Server Time (CDT): Mar. 29, 5:22:23a

MTM 111600
MT-2020-03-6727

Fallon County, MT
BLM Montana Federal Lease Sale, March 24, 2020

SOLD

Property Schedule

Due Diligence Began 2/3/2020
Bidding Started 3/24/2020
Bidding Ended 3/24/2020 9:14 AM

Registration Status:

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Your Bid Status:

You have not bid on this lot

Parcel:

MTM 111600
MT-2020-03-6727

Acres:

80.00

Time Remaining:

Auction has ended

Start Time:

3/24/2020 7:14 AM MDT / 8:14 AM CDT

End Time:

3/24/2020 8:14 AM MDT / 9:14 AM CDT

Your Bid:

-

Highest Bid:

$2/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$452.40
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

MTM 111600
MT-2020-03-6727

County, State

Fallon, MT

Legal Description

MT T0080N, R0600E, PRINCIPAL MER
Section: 022 W1/2SW1/4.

Area/Project

Miles City Field Office

Acres

80.00

Rental (1st Year)

$120.00

Royalty

12.50%

Administrative Fee

$170.00

Expression of Interest

EOI #MT00015199

Comments

Split Estate
100.00 % US Mineral Interest

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.

NOTICE TO LESSEE Provisions of the Mineral Leasing Act (MLA) of 1920, as amended by the Federal Coal Leasing Amendments Act of 1976, affect an entity's qualifications to obtain an oil and gas lease. Section 2(a)(2)(A) of the MLA, 30 U.S.C. 201(a)(2)(A), requires that any entity that holds and has held a Federal coal lease for 10 years beginning on or after August 4, 1976, and who is not producing coal in commercial quantities from each such lease, cannot qualify for the issuance of any other lease granted under the MLA. Compliance by coal lessees with Section 2(a)(2)(A) is explained in 43 CFR 3472. In accordance with the terms of this oil and gas lease with respect to compliance by the initial lessee with qualifications concerning Federal coal lease holdings, all assignees and transferees are hereby notified that this oil and gas lease is subject to cancellation if: (1) the initial lessee as assignor or as transferor has falsely certified compliance with Section 2(a)(2)(A) or (2) because of a denial or disapproval by a State Office of a pending coal action, i.e., arms-length assignment, relinquishment, or logical mining unit, the initial lessee as assignor or as transferor is no longer in compliance with Section 2(a)(2)(A). The assignee or transferee does not qualify as a bona fide purchaser and, thus, has no rights to bona fide purchaser protection in the event of cancellation of this lease due to noncompliance with Section 2(a)(2)(A). Information regarding assignor or transferor compliance with Section 2(a)(2)(A) is contained in the lease case file as well as in other Bureau of Land Management records available through the State Office issuing this lease.

THIS TRACT IS SUBJECT TO THE FOLLOWING LEASE STIPULATIONS:

  • CSU 12-24 BLM Stipulation for Soils, Sensitive Soils
    For the following lands:
    MT T0080N, R0600E, PRINCIPAL MER
    Section: 022 NW1/4SW1/4;
  • CSU 12-27 BLM Stipulation for Sharp-Tailed Grouse Leks and Nesting Habitat
    For the following lands:
    MT T0080N, R0600E, PRINCIPAL MER
    Section: 022 SW1/4SW1/4;
  • CSU 12-25 BLM Stipulation for Riparian, Wetlands
    For the following lands:
    MT T0080N, R0600E, PRINCIPAL MER
    Section: 022 W1/2SW1/4;
  • CSU 12-23 BLM Stipulation for Air Resources
  • Standard 16-3 BLM Stipulation for Oil And Gas Lease Stipulations
  • TES 16-2 BLM Stipulation for Endangered Species Act Section 7 Consultation Stipulation
  • CR 16-1 BLM Stipulation for Cultural Resources Lease Stipulation
  • NSO 11-70 BLM Stipulation for Streams, Waterbodies, Riparian, Wetland, And Floodplains
  • LN 14-18 BLM Lease Notice for Air Resource Analysis
  • LN 14-11 BLM Lease Notice for Greater Sage-Grouse Habitat
  • LN 14-12 BLM Lease Notice for Paleontological Resource Inventory Requirement
  • LN 14-2 BLM Lease Notice for Cultural Resources
  • LN 14-37 BLM Lease Notice for Greater Sage-Grouse Habitat Conservation
  • LN 14-20 BLM Lease Notice for Migratory Bird Treaty Act
  • LN 14-23 BLM Lease Notice for Setback From Human Occupied Residences Requirement
  • LN 14-39 BLM Lease Notice for Raptors
  • LN 14-40 BLM Lease Notice for Big Game Winter Range and Migration Corridors

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 Montana Contact Information

EnergyNet Points of Contact

Government Resources

Email
government@energynet.com

Office
(866) 364-4688

Bid History (Top 10)

Bidder

Placed

Amount

Bidder #18

3/24/2020 8:32:06 AM

$2