SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
ALU# 202300123
Gross Acres:
40.00
Net Acres:
20.00
Time Remaining:
Auction has ended
Start Time:
3/7/2023 1:04 PM CST
End Time:
3/14/2023 1:04 PM CDT
Your Bid:
-
Highest Bid:
$672/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$13,953.20
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T159, R103
Sec. 12: SW4SE4
Tract Details
Lease No.
ALU# 202300123
County, State
Williams, ND
Legal Description
T159, R103
Sec. 12: SW4SE4
Gross Acres
40.00
Net Acres
20.00
Royalty Rate
3/16ths
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$100.00
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 #633
3/14/2023 1:03:54 PM
$672
Bidder #601
3/14/2023 1:03:57 PM
$671
Bidder #633
3/14/2023 1:03:54 PM
$424
Bidder #987
3/14/2023 12:41:47 PM
$423
Bidder #700
3/14/2023 12:41:53 PM
$354
Bidder #987
3/14/2023 12:41:47 PM
$353
Bidder #700
3/14/2023 12:41:50 PM
$352
Bidder #987
3/14/2023 12:41:47 PM
$351
Bidder #601
3/14/2023 12:34:44 PM
$350
Bidder #700
3/14/2023 12:41:45 PM
$26