Server Time (CDT): Mar. 28, 3:54:40a

Lease Unit No. 88

Daggett County, UT
Utah Over the Counter Lease Sale

AUCTION CANCELLED

Property Schedule

Due Diligence Began 4/29/2013
Bidding Started 5/15/2013
Bidding Ended 5/22/2013 2:45 PM

Registration Status:

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Your Bid Status:

You have not bid on this lot

Lease:

Lease Unit No. 88

Gross Acres:

961.96

Net Acres:

961.96

Time Remaining:

Auction has ended

Start Time:

5/15/2013 1:45 PM MDT / 2:45 PM CDT

End Time:

5/22/2013 1:45 PM MDT / 2:45 PM CDT

Your Bid:

-

Highest Bid:

-

Starting Bid:

$2/acre

Bid Increment:

$0.50

Total Cost at Starting Bid:

$1,992.48
(Bonus + Agency Fees + Buyer Premium)

Legal Description:

Lease Details

Lease Name

Lease Unit No. 88

County, State

Daggett, UT

Legal Description

T3N, R18E, SLB&M
Sec. 16: Lots 1(36.81), 2(36.83), 3(36.85), 4(36.87), NE¼SW¼, S½SW¼, SE¼ [Lots aka S½N½]
Sec. 17: Lots 1(36.91), 2(36.95), 3(37.01), 4(37.05), E½SW¼, SE¼ [Lots aka S½N½]
Sec. 18: Lots 1(37.07), 2(37.05), 3(37.03), 4(35.53) [aka S½N½]

Gross Acres

961.96

Net Acres

961.96

Royalty

16 2/3%

Lease Term

5 Years

Application Fee

$30.00

Additional Information

All bidding and lease sales on SITLA properties listed on this website shall be subject to the statutes, administrative rules, and other laws of the State of Utah, including but not limited to the Utah Government Records Access and Management Act, UTAH CODE §63G-2-101, et. seq.
Purchase price includes the lease bonus and 1st year rental. Buyer will be responsible for paying rental payment for years 2 through 5.
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