NVN 099052
NV-2019-12-3541
White Pine County, NV
Container for withdrawn and cancelled tracts
AUCTION CANCELLED
AUCTION CANCELLED
Registration Status:
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Your Bid Status:
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Lease:
NVN 099052
NV-2019-12-3541
Gross Acres:
1,880.00
Net Acres:
1,880.00
Time Remaining:
Auction has ended
Start Time:
12/17/2019 10:54 AM
End Time:
12/17/2019 11:54 AM
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Starting Bid:
$165
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
NV T0120N, R0650E, MOUNT DIABLO MER
Section: 022 N2,N2SW,SWSW,SE;
Section: 023 ALL SUBDIVISIONS;
Section: 024 ALL SUBDIVISIONS.
Lease Details
Parcel
NVN 099052
NV-2019-12-3541
County, State
White Pine, NV
Legal Description
NV T0120N, R0650E, MOUNT DIABLO MER
Section: 022 N2,N2SW,SWSW,SE;
Section: 023 ALL SUBDIVISIONS;
Section: 024 ALL SUBDIVISIONS.
Area/Project
Ely District Office
Acres
1,880.00
Rental (1st Year)
$2,820.00
Royalty
12.50%
Administrative Fee
$170.00
Expression of Interest
EOI #NV00014746
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).
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:
NV-L-03-B-TL BLM Stipulation for Elk Calving Habitat
For the following lands:
NV T0120N, R0650E, MOUNT DIABLO MER Section: 022 N2,N2SW,SWSW,SE; Section: 023 W2NE, W2, W2SE, SESE;
NV-L-00-A-LN BLM Lease Notice for BLM Nevada Standard Lease Notices
NV-L-06-B-TL BLM Lease Notice for Raptor Nest Sites
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 Nevada Contact Information
Email
nvsoweb@blm.gov
Phone
(775) 861-6515
EnergyNet Points of Contact