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LST AP0891

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 AP0891

Estimated Acres:

2,024

Time Remaining:

11D 13H 43M 22S

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:

$10,322.40
(Bonus + Buyer Premium)

Legal Description:

Tract Details

Lease Name

LST AP0891

Borough, State

Aleutians East, AK

Legal Description

T. 50 S. , R. 71 W.
Seward Merdian
Section: 4, 5, 6, 7, 8, 9, 16, 17, 18

Primary Lease Term

10 Years

Estimated Acreage

2,024

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: Aleutian Islands Recording District
Local Government: Aleutians East 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