WY-194Q-019
AUCTION NOT YET STARTED
Registration Status:
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Your Bid Status:
Parcel:
WY-194Q-019
Acres:
454.83
Time Remaining:
1D 10H 42M 18S
Start Time:
12/10/2019 9:06 AM CST / 8:06 AM MST
End Time:
12/10/2019 10:06 AM CST / 9:06 AM MST
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$1
Total Lease Cost at Starting Bid:
$1,776.15
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
T.0360N, R.0720W, 06th PM, WY
Sec. 001 LOTS 1-4;
Sec. 001 S2N2,N2SE,SWSE;
Parcel Details
Parcel
WY-194Q-019
County, State
Converse, WY
Legal Description
T.0360N, R.0720W, 06th PM, WY
Sec. 001 LOTS 1-4;
Sec. 001 S2N2,N2SE,SWSE;
Area/Project
Casper FO
Acres
454.83
Rental (1st Year)
$682.50
Royalty
12.50%
Administrative Fee
$170.00
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
- TLS (1) Feb 1 to Jul 31; (2) as mapped on the Casper 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 $170, 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 Wyoming Contact Information
EnergyNet Points of Contact