Server Time (CDT): May 1, 10:23:03p

Parcel #12

Laramie County, WY
Wyoming Office of State Lands and Investments, November 10, 2020

SOLD

Property Schedule

Due Diligence Began 9/28/2020
Bidding Started 11/3/2020
Bidding Ended 11/10/2020 9:22 AM

Registration Status:

Please log in as a buyer to view registration status.

Your Bid Status:

You have not bid on this lot

Parcel:

Parcel #12

Gross Acres:

320.00

Net Acres:

320.00

Time Remaining:

Auction has ended

Start Time:

11/3/2020 8:22 AM MST / 9:22 AM CST

End Time:

11/10/2020 8:22 AM MST / 9:22 AM CST

Your Bid:

-

Highest Bid:

$216/acre

Starting Bid:

$1/acre

Bid Increment:

$1

Total Cost at Highest Bid:

$70,910.80
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)

Legal Description:

Parcel Details

Parcel No.

Parcel #12

County, State

Laramie, WY

Legal Description

T16N, R63W
Sec 14 W2

Gross Acres

320.00

Net Acres

320.00

Stipulation

1, 136

Royalty Rate

16.67%

Rental/Acre (Per Year)

$1.00

WY Advertising Fee

$38.40

WY Application Fee

$50.00

Lease Terms and Conditions

The Wyoming Board of Land Commissioners may deny an oil and gas lease to any person or legal entity which has failed to comply with any rules of the Board or any terms and conditions of any lease or other agreement with the Board.

On lands in which the State owns less than the entire interest in the oil and gas estate, a lease will be issued by the Board covering the State's interest independent of the other co-owners.

The Wyoming Board of Land Commissioners may, without prior notice, withdraw specific lands from leasing for oil and gas when it appears reasonably necessary to protect the economic or environmental interests of the State's trust beneficiaries.

All leases resulting from winning bids will be issued on the lease form currently in effect as approved by the Wyoming Board of Land Commissioners as lessor; will be issued for a primary term of five (5) years; will be charged advance rental of $1.00 per acre per year; and, will be subject to a royalty rate of 16.67% of the total consideration received for state production.

There is no assurance that there is any potential for production on any tract offered for leasing by the Wyoming Board of Land Commissioners.

Lease Stipulations

The Wyoming Board of Land Commissioners may condition the issuance of any oil and gas lease upon specific stipulations for the protection of the public, the environment, the waters of the State, historical, archeological or paleontological materials, the wildlife resources, or any of the subsurface or surface resources of the State. Summary of stipulations can be found on the attached Standard Stipulation guide.

Successful Bidder Notification

After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.

Payment must be made within two business days.

Buyer Premium

A 2% Buyer Premium, calculated as 2% of the total bonus, will be added to the cost of this lease.

Wyoming Office of State Lands and Investments Points of Contact

Mineral Leasing Supervisor
Richard Shanor

Email
richard.shanor@wyo.gov

Office
(307) 777-6635


Lands Management Specialist
Dianna L. Wolvin

Email
dianna.wolvin@wyo.gov

Office
(307) 777-6625

EnergyNet Point of Contact

Government Resources
Email
government@energynet.com

Office
(877) 351-4488

Bid History (All)

Bidder

Placed

Amount

Bidder #27

11/9/2020 3:13:10 PM

$216

Bidder #46

11/10/2020 9:17:05 AM

$215

Bidder #27

11/9/2020 3:13:10 PM

$212

Bidder #46

11/10/2020 9:16:41 AM

$211

Bidder #27

11/9/2020 3:13:10 PM

$208

Bidder #46

11/10/2020 9:16:27 AM

$207

Bidder #27

11/9/2020 3:13:10 PM

$153

Bidder #46

11/9/2020 4:19:34 PM

$152

Bidder #27

11/9/2020 3:13:10 PM

$151

Bidder #46

11/9/2020 4:19:27 PM

$150

Bidder #27

11/9/2020 3:13:10 PM

$149

Bidder #46

11/9/2020 4:19:09 PM

$148

Bidder #27

11/9/2020 3:13:10 PM

$147

Bidder #46

11/9/2020 4:19:07 PM

$146

Bidder #27

11/9/2020 3:13:10 PM

$145

Bidder #46

11/9/2020 4:19:05 PM

$144

Bidder #27

11/9/2020 3:13:10 PM

$143

Bidder #46

11/9/2020 4:19:03 PM

$142

Bidder #27

11/9/2020 3:13:10 PM

$141

Bidder #46

11/9/2020 4:19 PM

$140

Bidder #27

11/9/2020 3:13:10 PM

$139

Bidder #46

11/9/2020 4:18:57 PM

$138

Bidder #27

11/9/2020 3:13:10 PM

$137

Bidder #46

11/9/2020 4:18:55 PM

$136

Bidder #27

11/9/2020 3:13:10 PM

$135

Bidder #46

11/9/2020 4:18:53 PM

$134

Bidder #27

11/9/2020 3:13:10 PM

$133

Bidder #46

11/9/2020 4:18:51 PM

$132

Bidder #27

11/9/2020 3:13:10 PM

$131

Bidder #46

11/9/2020 4:18:48 PM

$130

Bidder #27

11/9/2020 3:13:10 PM

$129

Bidder #46

11/9/2020 4:18:46 PM

$128

Bidder #27

11/9/2020 3:13:10 PM

$127

Bidder #46

11/9/2020 4:18:44 PM

$126

Bidder #27

11/9/2020 3:13:10 PM

$125

Bidder #46

11/9/2020 4:18:41 PM

$124

Bidder #27

11/9/2020 3:13:10 PM

$123

Bidder #46

11/9/2020 4:18:39 PM

$122

Bidder #27

11/9/2020 3:13:10 PM

$121

Bidder #46

11/9/2020 4:18:37 PM

$120

Bidder #27

11/9/2020 3:13:10 PM

$119

Bidder #46

11/9/2020 4:18:34 PM

$118

Bidder #27

11/9/2020 3:13:10 PM

$117

Bidder #46

11/9/2020 4:18:28 PM

$116

Bidder #27

11/9/2020 3:13:10 PM

$115

Bidder #46

11/9/2020 4:15:21 PM

$114

Bidder #27

11/9/2020 3:13:10 PM

$113

Bidder #46

11/9/2020 4:15:13 PM

$112

Bidder #27

11/9/2020 3:13:10 PM

$111

Bidder #46

11/9/2020 4:14:22 PM

$110

Bidder #27

11/9/2020 3:13:10 PM

$102

Bidder #46

11/9/2020 4:12:33 PM

$101

Bidder #27

11/9/2020 3:13:10 PM

$76

Bidder #46

11/9/2020 4:10:48 PM

$75

Bidder #27

11/9/2020 3:13:10 PM

$53

Bidder #46

11/9/2020 4:09:01 PM

$52

Bidder #27

11/9/2020 3:13:10 PM

$37

Bidder #46

11/9/2020 4:07:31 PM

$36

Bidder #27

11/9/2020 3:13:10 PM

$21

Bidder #46

11/9/2020 4:07:07 PM

$20

Bidder #27

11/9/2020 3:13:10 PM

$11

Bidder #46

11/9/2020 4:06:21 PM

$10

Bidder #27

11/9/2020 3:13:10 PM

$3

Bidder #46

11/9/2020 4:05:08 PM

$2

Bidder #27

11/9/2020 3:13:10 PM

$1