Server Time (CDT): Mar. 28, 11:58:58p

Parcel ID: 8394
Serial #: COC79338

Rio Blanco County, CO
BLM Colorado Federal Lease Sale, December 13, 2018

SOLD

Property Schedule

Due Diligence Began 10/30/2018
Bidding Started 12/13/2018
Bidding Ended 12/13/2018 1:44 PM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

Parcel ID: 8394
Serial #: COC79338

Acres:

977.08

Time Remaining:

Auction has ended

Start Time:

12/13/2018 10:44 AM MST / 11:44 AM CST

End Time:

12/13/2018 12:44 PM MST / 1:44 PM CST

Your Bid:

-

Highest Bid:

$2/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$3,617.34
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

Parcel ID: 8394
Serial #: COC79338

County, State

Rio Blanco, CO

Legal Description

T.0020N.,R.0960W.,6TH PM
Section 1: Lot 5-8, 11, 14, 15, 20;
Section 1: Lot 21, 23, 26;
Section 1: SENE, SWNW, NWSW, E2SE;
Section 12: Lot 1, 4, 10;
Section 12: NENE, S2NE, S2;

Acres

977.08

Rental (1st Year)

$1,467.00

Royalty

12.50%

Administrative Fee

$165.00

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. See Sale Notice for stipulation details.

THIS PARCEL IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

All lands are subject to Exhibit CO-34 to alert lessee of potential habitat for a threatened, endangered, candidate, or other special status plant or animal

All lands are subject to Exhibit CO-39 to protect cultural resources

All lands are subject to Exhibit CO-56 to alert lessee of potential supplementary air analysis

The following lands are subject to Exhibit WR-NSO-11 to protect soils considered unstable and subject to slumping and mass movement:
T.0020N., R.0960W., 6TH PM
Section 1: E2SE;

All lands are subject to Exhibit WR-NSO-12 to protect soils on natural slopes greater than or equal to 50 percent.

The following lands are subject to Exhibit WR-NSO-19 to maintain the utility of nest sites associated with raptors that identified for special management status, including the physical and vegetation character of surrounding habitat for current and subsequent reproductive functions:
T.0020N., R.0960W., 6TH PM
Section 12: Lot 1, 4, 10;
Section 12: SESW, SE;

The following lands are subject to Exhibit WR-NSO-29 to protect Douglas-fir and aspen on slopes greater than 25 percent:
T.0020N., R.0960W., 6TH PM
Section 1: Lot 5;
Section 12: NENE;

All lands are subject to Exhibit WR-CSU-10 to protect soils on natural slopes greater than or equal to 35 percent but less than 50 percent.

All lands are subject to Exhibit WR-TL-14 to reduce the intensity, frequency, and extent of disturbances imposed on big game animals occupying defined winter range and winter concentration area habitats during periods when animals are physiologically or energetically challenged.

All lands are subject to Exhibit WR-TL-17 to prevent disruptions of nesting golden eagle and prairie falcon that may result in absences of adults sufficient to cause direct or indirect mortality of the eggs or young or the premature departure of young from the nest.

All lands are subject to Exhibit WR-LN-12 to protect paleontological resources.

BLM; CON: WRFO

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 $165, 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.

BLM Colorado Contact Information

Email
blm_co_leasesale@blm.gov

Phone
(303) 239-3990

EnergyNet Points of Contact

VP of Government Lease Sales
Gus Rivero

Email
Gus.Rivero@energynet.com

Office
(806) 463-3616


Manager of Government Lease Sales
Brandon Savage

Email
Brandon.Savage@energynet.com

Office
(806) 463-3621


Government Lease Sales Analyst
Heather Fugger

Email
Heather.Fugger@energynet.com

Office
(806) 463-3619

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #30

12/13/2018 1:27:25 PM

$2