SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
ALU# 00208
Gross Acres:
40.00
Net Acres:
20.00
Time Remaining:
Auction has ended
Start Time:
8/1/2023 11:28 AM CDT
End Time:
8/8/2023 11:28 AM CDT
Your Bid:
-
Highest Bid:
$134/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$2,870.40
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T158, R103
Sec. 17: SE4NE4
Tract Details
Lease No.
ALU# 00208
County, State
Williams, ND
Legal Description
T158, R103
Sec. 17: SE4NE4
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 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 #562
8/8/2023 11:27:55 AM
$134
Bidder #190
8/8/2023 11:27:12 AM
$133
Bidder #263
8/8/2023 11:27:48 AM
$112
Bidder #190
8/8/2023 11:27:12 AM
$111
Bidder #263
8/8/2023 11:27:39 AM
$110
Bidder #190
8/8/2023 11:27:12 AM
$109
Bidder #263
8/8/2023 11:27:32 AM
$108
Bidder #190
8/8/2023 11:27:12 AM
$107
Bidder #263
8/8/2023 11:27:05 AM
$106
Bidder #98
8/8/2023 11:27:03 AM
$95