Server Time (CDT): Mar. 28, 11:11:31a

No. 21

Weld County, CO
Colorado State Lease Auction

SOLD

Property Schedule

Due Diligence Began 8/8/2013
Bidding Started 9/12/2013
Bidding Ended 9/19/2013 4:40 PM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Tract:

No. 21

Gross Acres:

240.00

Net Acres:

240.00

Time Remaining:

Auction has ended

Start Time:

9/12/2013 3:40 PM MDT / 4:40 PM CDT

End Time:

9/19/2013 3:40 PM MDT / 4:40 PM CDT

Your Bid:

-

Highest Bid:

$226/acre

Starting Bid:

$0/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$55,956.80
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)

Legal Description:

Tract Details

Tract No.

No. 21

County, State

Weld, CO

Legal Description

T8N, R57W, 6th PM
Sec. 14: S2NW, SW

Gross Acres

240.00

Net Acres

240.00

State Owns Surface

Royalty Rate

1/6

Rental/Acre (Per Year)

$2.50

CO Application Fee

$20.00

Buyer Premium

2.00%

Additional Information

Rentals and bonus bidding are on a per acre basis. The minimum bid is the first year's rental of $2.50 per acre or fraction thereof, plus the statutory fees. The bidding beyond the minimum is a bonus bid, and the winning bidder will pay the amount bid plus the first year’s rental and fees. The bonus is a one-time payment only while the rentals are annual and continuous whether or not production is established. The bidding is in multiples of $1.00. Buyer will be responsible for paying rental payments for the life of the lease.
Data represented on these maps is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither Colorado nor EnergyNet.com shall be liable for any direct, indirect or consequential damages to any party arising out of or in connection with the use of data on these maps.
There is no assurance that there is any potential for production on any tract offered for leasing by the State Board of Land Commissioners.

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #21

9/19/2013 4:39:58 PM

$226

Bidder #17

9/19/2013 4:38:44 PM

$225

Bidder #25

9/19/2013 4:39:54 PM

$205

Bidder #17

9/19/2013 4:38:44 PM

$201

Bidder #25

9/19/2013 4:39:46 PM

$200

Bidder #17

9/19/2013 4:38:44 PM

$191

Bidder #21

9/19/2013 4:38:10 PM

$190

Bidder #25

9/19/2013 4:38:21 PM

$175

Bidder #21

9/19/2013 4:37:20 PM

$150

Bidder #25

9/19/2013 4:37:40 PM

$125


View 34 earlier bids...