Server Time (CDT): Mar. 29, 3:58:09a

PARCEL ID: 8378
Serial #: COC79682

Garfield County, CO
BLM Colorado Federal Lease Sale, September 26, 2019

SOLD

Property Schedule

Due Diligence Began 7/31/2019
Bidding Started 9/26/2019
Bidding Ended 9/26/2019 12:20 PM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

PARCEL ID: 8378
Serial #: COC79682

Acres:

320.00

Time Remaining:

Auction has ended

Start Time:

9/26/2019 9:20 AM MDT / 10:20 AM CDT

End Time:

9/26/2019 11:20 AM MDT / 12:20 PM CDT

Your Bid:

-

Highest Bid:

$2/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$1,294.60
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

PARCEL ID: 8378
Serial #: COC79682

County, State

Garfield, CO

Legal Description

T.0040S., R.0950W., 6TH PM
Section 23: SENW,NESW,S2SW;
Section 34: SW;

Acres

320.00

Rental (1st Year)

$480.00

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 PARCEL IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

All Lands are subject to Exhibit CO-34 to alert lessee of potential habitat for a threatened, endangered, candidate, or other special status plant or animal.

All Lands are subject to Exhibit CO-39 to protect cultural resources.

All Lands are subject to Exhibit CO-56 to alert lessee of potential supplementary air analysis.

All Lands are subject to Exhibit GRSG-TL-46e within 4 miles of active leks during lekking, nesting, and early brood-rearing (March 1 to July15). No activity associated with construction, drilling, or completions within 4 miles from active leks during lekking, nesting, and early broodrearing (March 1 to July 15).

The Following lands are subject to Exhibit WR-NSO-12 to protect soils on natural slopes greaterthan or equal to 50 percent:
T.0040S., R.0950W., 6TH PM
Section 23: SENW,NESW,SWSW;

All Lands are subject to Exhibit WR-NSO-29 to protect Douglas-fir and aspen on slopes greaterthan 25 percent.

All Lands are subject to Exhibit WR-CSU-10 to protect soils on natural slopes greater than orequal to 35 percent but less than 50 percent.

The Following lands are subject to Exhibit WR-CSU-12 to maintain the vegetative, hydrologic,and geomorphic functionality of stream channels, water quality characteristics, spring function,water well integrity, proper wetland/riparian function, aquatic health, aquatic and wetlandhabitat, macroinvertebrate communities, downstream fisheries and natural sediment and saltprocesses:
T.0040S., R.0950W., 6TH PM
Section 23: SWSW;
Section 34: N2SW;

The Following lands are subject to Exhibit WR-CSU-13 to protect aquatic habitats occupied byor suitable for recovery of native cutthroat trout:
T.0040S., R.0950W., 6TH PM
Section 34: SW;

All Lands are subject to Exhibit WR-TL-13 to reduce the intensity, frequency, and extent ofdisturbances imposed on big game animals occupying defined summer range habitats duringperiods when animals are physiologically or energetically challenged.

All Lands are subject to Exhibit WR-LN-12 to protect paleontological resources.

PVT/BLM; CON: WRFO

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 Colorado Contact Information

Email
blm_co_leasesale@blm.gov

Phone
(303) 239-3990

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

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #13

9/26/2019 11:11:19 AM

$2