SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
ALU# 00150
Gross Acres:
80.00
Net Acres:
40.00
Time Remaining:
Auction has ended
Start Time:
8/1/2023 9:32 AM CDT
End Time:
8/8/2023 9:32 AM CDT
Your Bid:
-
Highest Bid:
$76/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$3,341.20
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T160, R101
Sec. 27: S2NW4
Tract Details
Lease No.
ALU# 00150
County, State
Divide, ND
Legal Description
T160, R101
Sec. 27: S2NW4
Gross Acres
80.00
Net Acres
40.00
Royalty Rate
3/16ths
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$200.00
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 and Buyer Premium
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
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 #870
8/8/2023 9:31:57 AM
$76
Bidder #37
8/8/2023 9:31:03 AM
$75
Bidder #190
8/8/2023 9:30:12 AM
$50
Bidder #37
8/8/2023 9:30:38 AM
$15
Bidder #190
8/8/2023 9:30:12 AM
$6
Bidder #37
8/8/2023 9:30:23 AM
$5
Bidder #190
8/8/2023 9:30:12 AM
$3
Bidder #37
8/8/2023 8:51:38 AM
$2