SOLD
Registration Status:
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Your Bid Status:
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Tract:
OG2000224
Gross Acres:
160.00
Net Acres:
80.00
Time Remaining:
Auction has ended
Start Time:
7/28/2020 4:14 PM CDT
End Time:
8/4/2020 4:14 PM CDT
Your Bid:
-
Highest Bid:
$28/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$2,694.80
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Legal Description:
T144N, R93W
Sec. 16: SW4
Tract Details
Lease No.
OG2000224
County, State
Dunn, ND
Legal Description
T144N, R93W
Sec. 16: SW4
Gross Acres
160.00
Net Acres
80.00
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$400.00
ND Administrative Fee
$10.00
Buyer Premium
2.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Provision
H: Indicates leases shall contain a stipulation indicating a historical resource has been identified on this tract and may need to be protected. At least 20 days prior to any surface disturbance, our lessee shall notify the Department of Trust Lands of the intended surface disturbance. The Commissioner of University and School Lands will consider advice from the Historical Society and Geological Survey to determine what, if any, protection shall be necessary under Sec. 85-06-06-12 of the Board of University and School Lands' rules and regulations.
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 4:13:58 PM
$28
Bidder #40
8/4/2020 4:13:43 PM
$27
Bidder #30
8/4/2020 4:13:42 PM
$24
Bidder #36
8/4/2020 4:12:51 PM
$23
Bidder #30
8/4/2020 4:13:30 PM
$22
Bidder #36
8/4/2020 4:12:51 PM
$9
Bidder #4
8/4/2020 1:53:55 PM
$8