Property Information

WY-193Q-197

Lincoln County, WY

BLM Wyoming Federal Lease Sale, September 17 and 18, 2019

SOLD

Property Schedule

Due Diligence Began 7/19/2019

Bidding Started 9/18/2019

Bidding Ended 9/18/2019 12:32 PM

Registration Status

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Your Bid Status

You have not bid on this lot

Parcel

WY-193Q-197

Acres

2,221.00

Time Remaining

Auction has ended

Start Time

9/18/2019 10:32 AM MDT / 11:32 AM CDT

End Time

9/18/2019 11:32 AM MDT / 12:32 PM CDT

Your Bid

Highest Bid

$3/acre

Starting Bid

$2/acre

Bid Increment

Total Cost at Highest Bid

$10,259.45

(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description

T.0250N, R.1130W, 06th PM, WY
Sec. 004 N2,SW,SWSE,N2SE;
Sec. 005 ALL;
Sec. 007 NENE,S2SE;
Sec. 007 S2NE,N2SE(EXCL 5.00 AC IN
Sec. 007 RSVR ROW WYW043562 & 4.00
Sec. 007 AC IN RSVR ROW
Sec. 007 WYW0310283);
Sec. 008 N2,N2SE;
Sec. 008 SW,SWSE(EXCL 5.00 AC IN
Sec. 008 RSVR ROW WYW043562 &
Sec. 008 5.00 AC IN RSVR ROW
Sec. 008 WYW0310283);
Sec. 009 N2NW,SWNW;

Parcel Details

Parcel

WY-193Q-197

County, State

Lincoln, WY

Legal Description

Area/Project

Pinedale FO

Acres

2,221.00

Rental (1st Year)

$3,331.50

Royalty

12.50%

Administrative Fee

$165.00

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.

THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

Lease Notice No. 1
Lease Notice No. 2
Lease Notice No. 3
Lease Stipulation No. 1
Lease Stipulation No. 2
Lease Stipulation No. 3
WY_SW_TLS_PHMAL
WY_SW_TLS_PHMAWCA
WY_SW_CSU_PHMA
TLS (1) Nov 15 to Apr 30; (2) as mapped on the Pinedale Field Office GIS database; (3) protecting big game crucial winter range.
TLS (1) Apr 1 through Aug 15 within one-half mile of burrowing owl habitat; (2) as mapped on the Pinedale Field Office GIS database or as determined by a pre-disturbance raptor survey; (3) protecting burrowing owl nesting habitat.
TLS (1) Feb 1 to July 31 within a radius of one-mile of active Ferruginous hawk nest sites; (2) as mapped on the Pinedale Field Office GIS database or as determined by a pre- disturbance raptor survey; (3) protecting Ferruginous hawk nesting habitat.
TLS (1) Feb 1 to Jul 31; (2) as mapped on the Pinedale Field Office GIS database; (3) protecting nesting Raptors.

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.