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LST AP0487

Alaska DNR Oil & Gas Lease Sale, June 11, 2020

AUCTION IS ACTIVE

Place a Bid

Registration Status:

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Your Bid Status:

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Tract:

LST AP0487

Estimated Acres:

2,500

Time Remaining:

15D 10H 35M 55S

Start Time:

5/19/2020 11:00 AM CDT / 8:00 AM AKDT

End Time:

6/11/2020 7:00 PM CDT / 4:00 PM AKDT

Minimum Bid:

$5 per acre

Total Lease Cost at Minimum Bid:

$12,750
(Bonus + Buyer Premium)

Legal Description:

Tract Details

Lease Name

LST AP0487

Borough, State

Lake and Peninsula, AK

Legal Description

T. 32 S. , R. 55 W. and T. 32 S. , R. 56 W.
Seward Merdian
Section: 21, 28, 29, 31, 32, 33 and 36

Primary Lease Term

10 Years

Estimated Acreage

2,500

Royalty

12.50000%

Mitigation Measures

The applicable mitigation measures for this LST are for the Alaska Peninsula Areawide, Effective December 1, 2014. More information may be found at
http://dog.dnr.alaska.gov/Documents/Leasing/SaleDocuments/AKPeninsula/2020/2014-12-01_Mitigation_Measures_Alaska_Peninsula_Areawide.pdf

Record District & Local Government

Record District: Kvichak Recording District
Local Government: Lake and Peninsula Borough

Remittance Due Notification

Upon close of bidding, each bidder will be notified via email with closing instructions, including total amount due.

Within six (6) days, you must pay the Bid Deposit (20% of the bonus bid), to the Alaska DNR.

Buyer Premium

A 2.0% Buyer Premium, calculated as 2.0% of the total bonus, will be added to the cost of this lease.

Alaska DNR Point of Contact

Email
dog.leasing@alaska.gov

Phone
(907) 269-8800

EnergyNet Point of Contact

Government Resources

Email
government@energynet.com

Office
(877) 351-4488