SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG1700443
Gross Acres:
160.00
Net Acres:
80.00
Time Remaining:
Auction has ended
Start Time:
4/25/2017 3:18 PM CDT
End Time:
5/2/2017 3:18 PM CDT
Your Bid:
-
Highest Bid:
$462/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$38,109.20
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T158N, R99W
Sec. 16: SW4
Tract Details
Lease No.
OG1700443
County, State
Williams, ND
Legal Description
T158N, R99W
Sec. 16: SW4
Gross Acres
160.00
Net Acres
80.00
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$400.00
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 Williams County, North Dakota
Drilling Permits from the last 365 days in Williams County, North Dakota
Drilling Rigs on Location in Williams 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 #26
5/2/2017 3:17:26 PM
$462
Bidder #31
5/2/2017 3:17:55 PM
$461
Bidder #26
5/2/2017 3:17:26 PM
$453
Bidder #30
5/2/2017 3:17:43 PM
$452
Bidder #26
5/2/2017 3:17:26 PM
$408
Bidder #30
5/2/2017 3:17:06 PM
$407
Bidder #26
5/2/2017 3:01:58 PM
$300
Bidder #15
5/2/2017 3:11:21 PM
$200
Bidder #26
5/2/2017 3:01:58 PM
$181
Bidder #15
5/2/2017 2:55:25 PM
$180
Bidder #26
5/2/2017 1:44:01 PM
$150
Bidder #21
5/2/2017 1:46:55 PM
$125
Bidder #26
5/2/2017 1:44:01 PM
$111
Bidder #24
5/2/2017 1:32:09 PM
$110
Bidder #30
5/1/2017 6:07:34 PM
$89
Bidder #9
5/1/2017 12:29:23 PM
$10