Server Time (CDT): Mar. 28, 2:11:35p

Tract No. 151
EF20_110

Las Animas County, CO
Colorado State Land Board Lease Sale, February 20, 2020

SOLD

Property Schedule

Due Diligence Began 1/10/2020
Bidding Started 2/13/2020
Bidding Ended 2/20/2020 2:56 PM

Registration Status:

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Your Bid Status:

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Tract:

Tract No. 151
EF20_110

Gross Acres:

640.00

Net Acres:

640.00

Time Remaining:

Auction has ended

Start Time:

2/13/2020 1:56 PM MST / 2:56 PM CST

End Time:

2/20/2020 1:56 PM MST / 2:56 PM CST

Your Bid:

-

Highest Bid:

$0/acre

Starting Bid:

$0/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$1,732
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)

Legal Description:

Tract Details

Tract No.

Tract No. 151
EF20_110

County, State

Las Animas, CO

Legal Description

T33S, R51W 6th PM
Sec. 36: ALL
Partial No Surface Occupancy.

Gross Acres

640.00

Net Acres

640.00

State Owns Surface

Yes

Royalty Rate

20.00%

Rental/Acre (Per Year)

$2.50

CO Application Fee

$100.00

Buyer Premium

2.00%

Lease Terms and Conditions

Purchase price includes the lease bonus and 1st year rental and buyer's premium. Buyer will be responsible for paying rental payments for years 2 through 5.

Data represented on these maps is for REFERENCE USE ONLY and is not suitable for legal, engineering, or surveying purposes. Neither Colorado nor EnergyNet.com shall be liable for any direct, indirect or consequential damages to any party arising out of or in connection with the use of data on these maps.

There is no assurance that there is any potential for production on any tract offered for leasing by the State Board of Land Commissioners.

Click here to view the lease form.

Lease Royalty Rate Information Colorado State Land Board oil and gas leases will be initially offered at a 20% royalty rate. If a lease does not sell at auction, it will be available at the next subsequent auction at a 18.75% royalty rate. If a tract is unsold at the 18.75% rate, it will be placed back into the State Land Board inventory and can be nominated for future auctions starting at the 20% royalty rate. For questions about this process please contact Catie Stitt at 303-866-3454 ext. 3326.

Lease Stipulations

135. OG STIP 1 WITH MULE DEER CRITICAL WINTER RANGE, POTENTIAL BURROWING OWL NEST SITES, SWIFT FOX SURVEY, BIGHORN SHEET PRODUCTION RANGE AND BIGHORN SHEEP WINTER CONCENTRATION AREA AND WINTER RANGE:

A) JOINT ESTATE WITH BIOLOGICAL ISSUES: Lease contains Colorado Parks & Wildlife (CPW) mapped High Priority Habitat (HPH) and/or occurrences of Federally-listed Endangered, Threatened, or Candidate wildlife or plant species as mapped by Colorado Natural Heritage Program (CNHP). Prior to surface access for operations and in connection with any Location Assessment for oil and gas operations, or the submittal of an Application for Permit to Drill (APD) with the Colorado Oil and Gas Conservation Commission (OGCC), Lessee shall consult with and obtain approval of the Lessor’s District Manager, or his designee, for operations, including without limitation, exploration activities, well siting and access, and facilities locations. In connection therewith, Lessee shall consult with CPW and CNHP representatives regarding appropriate design measures and best management practices (BMPs) to avoid and minimize adverse impacts to biological resources, species, and habitats. Lessor’s conservation mandate may require Lessee’s compliance with site specific measures to address CPW and CNHP concerns relating to the siting of facilities and the implementation of BMPs to avoid, minimize, and mitigate adverse impacts. Site specific requirements may include, but are not limited to: 1) restricted or prohibited surface occupancy, 2) noise limitations or mitigation measures, 3) seasonal operations restrictions, 4) biological resource mapping, 5) ground or surface water testing, 6) air quality testing and 7) adoption of a comprehensive soil management plan. Lessor does not waive any OGCC consultation requirements with the surface owner, and Lessee shall not seek a variance to any required consultation without the advance written approval of the Lessor. Without excluding other penalties or remedies available under this Lease or as provided by law, Lessor shall impose penalties, subject to the applicable Lease notice and cure rights, including Lease cancellation and fines of up to $10,000 per day, for any violation of this special stipulation or the resulting BMPs, in whole or in part, arising directly or indirectly from the use, occupation or control of the Leased Premises by Lessee, Lessee’s contractor or operator under this Lease. If Lessor determines any oil and gas operations pose a risk of immediate damage to public health, safety or welfare Lessor may order the immediate suspension of operations to investigate and remedy the issues.

B) Mule Deer Critical Winter Range: This lease falls within mapped Mule Deer Critical Winter Range. There shall be No Surface Occupancy (NSO) between December 1 - April 30 to protect winter habitat area and consultation with the State Land Board to discuss best management practices.

C) Burrowing Owl Stipulation- This tract potentially contains a burrowing owl nest site. Lessee must conduct a pre-construction survey to identify burrowing owl nest sites. If a burrowing owl nest site is identified, Lessee shall consult with the State Land Board Staff regarding their results prior to drilling operations.

D) Swift Fox Stipulation- Prior to drilling operations, Lessee must conduct a Swift Fox survey for active den sites. Lessee shall consult with the State Land Board regarding their results prior to drilling operations.

E) Bighorn Sheep Production Range- This lease falls within mapped Bighorn Sheep Production Range. There shall be No Surface Occupancy (NSO) on the leased land within 200 feet of the canyon rim or mapped habitat range. Lessee and its successors or assigns shall not enter upon or use the surface of the leased land for conducting any surface, drilling or other operations. Lessee agrees that there will be no over flights of the leased land between April 15-June 30. There shall be restricted occupancy on the leased land between April 15-June 30 and a limit of one surface facility. Lessee shall consult with the State Land Board during surface planning and prior to APD to determine best practices during the restricted occupancy period of the lease.

F) Bighorn Sheep Winter Concentration Area and Winter Range- This lease falls within mapped Bighorn Sheep Winter Concentration Area and Winter Range. There shall be No Surface Occupancy (NSO) on the leased land within 200 feet of the canyon rim or mapped habitat range. Lessee and its successors or assigns shall not enter upon or use the surface of the leased land for conducting any surface, drilling or other operations. Lessee agrees that there will be no over flights of the leased land in the following areas between November 1- April 15. There shall be restricted occupancy on the leased land between November 1 - April 15 and a limit of one surface facility. Lessee shall consult with the State Land Board during surface planning and prior to APD to determine best practices during the restricted occupancy period of the lease.

Successful Bidder Notification

After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.

Payment must be made within two business days.

Buyer Premium

A 2% Buyer Premium, calculated as 2% of the total bonus plus rental, will be added to the cost of this lease.

Colorado State Land Board Points of Contact

Minerals Director
Christel Koranda

Email
Christel.Koranda@state.co.us

Office
(303) 866-3454 ext 3321


Oil and Gas Specialist
Catie Stitt

Email
Catie.Stitt@state.co.us

Office
(303) 866-3454 ext 3326

EnergyNet Points of Contact

Government Resources

Email
government@energynet.com

Office
(866) 364-4688

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #8

2/20/2020 2:55:19 PM

$0