NV-2019-09-1997

White Pine County, NV
BLM Nevada Federal Lease Sale, September 10, 2019

AUCTION CANCELLED

Property Schedule

Due Diligence Began 7/12/2019
Bidding Started 9/10/2019
Bidding Ended 9/10/2019 10:14 AM
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NV-2019-09-1997
2,382.42
Auction has ended
9/10/2019 7:14 AM PDT / 9:14 AM CDT
9/10/2019 8:14 AM PDT / 10:14 AM CDT
-
-
$2/acre
$1
$8,576.99
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Parcel Details
Parcel
NV-2019-09-1997
County, State
White Pine, NV
Legal Description
NV T0160N, R0560E, MOUNT DIABLO MER
Section: 004 LOTS 3-4;
Section: 004 S2NW;
Section: 005 S2NE, S2NW, S2;
Section: 005 LOTS 1-4;
Section: 006 S2NE, SENW, E2SW, SE;
Section: 006 LOTS 1-7;
Section: 007 NE, E2NW, E2SW, SE;
Section: 007 LOTS 1-4;
Section: 008 E2.
Area/Project
Ely DO
Acres
2,382.42
Rental (1st Year)
$3,574.50
Royalty
12.50%
Administrative Fee
$165.00
Expression of Interest
NV00013455
Comments
100.00 % US Mineral Interest
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).

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:

NV-E-00-A-LN BLM Lease Notice for BLM Nevada Standard Lease Notices
NV-L-16-A-NSO BLM Lease Notice for Greater Sage Grouse (GRSG) in Priority Habitat Management Area (PHMA)
For the following lands:
NV T0160N, R0560E, MOUNT DIABLO MER Section: 004 SWNW; Section: 005 S2NE, S2NW, S2, LOTS 1-3; Section: 007 SESE; Section: 008 E2;
NV-L-16-C-TL BLM Lease Notice for Greater Sage Grouse (GRSG) Winter Habitat – General Habitat Management Area (GHMA)
For the following lands:
NV T0160N, R0560E, MOUNT DIABLO MER Section: 004 LOTS 3-4, S2NW; Section: 005 SENE, S2NW, W2SW, LOTS 1, 3, 4; Section: 006 SENE, NESE, S2SE, LOT 1; Section: 007 E2, E2SW, LOTS 3, 4; Section: 008 NE, NWSE;
NV-L-16-D-TL BLM Lease Notice for Greater Sage Grouse (GRSG) Early Brood-rearing Habitat – General Habitat Management Area (GHMA)
For the following lands:
NV T0160N, R0560E, MOUNT DIABLO MER Section: 005 SENW, W2SW, LOT 3; Section: 006 E2SE; Section: 007 E2NE, E2SE; Section: 008 NWSE;
NV-L-16-E-TL BLM Lease Notice for Greater Sage Grouse (GRSG) Late Brood-rearing Habitat – General Habitat Management Area (GHMA)
For the following lands:
NV T0160N, R0560E, MOUNT DIABLO MER Section: 004 LOTS 3-4, S2NW; Section: 005 SENE, LOT 1;
NV-L-06-B-TL BLM Lease Notice for Raptor Nest Sites

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 Nevada Contact Information

Email
nvsoweb@blm.gov

Phone
(775) 861-6515

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


Global Markets Strategic Analyst
Anastasia Rademaekers

Email
Anastasia.Rademaekers@energynet.com

Office
(806) 463-3635

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