate
3/16ths
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$395.30
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Lands Lease Auctions
Offset Activity
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 #601
3/14/2023 10:07:52 AM
$334
Bidder #304
3/14/2023 10:41:38 AM
$333
Bidder #601
3/14/2023 10:07:52 AM
$223
Bidder #304
3/14/2023 10:40:31 AM
$222
Bidder #601
3/14/2023 10:07:52 AM
$113
Bidder #304
3/14/2023 10:40:15 AM
$112
Bidder #601
3/14/2023 10:07:52 AM
$2