Server Time (CDT): Apr. 26, 4:12:26p

WY-194Q-086

Park County, WY
BLM Wyoming Federal Lease Sale, December 10 and 11, 2019

SOLD

Property Schedule

Due Diligence Began 10/11/2019
Bidding Started 12/10/2019
Bidding Ended 12/10/2019 12:20 PM

Registration Status:

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Your Bid Status:

You have not bid on this lot

Parcel:

WY-194Q-086

Acres:

143.81

Time Remaining:

Auction has ended

Start Time:

12/10/2019 10:20 AM MST / 11:20 AM CST

End Time:

12/10/2019 11:20 AM MST / 12:20 PM CST

Your Bid:

-

Highest Bid:

$2/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$678.32
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-194Q-086

County, State

Park, WY

Legal Description

Updated 11/15/2019
See Information Notice No. 1
T.0550N, R.1010W, 06th PM, WY
Sec. 012 LOTS 2,5;

Area/Project

Cody FO

Acres

143.81

Rental (1st Year)

$216.00

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
  • Lease Notice 1041
  • CSU (1) Surface occupancy or use will be restricted or prohibited up to 2 miles where setting is an important aspect of the integrity for the trail, unless the operator and surface managing agency arrive at an acceptable plan for mitigation of anticipated impacts; the plan must demonstrate proposed infrastructure is either not visible or will result in a weak contrast rating; (2) as mapped on the Cody Field Office GIS database; (3) protecting other historic trails.
  • CSU (1) Prior to surface disturbance within ΒΌ mile of waters rated by the Wyoming Game and Fish Department (WGFD) as Class 1 or 2 fisheries, a site-specific plan must be submitted to the BLM by the applicant as a component of the Application for Permit to Drill (BLM Form 3160-3) or Sundry Notice (BLM Form 3106-5) - Surface Use Plan of Operations. The operator shall not initiate surface-disturbing activities unless the BLM authorized officer has approved the plan (with conditions, as appropriate). The plan must demonstrate to the BLM authorized officer's satisfaction how the operator will meet the fo llowing performance standards. Reserve pits should be designed to prevent possible contamination of soil and groundwater. Drill pad sites should be designed to disperse storm water runoff onto upland sites using proper erosion and sediment control techniques. Design road crossing of streams to allow fish passage at all flows. Design crossings such that they do not destabilize the channel or increase water velocity; (2) as mapped on the Cody Field Office ors database; (3) to protect designated Blue Ribbon fi sheries and fish populations.

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

Government Resources

Email
government@energynet.com

Office
(866) 364-4688

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #2

12/10/2019 12:19:13 PM

$2