Server Time (CDT): Sep. 18, 9:54:17p

WY-2020-03-6345

Converse County, WY
BLM Wyoming Federal Lease Sale, March 24, 2020

SOLD

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

WY-2020-03-6345

Acres:

240.00

Time Remaining:

Auction has ended

Start Time:

3/24/2020 9:06 AM CDT / 8:06 AM MDT

End Time:

3/24/2020 10:06 AM CDT / 9:06 AM MDT

Your Bid:

-

Highest Bid:

$528/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Lease Cost at Highest Bid:

$129,150.80
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WY-2020-03-6345

County, State

Converse, WY

Legal Description

WY T0390N, R0710W, 6TH PM
Section: 019 NE, N2SE.

Area/Project

Casper FO

Acres

240.00

Rental (1st Year)

$360.00

Royalty

12.50%

Administrative Fee

$170.00

Expression of Interest

EOI #WY00015417

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
  • TBNG-R2-FS-2820-13 Lease Notice
  • TBNG2002-NSO-06
  • TBNG2002-TL-01
  • TBNG2002-CSU-03

Existing Agreements

WYW 180090X This parcel is within approved Unit Agreement (UA) WYW 180090X, effective July 19, 2011. Before issuance of a lease for lands within an approved unit, the successful bidder may be required to join the unit (43 CFR 3101.3-1). Any lands included in this Notice that are determined to be in a unit prior to lease issuance are subject to regulation (43 CFR 3101.3-1).

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 #21

3/24/2020 10:03:56 AM

$528

Bidder #53

3/24/2020 10:05:20 AM

$527

Bidder #21

3/24/2020 10:03:56 AM

$301

Bidder #37

3/24/2020 10:04:51 AM

$300

Bidder #21

3/24/2020 10:03:56 AM

$258

Bidder #37

3/24/2020 10:04:26 AM

$257

Bidder #21

3/24/2020 10:03:56 AM

$256

Bidder #37

3/24/2020 10:03:59 AM

$255

Bidder #21

3/24/2020 9:14:09 AM

$202

Bidder #37

3/24/2020 10:02:10 AM

$201


View 11 earlier bids...