AUCTION CANCELLED
Registration Status:
Please log in as a buyer to view registration status.
Your Bid Status:
You have not bid on this lot
Parcel:
WA-2020-06-0002
Acres:
4,964.72
Time Remaining:
Auction has ended
Start Time:
6/30/2020 9:30 AM PDT / 11:30 AM CDT
End Time:
6/30/2020 10:30 AM PDT / 12:30 PM CDT
Your Bid:
-
Highest Bid:
-
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Starting Bid:
$20,178.95
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)
Legal Description:
WA T0390N, R0080E, WILLAMETTE MER
Section: 008 PROT ALL;
Section: 009 PROT ALL;
Section: 016 PROT ALL;
Section: 017 PROT E2,E2NW,E2SW;
PB 42 ALL;
PB 43 ALL;
PB 44 ALL;
PB 45 ALL;
PB 46 ALL;
MS 1338.
Parcel Details
Parcel
WAOR 070159
WA-2020-06-0002
County, State
Whatcom, WA
Legal Description
WA T0390N, R0080E, WILLAMETTE MER
Section: 008 PROT ALL;
Section: 009 PROT ALL;
Section: 016 PROT ALL;
Section: 017 PROT E2,E2NW,E2SW;
PB 42 ALL;
PB 43 ALL;
PB 44 ALL;
PB 45 ALL;
PB 46 ALL;
MS 1338.
Acres
4,964.72
Rental (1st Year)
$9,930.00
Royalty
12.50%
Administrative Fee
$170.00
Expression of Interest
OR00016287
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. The BLM will extend the primary term of the lease if the requirements found in the regulations 43 CFR 3207.10 have been met. Annual rental is $2 per acre for the first year (paid to the BLM), and $3 per acre for the second through tenth year (paid to the Office of Natural Resources Revenue (ONRR)). After the tenth year, annual rental will be $5 per acre. Rental is always due in advance of the lease year. The ONRR must receive annual rental payments by the anniversary date of the lease year or your lease may be terminated. You will find other lease terms on our standard lease form (Form 3200-24a, October 2008).
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:
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 20 percent of the bonus bid; the first year’s advance rental of $2.00 per acre or fraction of an acre; and a non-refundable administrative fee of $170.00, 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 Oregon Contact Information
EnergyNet Point of Contact