SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG1800157
Gross Acres:
34.41
Net Acres:
17.21
Time Remaining:
Auction has ended
Start Time:
4/24/2018 12:28 PM CDT
End Time:
5/1/2018 12:28 PM CDT
Your Bid:
-
Highest Bid:
$805/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$14,227.18
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T158N, R91W
Sec. 18: LOT 1
Tract Details
Lease No.
OG1800157
County, State
Mountrail, ND
Legal Description
T158N, R91W
Sec. 18: LOT 1
Gross Acres
34.41
Net Acres
17.21
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$86.05
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Additional Information
IMPORTANT NOTICES PERTAINING TO
NORTH DAKOTA DEPARTMENT OF TRUST LAND LEASE AUCTIONS
OFFSET ACTIVITY
Completions from the last 365 days in Mountrail County, North Dakota
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Drilling Permits from the last 365 days in Mountrail County, North Dakota
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Drilling Rigs on location in Mountrail 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
Allie Bement
Land Professional
(701) 328-1952
Email: abement@nd.gov
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
Heather Fugger
Government Lease Sales Analyst
(806) 463-3619
Email: Heather.Fugger@energynet.com
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #15
5/1/2018 9:53:30 AM
$805
Bidder #20
5/1/2018 12:27:40 PM
$804
Bidder #15
5/1/2018 9:53:30 AM
$803
Bidder #20
5/1/2018 12:27:27 PM
$802
Bidder #15
5/1/2018 9:53:30 AM
$801
Bidder #20
5/1/2018 12:27:23 PM
$800
Bidder #15
5/1/2018 9:53:30 AM
$701
Bidder #20
5/1/2018 12:27:08 PM
$700
Bidder #15
5/1/2018 9:53:30 AM
$601
Bidder #20
5/1/2018 12:27:02 PM
$600