SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG2000088
Gross Acres:
160.00
Net Acres:
160.00
Time Remaining:
Auction has ended
Start Time:
7/28/2020 11:42 AM CDT
End Time:
8/4/2020 11:42 AM CDT
Your Bid:
-
Highest Bid:
$8/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$2,115.60
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T161N, R92W
Sec. 36: NW4
Tract Details
Lease No.
OG2000088
County, State
Burke, ND
Legal Description
T161N, R92W
Sec. 36: NW4
Gross Acres
160.00
Net Acres
160.00
Royalty Rate
1/6th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$800.00
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Successful Bidder Notification
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
Buyer Premium
A 2% Buyer Premium, calculated as 2% of the total bonus, will be added to the cost of this lease.
North Dakota Department of Trust Lands Point of Contact
Land Professional
Rick Owings
Email
rwowings@nd.gov
Office
(701) 328-1922
Minerals Management Director
Dave Shipman
Email
dashipman@nd.gov
Office
(701) 328-1949
EnergyNet Points of Contact
Government Resources
Email
government@energynet.com
Office
(877) 351-4488
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #36
8/4/2020 11:41:58 AM
$8
Bidder #7
8/4/2020 11:42 AM
$7
Bidder #36
8/4/2020 11:41:58 AM
$4
Bidder #7
8/4/2020 11:40:32 AM
$3