AUCTION CANCELLED
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG1700265
Gross Acres:
160.35
Net Acres:
80.18
Time Remaining:
Auction has ended
Start Time:
4/25/2017 8:54 AM CDT
End Time:
5/2/2017 8:54 AM CDT
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Starting Bid:
$574.47
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T129N, R103W
Sec. 30: E2NW4, LOTS 1, 2
Tract Details
Lease No.
OG1700265
County, State
Bowman, ND
Legal Description
T129N, R103W
Sec. 30: E2NW4, LOTS 1, 2
Gross Acres
160.35
Net Acres
80.18
Royalty Rate
1/6th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$400.90
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Additional Information
PROVISION
S: This tract is within an area identified as essential wildlife habitat. The lessee or lessee's operator must contact the Commissioner prior to any surface activity. Operational mitigation measures to reduce impact, including timing restrictions, location adjustments and reduced or restricted surface occupancy may be required.
IMPORTANT NOTICES PERTAINING TO
NORTH DAKOTA DEPARTMENT OF TRUST LAND LEASE AUCTIONS
SUCCESSFUL BIDDER NOTIFICATION
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
BUYER PREMIUM
A 2% Buyer Premium, calculated as 2% of the total bonus, will be added to the cost of this lease.
CONTACT INFORMATION
North Dakota
Rick Owings
Land Professional
(701) 328-1948
Email: rwowings@nd.gov
Allie Bement
Land Professional
(701) 328-1952
Email: abement@nd.gov
EnergyNet
John S. Munroe
VP of Engineering / Government Lease Sales
(303) 239-3990
Email: John.Munroe@energynet.com
Gus Rivero
Manager of Government Lease Sales
(806) 463-3616
Email: Gus.Rivero@energynet.com
Brandon Savage
Asst Manager of Government Lease Sales
(806) 463-3621
Email: Brandon.Savage@energynet.com