Server Time (CDT): Mar. 28, 5:37:36a

03-19-59
MTM 105431-RW

Custer County, MT
BLM Montana and South Dakota Federal Lease Sale, March 25 through 27, 2019

AUCTION CANCELLED

Property Schedule

Due Diligence Began 2/1/2019
Bidding Started 3/25/2019
Bidding Ended 3/25/2019 11:51 AM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

03-19-59
MTM 105431-RW

Acres:

454.08

Time Remaining:

Auction has ended

Start Time:

3/25/2019 9:51 AM MDT / 10:51 AM CDT

End Time:

3/25/2019 10:51 AM MDT / 11:51 AM CDT

Your Bid:

-

Highest Bid:

-

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Starting Bid:

$1,771.15
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

03-19-59
MTM 105431-RW

County, State

Custer, MT

Legal Description

T. 4 N, R. 50 E, PMM, MT
SEC. 4 LOTS 1-4,6-10;
SEC. 4 N1/2SE1/4, SE1/4SE1/4;

Area/Project

Miles City FO

Acres

454.08

Rental (1st Year)

$682.50

Royalty

12.50%

Administrative Fee

$165.00

Comments

PD

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.

NOTICE TO LESSEE Provisions of the Mineral Leasing Act (MLA) of 1920, as amended by the Federal Coal Leasing Amendments Act of 1976, affect an entity's qualifications to obtain an oil and gas lease. Section 2(a)(2)(A) of the MLA, 30 U.S.C. 201(a)(2)(A), requires that any entity that holds and has held a Federal coal lease for 10 years beginning on or after August 4, 1976, and who is not producing coal in commercial quantities from each such lease, cannot qualify for the issuance of any other lease granted under the MLA. Compliance by coal lessees with Section 2(a)(2)(A) is explained in 43 CFR 3472. In accordance with the terms of this oil and gas lease with respect to compliance by the initial lessee with qualifications concerning Federal coal lease holdings, all assignees and transferees are hereby notified that this oil and gas lease is subject to cancellation if: (1) the initial lessee as assignor or as transferor has falsely certified compliance with Section 2(a)(2)(A) or (2) because of a denial or disapproval by a State Office of a pending coal action, i.e., arms-length assignment, relinquishment, or logical mining unit, the initial lessee as assignor or as transferor is no longer in compliance with Section 2(a)(2)(A). The assignee or transferee does not qualify as a bona fide purchaser and, thus, has no rights to bona fide purchaser protection in the event of cancellation of this lease due to noncompliance with Section 2(a)(2)(A). Information regarding assignor or transferor compliance with Section 2(a)(2)(A) is contained in the lease case file as well as in other Bureau of Land Management records available through the State Office issuing this lease.

THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

  • CR 16-1 (ALL LANDS)
  • CSU 12-23 (ALL LANDS)
  • CSU 12-24 (ALL LANDS)
  • CSU 12-26
    • SEC. 4 LOTS 8,9;
  • CSU 12-29
    • SEC. 4 LOT 1;
    • SEC. 4 SE1/4SE1/4;
  • CSU 12-30
    • SEC. 4 E1/2SE1/4;
  • LN 14-11 (ALL LANDS)
  • LN 14-18 (ALL LANDS)
  • LN 14-19 (ALL LANDS)
  • LN 14-20 (ALL LANDS)
  • LN 14-21 (ALL LANDS)
  • LN 14-23 (ALL LANDS)
  • LN 14-30 (ALL LANDS)
  • LN 14-37 (ALL LANDS)
  • NSO 11-70
    • SEC. 4 LOTS 1,3,7-10;
    • SEC. 4 N1/2SE1/4, SE1/4SE1/4;
  • STD 16-3 (ALL LANDS)
  • TES 16-2 (ALL LANDS)

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 Montana Contact Information

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