SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
OG2100091
Gross Acres:
146.44
Net Acres:
73.22
Time Remaining:
Auction has ended
Start Time:
7/27/2021 8:42 AM MDT / 9:42 AM CDT
End Time:
8/3/2021 8:42 AM MDT / 9:42 AM CDT
Your Bid:
-
Highest Bid:
$505/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$38,461.48
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T155N, R104W
Sec. 3: E2NE4, LOTS 1, 2
Tract Details
Lease No.
OG2100091
County, State
Williams, ND
Legal Description
T155N, R104W
Sec. 3: E2NE4, LOTS 1, 2
Gross Acres
146.44
Net Acres
73.22
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$366.10
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Seller Acquisition Agreement(s)
The North Dakota Department of Trust Lands Forms and Policies may be found at www.land.nd.gov/surface-minerals-management/mineral-auctions/forms-and-policies.
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
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #345
8/2/2021 8:02:52 PM
$505
Bidder #146
8/3/2021 9:41:52 AM
$504
Bidder #345
8/2/2021 8:02:52 PM
$422
Bidder #146
8/3/2021 9:40:31 AM
$421
Bidder #345
8/2/2021 8:02:52 PM
$370
Bidder #49
8/2/2021 8:54:30 PM
$369
Bidder #345
8/2/2021 8:02:52 PM
$330
Bidder #49
8/2/2021 8:54:15 PM
$329
Bidder #345
8/2/2021 8:02:52 PM
$224
Bidder #49
8/2/2021 8:51:22 PM
$223