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Table of Contents

BLM Wyoming Federal Lease Sale, March 21 and 22, 2018

WY-181Q-026

Platte County, WY
Gross Acres: 480.36; Net Acres: 480.36

Current auction status

This auction has been cancelled

Start Date/Time: 3/21/2018 9:20 AM CDT / 8:20 AM MDT

End Date/Time: 3/21/2018 10:20 AM CDT / 9:20 AM MDT

Bid info at a glance

No Bids Received

Bid Increment: $1 per acre

Locator Map

Platte, WY

Parcel Details

Parcel WY-181Q-026
County, State Platte, WY
Legal Description T.0240N, R.0660W, 06th PM, WY
Sec. 030 LOTS 1,2;
Sec. 030 E2NW;
Sec. 031 SESW;
Sec. 032 NE,NESW,SESE;
Sec. 033 NESW;
Area/Project Casper FO
Acres 480.36
Rental (1st Year) $721.50
Royalty 12.50%
Administrative Fee $160.00

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:
  • Lease Notice No. 1
  • Lease Notice No. 2
  • Lease Notice No. 3
  • Lease Stipulation No. 1
  • Lease Stipulation No. 2
  • Lease Stipulation No. 3
  • TLS (1) Feb 1 to Jul 31; (2) as mapped on the Casper Field Office GIS database; (3) protecting nesting Raptors.

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


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