AUCTION CANCELLED
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG1900594
Gross Acres:
160.00
Net Acres:
80.00
Time Remaining:
Auction has ended
Start Time:
7/30/2019 2:16 PM CDT
End Time:
8/6/2019 2:16 PM CDT
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Starting Bid:
$573.20
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T131N, R102W
Sec. 31: SE4
Tract Details
Lease No.
OG1900594
County, State
Bowman, ND
Legal Description
T131N, R102W
Sec. 31: SE4
Gross Acres
160.00
Net Acres
80.00
Royalty Rate
1/6th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$400.00
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Offset Activity
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.
North Dakota Department of Trust Lands Point of Contact
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