SOLD
Registration Status:
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Your Bid Status:
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Tract:
OG1900898
Gross Acres:
138.08
Net Acres:
138.08
Time Remaining:
Auction has ended
Start Time:
7/31/2019 1:33 PM CDT
End Time:
8/7/2019 1:33 PM CDT
Your Bid:
-
Highest Bid:
$3,301/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$465,618.52
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T153N, R102W
Sec. 33: MISSOURI RIVER IN NE4
Update: 07/16/2019
This tract is subject to Lis Pendens recorded in Doc. 517124, McKenzie County, North Dakota on July 8, 2019.
Tract Details
Lease No.
OG1900898
County, State
McKenzie, ND
Legal Description
T153N, R102W
Sec. 33: MISSOURI RIVER IN NE4
Update: 07/16/2019
This tract is subject to Lis Pendens recorded in Doc. 517124, McKenzie County, North Dakota on July 8, 2019.
Gross Acres
138.08
Net Acres
138.08
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$690.40
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Provision
W: This tract is within an area identified as essential wildlife habitat, however the Department of Trust Lands does not manage the surface.
R: Indicates that leases will contain an addendum stipulating that no surface occupancy will be allowed.
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
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #16
8/7/2019 11:50:26 AM
$3,301
Bidder #27
8/7/2019 1:32:42 PM
$3,300
Bidder #16
8/7/2019 11:50:26 AM
$3,151
Bidder #27
8/7/2019 1:32:33 PM
$3,150
Bidder #16
8/7/2019 11:50:26 AM
$3,001
Bidder #27
8/7/2019 1:32:25 PM
$3,000
Bidder #16
8/7/2019 11:50:26 AM
$506
Bidder #50
8/7/2019 1:25:26 PM
$505
Bidder #16
8/7/2019 7:54:21 AM
$106
Bidder #28
8/7/2019 11:34 AM
$105