Server Time (CDT): Jun. 8, 9:52:35a

Lease Unit No. 52

Grand County, UT
Utah Over the Counter Lease Sale

SOLD

Property Schedule

Due Diligence Began 10/27/2014
Bidding Started 11/18/2014
Bidding Ended 11/25/2014 2:25 PM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Lease:

Lease Unit No. 52

Gross Acres:

640.00

Net Acres:

640.00

Time Remaining:

Auction has ended

Start Time:

11/18/2014 1:25 PM MST / 2:25 PM CST

End Time:

11/25/2014 1:25 PM MST / 2:25 PM CST

Your Bid:

-

Highest Bid:

$2.50/acre

Starting Bid:

$2/acre

Bid Increment:

$0.50

Total Cost at Highest Bid:

$1,662
(Bonus + Agency Fees + Buyer Premium)

Legal Description:

T21S, R25E, SLB&M
Sec. 32: All

Lease Details

Lease Name

Lease Unit No. 52

County, State

Grand, UT

Legal Description

T21S, R25E, SLB&M
Sec. 32: All

Gross Acres

640.00

Net Acres

640.00

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.
Data represented on these maps is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither SITLA 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.

Grand County, Utah, Drilling Permits from the last 180 days. Source: DrillingInfo.

Drilling Rig on Location in Grand County, Utah. Source: DrillingInfo.

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #10

11/25/2014 2:24:57 PM

$2.50

Bidder #9

11/25/2014 10:09:14 AM

$2