SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
ALU# 202300121
Gross Acres:
78.11
Net Acres:
37.64
Time Remaining:
Auction has ended
Start Time:
3/7/2023 1:00 PM CST
End Time:
3/14/2023 1:00 PM CDT
Your Bid:
-
Highest Bid:
$601/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$23,498.49
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T159, R103
Sec. 12: 3.15 AC IN SW4NW4, NW4 LESS TRACTS PREV DEEDED
Tract Details
Lease No.
ALU# 202300121
County, State
Williams, ND
Legal Description
T159, R103
Sec. 12: 3.15 AC IN SW4NW4, NW4 LESS TRACTS PREV DEEDED
Gross Acres
78.11
Net Acres
37.64
Royalty Rate
3/16ths
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$188.20
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 #31
3/14/2023 12:59:41 PM
$601
Bidder #633
3/14/2023 12:59:55 PM
$600
Bidder #31
3/14/2023 12:59:41 PM
$513
Bidder #601
3/14/2023 12:59:55 PM
$512
Bidder #31
3/14/2023 12:59:41 PM
$502
Bidder #601
3/14/2023 12:58:55 PM
$501
Bidder #987
3/14/2023 12:42:13 PM
$429
Bidder #940
3/14/2023 12:58:37 PM
$356
Bidder #987
3/14/2023 12:42:13 PM
$355
Bidder #940
3/14/2023 12:58:35 PM
$354