Server Time (CDT): Mar. 28, 12:06:39p

No. 22

Moffat County, CO
Colorado State Lease Auction

AUCTION CANCELLED

Property Schedule

Due Diligence Began 7/21/2014
Bidding Started 8/14/2014
Bidding Ended 8/21/2014 10:45 AM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Tract:

No. 22

Gross Acres:

640.00

Net Acres:

640.00

Time Remaining:

Auction has ended

Start Time:

8/14/2014 9:45 AM MDT / 10:45 AM CDT

End Time:

8/21/2014 9:45 AM MDT / 10:45 AM CDT

Your Bid:

-

Highest Bid:

-

Starting Bid:

$100/acre

Bid Increment:

$1

Total Cost at Starting Bid:

$66,932
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)

Legal Description:

Tract Details

Tract No.

No. 22

County, State

Moffat, CO

Legal Description

T9N, R93W, 6th PM
Sec. 36: ALL

Gross Acres

640.00

Net Acres

640.00

State Owns Surface

No

Royalty Rate

1/6

Rental/Acre (Per Year)

$2.50

CO Application Fee

$20.00

Buyer Premium

2.00%

Additional Information

Purchase price includes the lease bonus and 1st year rental and buyer's premium. Buyer will be responsible for paying rental payments for years 2 through 5.
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.

Moffat County, Colorado, Drilling Permits from the last 180 days. Source: DrillingInfo.

Drilling Rigs on Location in Moffat County, Colorado. Source: DrillingInfo.

Lease Stipulation
A) This lease shall have No Surface Occupancy (NSO) except for E2SE. B) Lessor requests that sites be accessed from the southeast using CR 154. C) This lease is subject to Seasonal Timing Restrictions of (1) no construction, drilling or completion activities between December 1st and June 30th, and (2) production activities are limited to the period between 10:00am and 3:00pm between December 1st and April 15th. D) Lease contains Colorado Parks & Wildlife (CPW) mapped High Priority Habitat (HPH) and/or occurrences of Federally-listed Endangered, Threatened, or Candidate wildlife or plant species as mapped by Colorado Natural Heritage Program (CNHP). Prior to surface access for operations and in connection with any Location Assessment for oil and gas operations, or the submittal of an Application for Permit to Drill (APD) with the Colorado Oil and Gas Conservation Commission (OGCC), Lessee shall consult with and obtain approval of the Lessor’s District Manager, or his designee, for operations, including without limitation, exploration activities, well siting and access, and facilities locations. In connection therewith, Lessee shall consult with CPW and CNHP representatives regarding appropriate design measures and best management practices (BMPs) to avoid and minimize adverse impacts to biological resources, species, and habitats. Lessor’s conservation mandate may require Lessee’s compliance with site specific measures to address CPW and CNHP concerns relating to the siting of facilities and the implementation of BMPs to avoid, minimize, and mitigate adverse impacts. Site specific requirements may include, but are not limited to: 1) restricted or prohibited surface occupancy, 2) noise limitations or mitigation measures, 3) seasonal operations restrictions, 4) biological resource mapping, 5) ground or surface water testing, 6) air quality testing and 7) adoption of a comprehensive soil management plan. Lessor does not waive any OGCC consultation requirements with the surface owner, and Lessee shall not seek a variance to any required consultation without the advance written approval of the Lessor. Without excluding other penalties or remedies available under this Lease or as provided by law, Lessor shall impose penalties, subject to the applicable Lease notice and cure rights, including Lease cancellation and fines of up to $10,000 per day, for any violation of this special stipulation or the resulting BMPs, in whole or in part, arising directly or indirectly from the use, occupation or control of the Leased Premises by Lessee, Lessee’s contractor or operator under this Lease. If Lessor determines any oil and gas operations pose a risk of immediate damage to public health, safety or welfare Lessor may order the immediate suspension of operations to investigate and remedy the issues.

GIS Data
GIS data in the form a shapefile is available for this lease sale for use in GIS software. Click here to download. Mercator projection using the WSG84 datum with an SRID of 3857. Please be advised that the information contained herein 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 contained herein.