Server Time (CDT): Mar. 28, 3:26:03a

No. 20

Lincoln County, CO
Colorado State Lease Auction

SOLD

Property Schedule

Due Diligence Began 1/1/2001
Bidding Started 11/12/2015
Bidding Ended 11/19/2015 3:05 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. 20

Gross Acres:

320.00

Net Acres:

320.00

Time Remaining:

Auction has ended

Start Time:

11/12/2015 2:05 PM MST / 3:05 PM CST

End Time:

11/19/2015 2:05 PM MST / 3:05 PM CST

Your Bid:

-

Highest Bid:

$52/acre

Starting Bid:

$0/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$17,808.80
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)

Legal Description:

Tract Details

Tract No.

No. 20

County, State

Lincoln, CO

Legal Description

T10S, R56W, 6th PM
Sec. 26: S2

Gross Acres

320.00

Net Acres

320.00

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.
Drilling Permits from the last 365 days in Lincoln County, Colorado
source: www.drillinginfo.com

Drilling Rigs on Location in Lincoln County, Colorado
source: www.drillinginfo.com

Completions from the last 365 days in Lincoln County, Colorado
source: www.drillinginfo.com
Lease Stipulation
As of the effective date of the Lease, there are no known Colorado Parks and 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), on the leased land. 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. Click here to download.
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.
Contact Information
Colorado
Christel Koranda
Oil and Gas Leasing Manager
(303) 866-3454 ext 3321






EnergyNet
John S. Munroe
VP of Engineering / Government Lease Sales
(832) 403-3122

Gus Rivero
Manager of Government Lease Sales
(806) 463-3616

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #14

11/19/2015 3:00:37 PM

$52

Bidder #21

11/19/2015 3:04:57 PM

$51

Bidder #14

11/19/2015 1:48:38 PM

$37

Bidder #24

11/19/2015 1:50:22 PM

$36

Bidder #14

11/19/2015 8:05:58 AM

$32

Bidder #24

11/19/2015 1:47:28 PM

$31

Bidder #14

11/19/2015 8:05:58 AM

$28

Bidder #24

11/19/2015 12:34:06 PM

$27

Bidder #14

11/19/2015 8:05:58 AM

$26

Bidder #24

11/19/2015 12:32:44 PM

$25


View 11 earlier bids...