Server Time (CDT): Mar. 28, 9:10:10a

Leasing Unit No. 141

Juab County, UT
Utah SITLA - Gemstone / Fossil

SOLD

Registration Status:

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Your Bid Status:

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Lease:

Leasing Unit No. 141

Gross Acres:

120.00

Net Acres:

120.00

Time Remaining:

Auction has ended

Start Time:

7/1/2016 4:00 PM MDT / 5:00 PM CDT

End Time:

7/22/2016 4:00 PM MDT / 5:00 PM CDT

Minimum Bid:

$10 per acre

Total Lease Cost at Minimum Bid:

$1,254
(Bonus + Agency Fees + Buyer Premium)

Legal Description:

Lease Details

Lease Name

Utah Leasing Unit No. 141

County, State

Juab, UT

Legal Description

T11S, R12W, SLB&M
Sec. 2: Lot 8(40.00), SE¼NE¼, NE¼SE¼ [Lot aka NE¼NE¼]

Gross Acres

120.00

Net Acres

120.00

Royalty

Greater of 10% or $300/Ton

Lease Term

10 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.
The Applicant offers a minimum bid of $500.00 or $10.00 per acre, (fractional acres are rounded up to one full acre) which ever is greater, as well as $900.00 as an annual advanced minimum royalty payment.
Failure of funds or failure to execute a lease within 30 days of receipt shall constitute a forfeiture of the bonus bid and termination of the lease agreement.
Successful Bidder Notification
When the bids are accepted by SITLA, the successful bidder will be notified via email with closing instructions, including total amount due.
GIS Data
GIS data in the form of 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 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 contained herein.
Contact Information
SITLA
Jerry Mansfield
Trust Lands Mineral Resource Specialist
(801) 538-5153

 
 
 
 

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

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

Brandon Savage
Asst Manager of Government Lease Sales
(806) 463-3621