Server Time (CDT): Mar. 28, 5:55:47a

WY-2020-09-6858

Laramie County, WY
BLM Wyoming Federal Lease Sale, September 24, 2020

SOLD

Property Schedule

Due Diligence Began 7/24/2020
Bidding Started 9/24/2020
Bidding Ended 9/24/2020 10:28 AM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

WY-2020-09-6858

Acres:

1,400.00

Time Remaining:

Auction has ended

Start Time:

9/24/2020 8:28 AM MDT / 9:28 AM CDT

End Time:

9/24/2020 9:28 AM MDT / 10:28 AM CDT

Your Bid:

-

Highest Bid:

$316/acre

Starting Bid:

$2/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$451,306
(Bonus + Agency Fees + Advanced Rental + 1.5% Buyer Premium)

Legal Description:

Parcel Details

Parcel

WYW 190222
WY-2020-09-6858

County, State

Laramie, WY

Legal Description

T. 18 N., R. 67 W., 6TH PM
Sec. 10 S2NE,SWNW;
Sec. 11 ALL;
Sec. 12 ALL

Acres

1,400.00

Rental (1st Year)

$2,100.00

Royalty

12.50%

Administrative Fee

$170.00

Expression of Interest

WY00015537

Comments

Split Estate

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. It will continue beyond its primary term as long as oil or gas in paying quantities is produced on or for the benefit of the lease. Advance rental at $1.50 per acre for the first 5 years ($2 per acre after that) is due on or before the anniversary date each year until production begins. Once a lease is producing, you must pay a royalty of 12.5 percent of the value or the amount of production removed or sold from the lease. You will find other lease terms on our standard lease form (Form 3100-11, 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:

  • Lease Stipulation No. 1 Historic Properties
  • Lease Stipulation No. 2 Endangered Species Act Section 7 Consultation Stipulation
  • Lease Stipulation No. 3 Multiple Mineral Development
  • Lease Notice No. 1 Reasonable Measures to Minimize Adverse Impacts to Resources
  • Lease Notice No. 2 National Historic Trails
  • Lease Notice No. 3 Great Sage-Grouse Habitat
  • WY Std Notice to Lessee Attachment to Each Lease. Mineral Leasing Act requirements with respect to coal leasing
  • WY RFO_TLS_MPN Mountain Plover Nests

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 at least the minimum bonus bid of $2 per acre or fraction of an acre; the first year's advance rental of $1.50 per acre or fraction of an acre; and a non-refundable administrative fee of $170, 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 Wyoming Contact Information

EnergyNet Point of Contact

Government Resources

Email
government@energynet.com

Office
(877) 351-4488

Bid History (All)

Bidder

Placed

Amount

Bidder #23

9/24/2020 10:26:33 AM

$316

Bidder #8

9/24/2020 10:27:58 AM

$315

Bidder #23

9/24/2020 10:26:33 AM

$314

Bidder #8

9/24/2020 10:27:58 AM

$313

Bidder #23

9/24/2020 10:26:33 AM

$312

Bidder #8

9/24/2020 10:27:53 AM

$311

Bidder #23

9/24/2020 10:26:33 AM

$230

Bidder #27

9/24/2020 10:25:37 AM

$229

Bidder #37

9/24/2020 10:26:24 AM

$6

Bidder #27

9/24/2020 10:25:37 AM

$3

Bidder #21

9/24/2020 9:43:25 AM

$2