AUCTION CANCELLED
Registration Status:
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Your Bid Status:
You have not bid on this lot
Parcel:
WY-181Q-020
Acres:
726.14
Time Remaining:
Auction has ended
Start Time:
3/21/2018 8:08 AM MDT / 9:08 AM CDT
End Time:
3/21/2018 9:08 AM MDT / 10:08 AM CDT
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Starting Bid:
$2,726.31
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
T.0260N, R.0640W, 06th PM, WY
Sec. 012 NENE,S2NE,SENW,S2;
Sec. 013 N2NE,SENE;
Sec. 014 LOTS 1,2,5,6;
Sec. 014 SWNE;
Parcel Details
Parcel
WY-181Q-020
County, State
Goshen, WY
Legal Description
T.0260N, R.0640W, 06th PM, WY
Sec. 012 NENE,S2NE,SENW,S2;
Sec. 013 N2NE,SENE;
Sec. 014 LOTS 1,2,5,6;
Sec. 014 SWNE;
Area/Project
Casper FO
Acres
726.14
Rental (1st Year)
$1,090.50
Royalty
12.50%
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.
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 - Wyoming
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