Tract No. 29
Weld County, CO
Colorado State Land Board Lease Sale, August 17, 2017
SOLD
SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
Tract No. 29
Gross Acres:
40.00
Net Acres:
40.00
Time Remaining:
Auction has ended
Start Time:
8/10/2017 9:56 AM MDT / 10:56 AM CDT
End Time:
8/17/2017 9:56 AM MDT / 10:56 AM CDT
Your Bid:
-
Highest Bid:
$10,001/acre
Starting Bid:
$0/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$408,242.80
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T6N, R66W, 6th PM
Sec. 16: NENE
Tract Details
Tract No.
Tract No. 29
County, State
Weld, CO
Legal Description
T6N, R66W, 6th PM
Sec. 16: NENE
Gross Acres
40.00
Net Acres
40.00
State Owns Surface
No
Royalty Rate
1/5th
Rental/Acre (Per Year)
$2.50
CO Application Fee
$100.00
Buyer Premium
2.00%
Additional Information
TERMS
Purchase price includes the lease bonus and 1st year rental and buyer's premium. Buyer will be responsible for paying rental payments for years 2 through 5.
Data represented on these maps is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither Colorado nor EnergyNet.com shall be liable for any direct, indirect or consequential damages to any party arising out of or in connection with the use of data on these maps.
There is no assurance that there is any potential for production on any tract offered for leasing by the State Board of Land Commissioners.
LEASE STIPULATIONS
As of the effective date of the Lease, there are no known Colorado Parks & Wildlife (CPW) mapped High Priority Habitat (HPH) and/or occurrences of Federally-listed Endangered, Threatened, or Candidate wildlife or plant species as mapped by Colorado Natural Heritage Program (CNHP), on the leased land. Lessee must notify Lessor’s District Manager prior to surface access and occupancy and in connection with any proposed oil and gas operations, including, without limitation, the submittal of a Location Assessment or an Application for Permit to Drill (APD). Lessee is encouraged to notify CPW and CNHP in connection with the required surface owner notice.
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
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 2% Buyer Premium, calculated as 2% of the total rental, will be added to the cost of this lease.
CONTACT INFORMATION
Colorado
Christel Koranda
Minerals Director
(303) 866-3454 ext 3321
Email: Christel.Koranda@state.co.us
Catie Stitt
Oil and Gas Specialist
(303) 866-3454 ext 3326
Email: Catie.Stitt@state.co.us
EnergyNet
Gus Rivero
Manager of Government Lease Sales
(806) 463-3616
Email: Gus.Rivero@energynet.com
Brandon Savage
Assistant Manager of Government Lease Sales
(806) 463-3621
Email: Brandon.Savage@energynet.com
Bid History (All)
Bidder
Placed
Amount
Bidder #10
8/17/2017 10:50:02 AM
$10,001
Bidder #8
8/17/2017 10:55:55 AM
$10,000
Bidder #10
8/17/2017 10:50:02 AM
$6,061
Bidder #36
8/17/2017 10:55:49 AM
$6,060
Bidder #10
8/17/2017 10:50:02 AM
$5,003
Bidder #22
8/17/2017 10:54:37 AM
$5,002
Bidder #10
8/17/2017 10:19:56 AM
$5,001
Bidder #36
8/17/2017 10:47:07 AM
$5,000
Bidder #10
8/17/2017 10:19:56 AM
$4,001
Bidder #36
8/17/2017 10:46:38 AM
$4,000
Bidder #10
8/17/2017 10:19:56 AM
$3,001
Bidder #36
8/17/2017 10:46:15 AM
$3,000
Bidder #10
8/17/2017 10:19:56 AM
$2,001
Bidder #36
8/17/2017 10:44:33 AM
$2,000
Bidder #10
8/17/2017 10:19:56 AM
$1,501
Bidder #36
8/17/2017 10:32:10 AM
$1,500
Bidder #10
8/17/2017 10:19:56 AM
$1,153
Bidder #36
8/17/2017 10:31:54 AM
$1,152
Bidder #10
8/17/2017 10:19:08 AM
$1,151
Bidder #9
8/17/2017 10:19:13 AM
$1,150
Bidder #10
8/17/2017 10:06:01 AM
$1,021
Bidder #9
8/17/2017 10:18:53 AM
$1,020
Bidder #10
8/17/2017 10:06:01 AM
$1,001
Bidder #14
8/16/2017 7:54:08 AM
$1,000
Bidder #10
8/17/2017 9:31:11 AM
$500
Bidder #14
8/16/2017 7:54:08 AM
$301
Bidder #10
8/17/2017 9:22:59 AM
$300
Bidder #14
8/16/2017 7:54:08 AM
$276
Bidder #26
8/17/2017 8:49 AM
$275
Bidder #14
8/16/2017 7:54:08 AM
$257
Bidder #10
8/16/2017 2:05:57 PM
$256
Bidder #14
8/16/2017 7:54:08 AM
$255
Bidder #10
8/16/2017 1:57:25 PM
$254
Bidder #14
8/16/2017 7:54:08 AM
$253
Bidder #10
8/16/2017 1:29:03 PM
$252
Bidder #14
8/16/2017 7:54:08 AM
$251
Bidder #26
8/16/2017 12:28:38 PM
$250
Bidder #14
8/16/2017 7:54:08 AM
$203
Bidder #26
8/16/2017 12:28:13 PM
$202
Bidder #14
8/16/2017 7:54:08 AM
$201
Bidder #26
8/16/2017 12:00:11 PM
$200
Bidder #14
8/16/2017 7:54:08 AM
$151
Bidder #26
8/16/2017 11:59:58 AM
$150
Bidder #14
8/16/2017 7:54:08 AM
$102
Bidder #26
8/16/2017 11:59:07 AM
$101
Bidder #14
8/16/2017 7:54:08 AM
$76
Bidder #26
8/16/2017 11:58:55 AM
$75
Bidder #14
8/16/2017 7:54:08 AM
$51
Bidder #26
8/16/2017 11:58:41 AM
$50
Bidder #14
8/16/2017 7:54:08 AM
$26
Bidder #26
8/16/2017 11:58:26 AM
$25
Bidder #14
8/16/2017 7:54:08 AM
$6
Bidder #26
8/16/2017 11:58:16 AM
$5
Bidder #14
8/16/2017 7:54:08 AM
$2
Bidder #26
8/16/2017 11:58:05 AM
$1
Bidder #14
8/16/2017 7:54:08 AM
$0
