SOLD
Registration Status:
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Your Bid Status:
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Parcel:
NDM 111292
Parcel ID ND-2019-09-2299
Acres:
80.48
Time Remaining:
Auction has ended
Start Time:
9/24/2019 7:24 AM MDT / 8:24 AM CDT
End Time:
9/24/2019 8:24 AM MDT / 9:24 AM CDT
Your Bid:
-
Highest Bid:
$570/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$47,149.05
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
ND T1590N, R1000W, 5TH PM
Section: 001 LOTS 3,4;.
Parcel Details
Parcel
NDM 111292
Parcel ID ND-2019-09-2299
County, State
Williams, ND
Legal Description
ND T1590N, R1000W, 5TH PM
Section: 001 LOTS 3,4;.
Area/Project
North Dakota FO
Acres
80.48
Rental (1st Year)
$121.50
Royalty
12.5
Administrative Fee
$165.00
Expression of Interest
MT00003373
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.
NOTICE TO LESSEE Provisions of the Mineral Leasing Act (MLA) of 1920, as amended by the Federal Coal Leasing Amendments Act of 1976, affect an entity's qualifications to obtain an oil and gas lease. Section 2(a)(2)(A) of the MLA, 30 U.S.C. 201(a)(2)(A), requires that any entity that holds and has held a Federal coal lease for 10 years beginning on or after August 4, 1976, and who is not producing coal in commercial quantities from each such lease, cannot qualify for the issuance of any other lease granted under the MLA. Compliance by coal lessees with Section 2(a)(2)(A) is explained in 43 CFR 3472. In accordance with the terms of this oil and gas lease with respect to compliance by the initial lessee with qualifications concerning Federal coal lease holdings, all assignees and transferees are hereby notified that this oil and gas lease is subject to cancellation if: (1) the initial lessee as assignor or as transferor has falsely certified compliance with Section 2(a)(2)(A) or (2) because of a denial or disapproval by a State Office of a pending coal action, i.e., arms-length assignment, relinquishment, or logical mining unit, the initial lessee as assignor or as transferor is no longer in compliance with Section 2(a)(2)(A). The assignee or transferee does not qualify as a bona fide purchaser and, thus, has no rights to bona fide purchaser protection in the event of cancellation of this lease due to noncompliance with Section 2(a)(2)(A). Information regarding assignor or transferor compliance with Section 2(a)(2)(A) is contained in the lease case file as well as in other Bureau of Land Management records available through the State Office issuing this lease.
THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:
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 Montana Contact Information
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 (All)
Bidder
Placed
Amount
Bidder #6
9/24/2019 9:23:53 AM
$570
Bidder #29
9/24/2019 9:23:52 AM
$569
Bidder #26
9/24/2019 9:23:24 AM
$400
Bidder #25
9/24/2019 9:22:21 AM
$269
Bidder #6
9/24/2019 8:36 AM
$256
Bidder #25
9/24/2019 8:25:27 AM
$169
Bidder #6
9/24/2019 8:31:27 AM
$167
Bidder #25
9/24/2019 8:25:27 AM
$166
Bidder #6
9/24/2019 8:31:25 AM
$165
Bidder #25
9/24/2019 8:25:27 AM
$164
Bidder #6
9/24/2019 8:31:24 AM
$163
Bidder #25
9/24/2019 8:25:27 AM
$162
Bidder #6
9/24/2019 8:31:23 AM
$161
Bidder #25
9/24/2019 8:25:27 AM
$160
Bidder #6
9/24/2019 8:31:21 AM
$159
Bidder #25
9/24/2019 8:25:27 AM
$158
Bidder #6
9/24/2019 8:31:20 AM
$157
Bidder #25
9/24/2019 8:25:27 AM
$156
Bidder #6
9/24/2019 8:31:19 AM
$155
Bidder #25
9/24/2019 8:25:27 AM
$154
Bidder #6
9/24/2019 8:31:17 AM
$153
Bidder #25
9/24/2019 8:25:27 AM
$152
Bidder #6
9/24/2019 8:31:16 AM
$151
Bidder #25
9/24/2019 8:25:27 AM
$150
Bidder #6
9/24/2019 8:31:14 AM
$149
Bidder #25
9/24/2019 8:25:27 AM
$148
Bidder #6
9/24/2019 8:31:07 AM
$147
Bidder #25
9/24/2019 8:25:27 AM
$146
Bidder #6
9/24/2019 8:31:06 AM
$145
Bidder #25
9/24/2019 8:25:27 AM
$144
Bidder #6
9/24/2019 8:30:42 AM
$143
Bidder #25
9/24/2019 8:25:27 AM
$142
Bidder #6
9/24/2019 8:30:40 AM
$141
Bidder #25
9/24/2019 8:25:27 AM
$140
Bidder #6
9/24/2019 8:30:39 AM
$139
Bidder #25
9/24/2019 8:25:27 AM
$138
Bidder #6
9/24/2019 8:30:36 AM
$137
Bidder #25
9/24/2019 8:25:27 AM
$136
Bidder #6
9/24/2019 8:30:26 AM
$135
Bidder #25
9/24/2019 8:25:27 AM
$134
Bidder #6
9/24/2019 8:30:22 AM
$133
Bidder #25
9/24/2019 8:25:27 AM
$132
Bidder #6
9/24/2019 8:30:18 AM
$131
Bidder #25
9/24/2019 8:25:27 AM
$130
Bidder #6
9/24/2019 8:30:17 AM
$129
Bidder #25
9/24/2019 8:25:27 AM
$128
Bidder #6
9/24/2019 8:30:15 AM
$127
Bidder #25
9/24/2019 8:25:27 AM
$126
Bidder #6
9/24/2019 8:30:14 AM
$125
Bidder #25
9/24/2019 8:25:27 AM
$124
Bidder #6
9/24/2019 8:30:13 AM
$123
Bidder #25
9/24/2019 8:25:27 AM
$122
Bidder #6
9/24/2019 8:30:11 AM
$121
Bidder #25
9/24/2019 8:25:27 AM
$120
Bidder #6
9/24/2019 8:30:10 AM
$119
Bidder #25
9/24/2019 8:25:27 AM
$118
Bidder #6
9/24/2019 8:30:09 AM
$117
Bidder #25
9/24/2019 8:25:27 AM
$116
Bidder #6
9/24/2019 8:30:08 AM
$115
Bidder #25
9/24/2019 8:25:27 AM
$114
Bidder #6
9/24/2019 8:30:06 AM
$113
Bidder #25
9/24/2019 8:25:27 AM
$112
Bidder #6
9/24/2019 8:30:05 AM
$111
Bidder #25
9/24/2019 8:25:27 AM
$110
Bidder #6
9/24/2019 8:30:03 AM
$109
Bidder #25
9/24/2019 8:25:27 AM
$108
Bidder #6
9/24/2019 8:30:01 AM
$107
Bidder #25
9/24/2019 8:25:27 AM
$106
Bidder #6
9/24/2019 8:29:59 AM
$105
Bidder #25
9/24/2019 8:25:27 AM
$104
Bidder #6
9/24/2019 8:29:54 AM
$103
Bidder #25
9/24/2019 8:25:27 AM
$102
Bidder #6
9/24/2019 8:28:19 AM
$101
Bidder #25
9/24/2019 8:25:27 AM
$2