Server Time (CDT): Mar. 28, 5:51:21a

Parcel ID: 7815
Serial #: COC78306

Jackson County, CO
BLM Colorado Federal Lease Sale, June 8, 2017

SOLD

Property Schedule

Due Diligence Began 4/10/2017
Bidding Started 6/8/2017
Bidding Ended 6/8/2017 12:38 PM

Registration Status:

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Your Bid Status:

You have not bid on this lot

Parcel:

Parcel ID: 7815
Serial #: COC78306

Acres:

719.68

Time Remaining:

Auction has ended

Start Time:

6/8/2017 9:38 AM MDT / 10:38 AM CDT

End Time:

6/8/2017 11:38 AM MDT / 12:38 PM CDT

Your Bid:

-

Highest Bid:

$88/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$65,550.40
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

Parcel ID: 7815/Serial #: COC78306

County, State

Jackson, CO

Legal Description

T.0050N., R.0780W., 6TH PM
Section 5: W2SW;
Section 6: Lot 6, 7;
Section 6: SWNE, SENW, E2SW, NWSE;
Section 8: SWNE, NWNW, S2NW, W2SE;
Section 15: W2NW;
Section 17: SENE;

Acres

719.68

Rental (1st Year)

$1,080.00

Royalty

12.50%

Administrative Fee

$160.00

Comments

PVT/BLM; CON: KFO

Additional Information

LEASE TERMS AND CONDITIONS

All bidding and lease sale on BLM parcels listed on this website shall be subject to the statutes, administrative rules and regulations of the BLM per the authority of the Mineral Leasing Act of 1920 as amended and the Mineral Leasing Act for Acquired Lands of 1947, as amended.

A lease issued as a result of this sale will have a primary term of 10 years. It will continue beyond its primary term as long as oil or gas in paying quantities is produced on or for the benefit of the lease. Advance rental at $1.50 per acre for the first 5 years ($2 per acre after that) is due on or before the anniversary date each year until production begins. Once a lease is producing, you must pay a royalty of 12.5 percent of the value or the amount of production removed or sold from the lease. You will find other lease terms on our standard lease form (Form 3100-11, October 2008).

Q' s & A's About Oil and Gas Leasing from the BLM may be found at http://www.blm.gov/wo/st/en/prog/energy/oil_and_gas/questions_and_answers.html

LEASE STIPULATIONS

Stipulations are part of the lease and supersede any inconsistent provisions of the lease form. Some parcels are subject to surface use stipulations. They are requirements or restrictions on how you conduct operations. They become part of the lease and supersede any inconsistent provisions in the lease form. The stipulations can be found by clicking here.

THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

All lands are subject to Exhibit CO-34 to alert lessee of potential habitat for a threatened, endangered, candidate, or other special status plant or animal.

All lands are subject to Exhibit CO-39 to protect cultural resources.

All lands are subject to Exhibit CO-56 to alert lessee of potential supplementary air analysis.

The following lands are subject to Exhibit KFO-NSO-4 to protect perennial streams, water bodies, fisheries, and riparian areas:

T.0050N., R.0780W., 6TH PM
Section 5: SWSW;
Section 6: SESW,NWSE;
Section 8: W2NW,NWSE;
Section 15: NWNW;
Section 17: SENE;

The following lands are subject to Exhibit KFO-NSO-5 to protect intermittent and ephemeral streams:

T.0050N., R.0780W., 6TH PM
Section 8: SENW;

The following lands are subject to Exhibit KFO-NSO-16 to protect cultural resources:

T.0050N., R.0780W., 6TH PM
Section 8: SWNW,NWSE;
Section 17: SENE;

The following lands are subject to Exhibit KFO-CSU-1 to protect soils:

T.0050N., R.0780W., 6TH PM
Section 8: S2NW;

The following lands are subject to Exhibit KFO-CSU-3 to protect perennial streams, water bodies, fisheries, and riparian areas:

T.0050N., R.0780W., 6TH PM
Section 6: SESW,NWSE;
Section 8: W2NW,SENW;
Section 15: NWNW;
Section 17: SENE;

The following lands are subject to Exhibit KFO-CSU-4 to protect intermittent and ephemeral streams:

T.0050N., R.0780W., 6TH PM
Section 8: SENW;

The following lands are subject to Exhibit KFO-CSU-13 to protect cultural resources.

T.0050N., R.0780W., 6TH PM
Section 8: SWNW,NWSE;
Section 17: SENE;

All lands are subject to KFO-CSU-17 to protect Colorado’s scenic horizons and their social and economic significance to nearby communities, and to Colorado’s statewide economy.

All lands are subject to KFO-CSU-18 to protect the scenic quality of Colorado’s major travel thoroughfares and their significant contributions to nearby communities, and to Colorado’s Statewide economy.

The following lands are subject to KFO-CSU-22 to protect significant social and economic productivity of adjoining natural resource settings and their contribution to affected open space aesthetics (sight and sound) of adjoining public lands, property values, and associated investments.

T.0050N., R.0780W., 6TH PM
Section 5: W2SW;
Section 6: Lot 6,7;
Section 6: SWNE,SENW,NESW,NWSE;
Section 8: SWNE,NWNW,SENW,W2SE;
Section 17: SENE;

The following lands are subject to Exhibit KFO-TL-02 to protect big game production areas.

T.0050N., R.0780W., 6TH PM
Section 5: W2SW;
Section 6: Lot 6,7;
Section 6: SWNE,SENW,E2SW,NWSE;
Section 8: NWNW,SWSE;
Section 15: NWNW;
Section 17: SENE;

The following lands are subject to Exhibit KFO-TL-03 to protect big game crucial winter range.

T.0050N., R.0780W., 6TH PM
Section 5: W2SW;
Section 6: Lot 6,7;
Section 6: SWNE,SENW,E2SW,NWSE;
Section 8: SWNE,NWNW,S2NW,W2SE;
Section 15: W2NW;
Section 17: SENE;

All lands are subject to Exhibit KFO-LN-1 to protect migratory bird nesting habitat.

OFFSET ACTIVITY

Completions from the last 365 days in Jackson County, Colorado

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Drilling Permits from the last 365 days in Jackson County, Colorado

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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 1.5% Buyer Premium, calculated as 1.5% of the total bonus, will be added to the cost of this lease.


CONTACT INFORMATION


BLM - Colorado

(303) 239-3990
Email: blm_co_leasesale@blm.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 (Top 10)

Bidder

Placed

Amount

Bidder #8

6/8/2017 12:37:48 PM

$88

Bidder #4

6/8/2017 12:35:36 PM

$87