Server Time (CDT): Mar. 28, 2:57:00p

WY-1708-071

Converse County, WY
BLM Wyoming Federal Lease Sale, September 21, 2017

SOLD

Property Schedule

Due Diligence Began 6/2/2017
Bidding Started 9/21/2017
Bidding Ended 9/21/2017 1:20 PM

Registration Status:

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Your Bid Status:

You have not bid on this lot

Parcel:

WY-1708-071

Acres:

2,429.27

Time Remaining:

Auction has ended

Start Time:

9/21/2017 10:20 AM MDT / 11:20 AM CDT

End Time:

9/21/2017 12:20 PM MDT / 1:20 PM CDT

Your Bid:

-

Highest Bid:

$820/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$2,026,294
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-1708-071

County, State

Converse, WY

Legal Description

T.0350N, R.0740W, 06th PM, WY
Sec. 021 LOTS 1-5,7,8;
Sec. 022 LOTS 1-6,8;
Sec. 023 LOTS 1-8;
Sec. 024 LOTS 1-7;
Sec. 025 LOTS 2-4,6-9,14,15;
Sec. 025 SWNW;
Sec. 026 LOTS 1-4;
Sec. 027 LOTS 1,2,7,8;
Sec. 028 LOTS 1-10,12-15;

Acres

2,429.27

Rental (1st Year)

$3,645.00

Royalty

12.50%

Administrative Fee

$160.00

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).

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:
  • Lease Notice No. 1
  • Lease Notice No. 2
  • Lease Notice No. 3
  • Lease Stipulation No. 1
  • Lease Stipulation No. 2
  • Lease Stipulation No. 3
  • NSO (1) As mapped on the Casper Field Office GIS database; (2) to protect occupied Greater Sage-grouse leks and associated seasonalhabitat, life-history, or behavioral needs of Greater Sage-grouse in proximity to leks from habitat fragmentation and loss, and protect Greater Sage-grouse populations from disturbance within a 0.25-mile radius of the perimeter of occupied Greater Sage-Grouse leks outside designated Priority Habitat Management Areas (Core and Connectivity).
  • TLS (1) Feb 1 to Jul 31; (2) as mapped onthe Casper Field Office GIS database; (3) protecting nesting Raptors.
  • TLS (1) Mar 15 to Jul 14; (2) as mapped on the Casper Field Office GIS database; (3) no surface use to seasonally protect Greater Sage-grouse breeding, nesting and early brood-rearing habitats outside designated Priority Habitat Management Areas (Core and Connectivity), within 2 miles of an occupied lek.
  • CSU (1) Surface occupancy or use within 3 miles or visual horizon of the historic trail, whichever is closer, may be restricted orprohibited unless the operator and surface managing agency arrive at an acceptable plan for mitigation of anticipated impacts; (2) as mapped on the Casper Field Office GIS database; (3) protecting cultural and scenic values of the Bozeman Trail.

OFFSET ACTIVITY

Completions from the last 365 days in Converse County, Wyoming

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Drilling Permits from the last Converse County, Wyoming

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Drilling Rigs on location in Converse County, Wyoming

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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


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 #48

9/21/2017 1:19:02 PM

$820

Bidder #33

9/21/2017 1:20 PM

$819

Bidder #48

9/21/2017 1:19:02 PM

$729

Bidder #33

9/21/2017 1:19:49 PM

$728

Bidder #48

9/21/2017 1:19:02 PM

$638

Bidder #33

9/21/2017 1:19:38 PM

$637

Bidder #48

9/21/2017 1:19:02 PM

$606

Bidder #71

9/21/2017 1:18:37 PM

$605

Bidder #33

9/21/2017 1:18:55 PM

$303

Bidder #71

9/21/2017 1:18:37 PM

$290


View 20 earlier bids...