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Parcel #130

Carbon County, WY
Wyoming Office of State Lands and Investments, July 17, 2019

AUCTION NOT YET STARTED

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

Parcel:

Parcel #130

Gross Acres:

80.00

Net Acres:

80.00

Time Remaining:

31D 11H 10M 59S

Start Time:

7/10/2019 1:18 PM CDT / 12:18 PM MDT

End Time:

7/17/2019 1:18 PM CDT / 12:18 PM MDT

Your Bid:

-

Highest Bid:

-

Starting Bid:

$1/acre

Bid Increment:

$1

Total Lease Cost at Starting Bid:

$221.20
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)

Legal Description:

Parcel Details

Parcel No.

Parcel #130

County, State

Carbon, WY

Legal Description

T13N, R89W
Sec. 9: N2SW

Gross Acres

80.00

Net Acres

80.00

Stipulation

1, 5, 117, 136, 145

Royalty Rate

16.67%

Rental/Acre (Per Year)

$1.00

WY Application Fee

$50.00

WY Advertising Fee

$9.60

Lease Terms and Conditions

The Wyoming Board of Land Commissioners may deny an oil and gas lease to any person or legal entity which has failed to comply with any rules of the Board or any terms and conditions of any lease or other agreement with the Board.

On lands in which the State owns less than the entire interest in the oil and gas estate, a lease will be issued by the Board covering the State's interest independent of the other co-owners.

The Wyoming Board of Land Commissioners may, without prior notice, withdraw specific lands from leasing for oil and gas when it appears reasonably necessary to protect the economic or environmental interests of the State's trust beneficiaries.

All leases resulting from winning bids will be issued on the lease form currently in effect as approved by the Wyoming Board of Land Commissioners as lessor; will be issued for a primary term of five (5) years; will be charged advance rental of $1.00 per acre per year; and, will be subject to a royalty rate of 16.67% of the total consideration received for state production.

There is no assurance that there is any potential for production on any tract offered for leasing by the Wyoming Board of Land Commissioners.

Lease Stipulations

The Wyoming Board of Land Commissioners may condition the issuance of any oil and gas lease upon specific stipulations for the protection of the public, the environment, the waters of the State, historical, archeological or paleontological materials, the wildlife resources, or any of the subsurface or surface resources of the State. Summary of stipulations can be found on the attached Standard Stipulation guide.

Successful Bidder Notification

After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.

Payment must be made within two business days.

Buyer Premium

A 2% Buyer Premium, calculated as 2% of the total bonus, will be added to the cost of this lease.

Wyoming Office of State Lands and Investments Points of Contact

Mineral Leasing Supervisor
Tate Smith

Email
tate.smith@wyo.gov

Office
(307) 777-6635


Senior Lands Management Specialist
Cheri Frank

Email
cheri.frank@wyo.gov

Office
(307) 777-6547

EnergyNet Points of Contact

VP, Government Resources
Gus Rivero

Email
Gus.Rivero@energynet.com

Office
(806) 463-3616


Managing Director, Government Resources
Brandon Savage

Email
Brandon.Savage@energynet.com

Office
(806) 463-3621


Transaction Manager
Heather Fugger

Email
Heather.Fugger@energynet.com

Office
(806) 463-3619


Junior Strategic Analyst
Anastasia Rademaekers

Email
Anastasia.Rademaekers@energynet.com

Office
(806) 463-3635