Server Time (CDT): Mar. 29, 2:32:39a

WY-1708-128

Fremont 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 3:14 PM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

WY-1708-128

Acres:

600.00

Time Remaining:

Auction has ended

Start Time:

9/21/2017 12:14 PM MDT / 1:14 PM CDT

End Time:

9/21/2017 2:14 PM MDT / 3:14 PM CDT

Your Bid:

-

Highest Bid:

$4/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$3,496
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-1708-128

County, State

Fremont, WY

Legal Description

T.0270N, R.0910W, 06th PM, WY
Sec. 003 S2NW,SW,W2SE,SESE;
Sec. 004 S2NE,SE;

Acres

600.00

Rental (1st Year)

$900.00

Royalty

12.50%

Administrative Fee

$160.00

Comments

FOUND SOLDIER UNIT

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:
  • Special Lease Notice: This parcel contains known sites of traditional religious and cultural importance to Native American Tribes. Prior to approval of an Application for Permit to Drill (APD) or other authorizations allowing surface-disturbing activities on the lease, the BLM will require compliance with all applicable requirements of the National Historic Preservation Act, Archaeological Resources Protection Act, American Indian Religious Freedom Act, Native American Graves Protection and Repatriation Act, Executive Order 13007 (Indian Sacred Sites), and Executive Order 13175 (Consultation and Coordination with Indian Tribal Governments) which may include tribal consultation with Native American Tribes at the proponent's expense.
  • 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) Within designated ACECs T.0270N, R.0910W, 06th PM, WY Sec. 003 S2NW,SW,W2SE,SESE; 004 S2NE,N2SE; (2) for purposes of protecting the relevant and important ACEC values.
  • NSO (1) To protect wildlife parturition areas and viewshed, mineral management of 7,383 acres south of Green Mountain (see Map 11) are open to oil and gas leasing subject to NSO stipulations.
  • NSO (1) Or use is allowed on slopes greater than 25 percent as mapped on the Lander Field Office GIS database; (2) protecting areas containing slopes greater than 25 percent.
  • TLS (1) Surface disturbing and disruptiveactivities within big game parturition areas are prohibited May 1 to June 30; (2) asmapped on the Lander Field Office database; (3) protecting big game during parturition.
  • TLS (1) Surface-disturbing and disruptiveactivities are restricted or prohibited within 0.25 mile of identified mountain plover habitat Apr 10 to Jul 10; (2) as mapped on the Lander GIS database; (3) for the protection of mountain plover nesting habitat.
  • CSU (1) Surface occupancy or use will be restricted in areas identified as limited reclamation potential soils; (2) as mapped on the Lander Field Office GIS database; (3) for the protection of sensitive soil resources.
  • CSU (1) Surface occupancy or use will be restricted on slopes between 15 and 24 percent; (2) as mapped on the Lander Field Office GIS database; (3) to protect areas containing slopes between 15 and 24 percent.
  • CSU (1) Surface occupancy or use is restricted within designated VRM Class I and II areas; as mapped on the Lander Field Office GIS database; (2) for the protection of VRM Class I and II areas.

OFFSET ACTIVITY

Drilling Permits from the last Fremont 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 #75

9/21/2017 3:12:31 PM

$4

Bidder #3

9/21/2017 3:13:57 PM

$3

Bidder #75

9/21/2017 3:12:31 PM

$2