OG-15-00249 & OG-15-00250

Notice: The State of North Dakota is offering two (2) 80-acre tracts for lease. The leases offered will be 3/16th royalty rate.

T153N-R93W-16:
          OG-15-00249 T153N, R93W, Section 16: SE4 containing 80 net / 160 gross acres
          OG-15-00250 T153N, R93W, Section 16: SW4 containing 80 net / 160 gross acres

These tracts are original grant lands and are not a part of the Ordinary High Water Mark (OHWM).

Area Activity Map

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Completions for the last 365 days in Mountrail County, ND (Source: DrillingInfo)

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Drilling rigs on location in Mountrail County, ND (Source: DrillingInfo)

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Drilling permits for the last 365 days in Mountrail County, ND (Source: DrillingInfo)

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Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions

1. The tracts available for lease are sold on an as is basis, with no representations or warranties regarding the quality of title, ownership, or the accuracy and completeness of the information provided by the State;
2. The tracts available for lease are subject to the restrictions found in North Dakota Century Code (NDCC) Chapter 15-05, Leasing Coal, Oil, Gas, and Other Rights (www.legis.nd.gov/cencode/t15c05.pdf) and Administrative Rule Chapter 85-06-09 (www.land.nd.gov). Sample lease forms are available at www.land.nd.gov.
3. The burden of due diligence is the bidder's responsibility prior to any auction;
4. The lease execution date of all State leases is the effective date of auction as designated in the transactional documents; and
5. The successful bidder must make payment by wire transfer or automated clearing house (ACH) for all bonus, rental, and bidder's premium owed to the State within 7 days. The State will accept payment from only one bidder per tract; however, a bidder may make multiple payments in one wire or ACH, provided the bidder indicates which tracts are involved in the payment.