Server Time (CST): Dec. 8, 10:22:21p

Parcel #: OH-2019-12-0291
Serial #: OHES059522

Monroe County, OH
BLM Eastern States Federal Lease Sale, December 12, 2019

AUCTION NOT YET STARTED

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

Parcel:

Parcel #: OH-2019-12-0291
Serial #: OHES059522

Acres:

50.00

Time Remaining:

3D 12H 15M 39S

Start Time:

12/12/2019 7:38 AM CST / 8:38 AM EST

End Time:

12/12/2019 10:38 AM CST / 11:38 AM EST

Your Bid:

-

Highest Bid:

-

Starting Bid:

$2/acre

Bid Increment:

$1

Total Lease Cost at Starting Bid:

$346.50
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

Parcel #: OH-2019-12-0291 / Serial #: OHES059522

County, State

Monroe, OH

Legal Description

OH T0030N, R0050W, OHIO RIVER SURVEY - 35 PM
Section: 016 NWSE and Pt. of NESE as described in Deed Volume 192, Page 434, filed Nov. 26, 1986, in official records of Monroe County, Ohio.

Area/Project

WAYNE NF

Acres

50.00

Rental (1st Year)

$75.00

Royalty

12.50%

Administrative Fee

$170.00

Expression of Interest

ES00001996 (2220)

Comments

ACQ

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:

Forest Service Standard Lease Stipulations

Lease Special Notification: #1 (Applies to all lands in Parcel)

Lease Notification: #1, #2, #3, #4, #5 (Applies to all lands in Parcel)

Lease Stipulations: NSO #8 Slopes in excess of 55%

Lease Stipulation: #17 Controlled Surface Use - Slopes Between 35% and 55%

Royalty Reservation Notice

BLM Stipulation - Cultural and Archeological Survey and Consultation Requirements

BLM Stipulation - Tree Cutting Timing Limits and Consultation Requirements

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