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ES-006

Natchitoches/Winn Parishes
BLM Eastern States Federal Lease Sale, December 14, 2017

SOLD

Property Schedule

Due Diligence Began 9/13/2017
Bidding Started 12/14/2017
Bidding Ended 12/14/2017 10:10 AM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

ES-006

Acres:

325.03

Time Remaining:

Auction has ended

Start Time:

12/14/2017 8:10 AM EST / 7:10 AM CST

End Time:

12/14/2017 11:10 AM EST / 10:10 AM CST

Your Bid:

-

Highest Bid:

$106/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$35,723.34
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

LAES 058317 ES-006

Parish, State

Natchitoches/Winn, LA

Legal Description

T13N, R6W, Louisiana Meridian
Sec. 1: W2

Area/Project

Kisatchie NF

Acres

325.03

Rental (1st Year)

$489.00

Royalty

12.5%

Administrative Fee

$160.00

Expression of Interest

1813

Comments

ACQ
U.S. Mineral Interest: l00%

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:

Forest Service Standard Lease Stipulations

Notice for Lands of the National Forest System Jurisdiction of USDA

Lease Stipulations: NSO #9 Saline Bayou National Scenic River

Lease Stipulations: NSO #12 Jurisdictional Wetlands

Lease Stipulations: CSU #1 Streamside Habitat Protection Zones

Lease Stipulations: CSU #3 Riparian Area Protection Zones

Lease Notices: LN #1 Threatened, Endangered, or Sensitive Species

Lease Notices: LN #2 Wetland/Floodplain

Lease Notices: LN #3 Provisions of the Mineral Leasing Act

OFFSET ACTIVITY

Drilling Permits from the last 365 days in Natchitoches and Winn Parishes, Louisiana

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Drilling Completions from the last 365 days in Natchitoches and Winn Parishes, Louisiana

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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.

On the day of the sale, you must pay at least the minimum bonus bid of $2 per acre or fraction of an acre; the first year's advance rental of $1.50 per acre or fraction of an acre; and a non-refundable administrative fee of $160, to the BLM State Office by the close of business.

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 - Eastern States

Eastern States Minerals Adjudication
(202) 912-7700
Email: blm_es_bid_form@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 #11

12/14/2017 7:48:20 AM

$106

Bidder #3

12/14/2017 10:09:56 AM

$105

Bidder #11

12/14/2017 7:22:25 AM

$2