SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG1700724
Gross Acres:
120.00
Net Acres:
60.00
Time Remaining:
Auction has ended
Start Time:
10/31/2017 12:10 PM CDT
End Time:
11/7/2017 11:10 AM CST
Your Bid:
-
Highest Bid:
$826/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$50,861.20
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T145N, R94W
Sec. 34: NE4NW4, W2NW4
Tract Details
Lease No.
OG1700724
County, State
Dunn, ND
Legal Description
T145N, R94W
Sec. 34: NE4NW4, W2NW4
Gross Acres
120.00
Net Acres
60.00
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$300.00
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Additional Information
PROVISIONS
W: This tract is within an area identified as essential wildlife habitat, however the Department of Trust Lands does not manage the surface.
IMPORTANT NOTICES PERTAINING TO
NORTH DAKOTA DEPARTMENT OF TRUST LAND LEASE AUCTIONS
OFFSET ACTIVITY
Completions from the last 365 days in Dunn County, North Dakota
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Drilling Permits from the last 365 days in Dunn County, North Dakota
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Drilling Rigs on location in Dunn County, North Dakota
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 bonus, will be added to the cost of this lease.
CONTACT INFORMATION
North Dakota
Rick Owings
Land Professional
(701) 328-1948
Email: rwowings@nd.gov
Allie Bement
Land Professional
(701) 328-1952
Email: abement@nd.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
Assistant Manager of Government Lease Sales
(806) 463-3621
Email: Brandon.Savage@energynet.com
Bid History (All)
Bidder
Placed
Amount
Bidder #27
11/7/2017 7:26:01 AM
$826
Bidder #30
11/7/2017 9:58:54 AM
$825
Bidder #27
11/7/2017 7:26:01 AM
$797
Bidder #30
11/7/2017 9:58:19 AM
$796
Bidder #27
11/7/2017 7:26:01 AM
$765
Bidder #30
11/6/2017 4:54:29 PM
$764
Bidder #27
11/6/2017 3:58 PM
$751
Bidder #30
11/6/2017 4:54:10 PM
$662
Bidder #27
11/6/2017 3:58 PM
$561
Bidder #30
11/6/2017 4:47:55 PM
$560
Bidder #27
11/6/2017 3:58 PM
$459
Bidder #30
11/6/2017 4:47:40 PM
$458
Bidder #27
11/6/2017 3:58 PM
$357
Bidder #30
11/6/2017 4:47:23 PM
$356
Bidder #27
11/6/2017 3:58 PM
$255
Bidder #30
11/6/2017 4:47:05 PM
$254
Bidder #27
11/6/2017 3:58 PM
$153
Bidder #30
11/6/2017 4:46:48 PM
$152
Bidder #27
11/6/2017 3:58 PM
$51
Bidder #20
11/6/2017 7:29:56 AM
$50