Server Time (CDT): Mar. 29, 9:44:42a

Parcel ID: 7912
Serial #: COC78540

Weld County, CO
BLM Colorado Federal Lease Sale, September 7, 2017

SOLD

Property Schedule

Due Diligence Began 6/14/2017
Bidding Started 9/7/2017
Bidding Ended 9/7/2017 12:18 PM

Registration Status:

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Your Bid Status:

You have not bid on this lot

Parcel:

Parcel ID: 7912
Serial #: COC78540

Acres:

3.808

Time Remaining:

Auction has ended

Start Time:

9/7/2017 9:18 AM MDT / 10:18 AM CDT

End Time:

9/7/2017 11:18 AM MDT / 12:18 PM CDT

Your Bid:

-

Highest Bid:

$2/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$174.12
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

Parcel ID: 7912/Serial #: COC78540

County, State

Weld, CO

Legal Description

T.0030N., R.0610W., 6TH PM
Section 2: LOT 2 EXCL COD013729;

Acres

3.808

Rental (1st Year)

$6.00

Royalty

12.5%

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 PARCEL IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

All lands are subject to Exhibit CO-03 to protect raptor nests

All lands are subject to Exhibit CO-04 to protect bald eagle roosts or nests

All lands are subject to Exhibit CO-07 to protect waterfowl and shorebird habitat and rookeries

All lands are subject to Exhibit CO-09 to protect big game (mule deer, elk, pronghorn antelope, and bighorn sheep) winter range

All lands are subject to Exhibit CO-17 to protect white pelican nesting and feeding habitat

All lands are subject to Exhibit CO-18 to protect raptor nesting and fledgling habitat

All lands are subject to Exhibit CO-19 to protect ferruginous hawk nesting and fledgling habitat

All lands are subject to Exhibit CO-23 to protect bald eagle winter roost sites

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

All lands are subject to Exhibit NE-02 to protect riparian and wildlife values and resources near reservoirs and rivers

BLM; CORM: RGFO

OFFSET ACTIVITY

Completions from the last 365 days in Weld County, Colorado

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

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Drilling Rigs on location in Weld 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
(832) 403-3122
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 #20

9/7/2017 11:24:55 AM

$2