SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG2100003
Gross Acres:
158.04
Net Acres:
79.02
Time Remaining:
Auction has ended
Start Time:
1/26/2021 8:04 AM MST / 9:04 AM CST
End Time:
2/2/2021 8:04 AM MST / 9:04 AM CST
Your Bid:
-
Highest Bid:
$130/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$10,985.88
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T161N, R93W
Sec. 19: E2SW4, LOTS 3,4
Tract Details
Lease No.
OG2100003
County, State
Burke, ND
Legal Description
T161N, R93W
Sec. 19: E2SW4, LOTS 3,4
Gross Acres
158.04
Net Acres
79.02
Royalty Rate
1/6th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$395.10
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Offset Activity
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 3% Buyer Premium, calculated as 3% of the total bonus, will be added to the cost of this lease.
North Dakota Department of Trust Lands Point of Contact
EnergyNet Points of Contact
Government Resources
Email
government@energynet.com
Office
(877) 351-4488
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #3
2/2/2021 9:03:56 AM
$130
Bidder #11
2/2/2021 9:03:58 AM
$129
Bidder #3
2/2/2021 9:03:56 AM
$56
Bidder #2
2/2/2021 9:03:56 AM
$55
Bidder #11
2/1/2021 10:02:04 PM
$28