Server Time (CDT): Mar. 28, 6:02:09p

Parcel ID: 7015
Serial #: COC78330

Routt 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 1:22 PM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

Parcel ID: 7015
Serial #: COC78330

Acres:

680.00

Time Remaining:

Auction has ended

Start Time:

6/8/2017 10:22 AM MDT / 11:22 AM CDT

End Time:

6/8/2017 12:22 PM MDT / 1:22 PM CDT

Your Bid:

-

Highest Bid:

$2/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$2,560.40
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

Parcel ID: 7015/Serial #: COC78330

County, State

Routt, CO

Legal Description

T.0040N., R.0870W., 6TH PM
Section 20: SESE;
Section 26: ALL;

Acres

680.00

Rental (1st Year)

$1,020.00

Royalty

12.50%

Administrative Fee

$160.00

Comments

PVT/BLM; CON: LSFO

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-29 to alert lessees of paleontological inventory requirements.

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 LS-NSO-105 to protect perennial water sources:

T.0040N., R.0870W., 6TH PM
Section 26: E2,S2SW;

All lands are subject to Exhibit LS-CSU-107 to protect Medium priority sagebrush habitat.

The following lands are subject to Exhibit LS-CSU-110 to protect fragile soils:

T.0040N., R.0870W., 6TH PM
Section 20: SESE;
Section 26: NE,N2NW,SWNW,W2SW,SESW,W2SE,SESE;

All lands are subject to Exhibit LS-CSU-111 to protect steep slopes.

All lands are subject to Exhibit LS-TL-104 to protect Columbian sharp-tailed grouse crucial winter habitat will be closed from December 16 to March 15.

The following lands are subject to Exhibit LS-TL-112 to protect Columbian sharp-tailed grouse nesting habitat will be closed to surface disturbing activities from March 1 to June 30:

T.0040N., R.0870W., 6TH PM
Section 20: SESE;
Section 26: NENE;

The following lands are subject to Exhibit LS-TL-115 to protect Elk calving areas will be closed to surface disturbing activities from April 16 to June 30:

T.0040N., R.0870W., 6TH PM
Section 20: NE;

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 #17

6/8/2017 11:23:27 AM

$2