SOLD
Registration Status:
Please log in as a buyer to view registration status.
Your Bid Status:
You have not bid on this lot
Tract:
Tract No. 33
TRMS1223
Gross Acres:
640.00
Net Acres:
640.00
Time Remaining:
Auction has ended
Start Time:
11/9/2017 10:04 AM MST / 11:04 AM CST
End Time:
11/16/2017 10:04 AM MST / 11:04 AM CST
Your Bid:
-
Highest Bid:
$2/acre
Starting Bid:
$0/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$3,037.60
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T5N, R78W 6th PM
Sec. 16: ALL
Tract Details
Tract No.
Tract No. 33
TRMS1223
County, State
Jackson, CO
Legal Description
T5N, R78W 6th PM
Sec. 16: ALL
Gross Acres
640.00
Net Acres
640.00
State Owns Surface
No
Royalty Rate
1/5
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
Lease contains 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). Lessee must notify Lessorâs District Manager prior to surface access and proposed surface 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.
SUCCESSFUL BIDDER NOTIFICATION
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
Payment must be made within two business days.
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 (Top 10)
Bidder
Placed
Amount
Bidder #22
11/16/2017 11:03:15 AM
$2
Bidder #18
11/16/2017 11:03:52 AM
$1
Bidder #22
11/16/2017 11:03:15 AM
$0