SOLD
Registration Status:
Please log in as a buyer to view registration status.
Your Bid Status:
You have not bid on this lot
Tract:
OG1700278
Gross Acres:
80.00
Net Acres:
40.00
Time Remaining:
Auction has ended
Start Time:
4/25/2017 9:20 AM CDT
End Time:
5/2/2017 9:20 AM CDT
Your Bid:
-
Highest Bid:
$982/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$40,275.60
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T159N, R92W
Sec. 25: S2NE4
Tract Details
Lease No.
OG1700278
County, State
Burke, ND
Legal Description
T159N, R92W
Sec. 25: S2NE4
Gross Acres
80.00
Net Acres
40.00
Royalty Rate
1/6th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$200.00
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Additional Information
IMPORTANT NOTICES PERTAINING TO
NORTH DAKOTA DEPARTMENT OF TRUST LAND LEASE AUCTIONS
OFFSET ACTIVITY
Completions from the last 365 days in Burke County, North Dakota
Drilling Permits from the last 365 days in Burke County, North Dakota
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
Bid History (All)
Bidder
Placed
Amount
Bidder #18
5/2/2017 9:19:41 AM
$982
Bidder #31
5/2/2017 9:20 AM
$981
Bidder #18
5/1/2017 12:05:31 PM
$980
Bidder #30
5/1/2017 11:21:27 PM
$979
Bidder #18
5/1/2017 12:05:31 PM
$879
Bidder #30
5/1/2017 11:20:57 PM
$878
Bidder #18
5/1/2017 12:05:31 PM
$789
Bidder #30
5/1/2017 11:20:19 PM
$788
Bidder #18
5/1/2017 12:05:31 PM
$707
Bidder #30
5/1/2017 6:31:29 PM
$706
Bidder #18
5/1/2017 12:05:31 PM
$637
Bidder #30
5/1/2017 6:31:17 PM
$636
Bidder #18
5/1/2017 12:05:31 PM
$605
Bidder #30
5/1/2017 6:31:06 PM
$604
Bidder #18
5/1/2017 12:05:31 PM
$577
Bidder #30
5/1/2017 6:30:55 PM
$576
Bidder #18
5/1/2017 12:05:31 PM
$503
Bidder #30
5/1/2017 5:37:40 PM
$502
Bidder #18
5/1/2017 12:05:31 PM
$487
Bidder #30
5/1/2017 5:37:14 PM
$486
Bidder #18
5/1/2017 12:05:31 PM
$440
Bidder #30
5/1/2017 5:36:48 PM
$439
Bidder #18
5/1/2017 12:05:31 PM
$390
Bidder #30
5/1/2017 5:36:28 PM
$389
Bidder #18
5/1/2017 12:05:31 PM
$300
Bidder #30
5/1/2017 5:35:49 PM
$299
Bidder #18
5/1/2017 12:05:31 PM
$230
Bidder #30
5/1/2017 5:34:51 PM
$229
Bidder #18
5/1/2017 12:05:31 PM
$160
Bidder #30
5/1/2017 5:34:43 PM
$159
Bidder #18
5/1/2017 12:05:31 PM
$101
Bidder #30
5/1/2017 5:34:32 PM
$100
Bidder #18
5/1/2017 12:05:31 PM
$52
Bidder #30
5/1/2017 5:34:18 PM
$51
Bidder #18
5/1/2017 12:05:31 PM
$50
Bidder #30
5/1/2017 11:54:57 AM
$49
Bidder #9
4/28/2017 4:39:14 PM
$20
Bidder #30
4/27/2017 9:52:40 AM
$3
Bidder #9
4/26/2017 5:35:47 PM
$2