AUCTION CANCELLED
Registration Status:
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Your Bid Status:
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Tract:
LST FH0283
Estimated Acres:
5,760
Time Remaining:
Auction has ended
Start Time:
10/15/2021 8:00 AM AKDT / 11:00 AM CDT
End Time:
10/28/2021 4:00 PM AKDT / 7:00 PM CDT
Minimum Bid:
$5 per acre
Total Tract Cost at Minimum Bid:
$29,376
(Bonus + Buyer Premium)
Legal Description:
T. 4 S., R. 10 E.;
Umiat Meridian
Sec. 1, 2, 3, 10, 11, 12, 13, 14, 15
Tract Details
Lease Name
LST FH0283
Borough, State
North Slope, AK
Legal Description
T. 4 S., R. 10 E.;
Umiat Meridian
Sec. 1, 2, 3, 10, 11, 12, 13, 14, 15
Primary Lease Term
10 Years
Estimated Acreage
5,760
Rental Per Acre Year 1
$1.00
Royalty
12.50000%
Lease Form Information
This LST is offered subject to the following:
Lease Form DOG 202104 (https://dog.dnr.alaska.gov/Documents/Leasing/SaleDocuments/NorthSlopeFoothills/2021F/2021-04-21_Lease_Form_DOG_202104.pdf) and Sale Documents (https://dog.dnr.alaska.gov/Documents/Leasing/SaleDocuments/NorthSlopeFoothills/2021F/2021-09-15_Sale_Instructions_Areawide_Information_FHA_2021F.pdf)
More information on this LST is available at http://dnr.alaska.gov/projects/las/Case_Detail.cfm?FileType=LST&FileNumber=FH0283
Mitigation Measures
The applicable mitigation measures for this LST are for the North Slope Foothills Areawide, Effective June 24, 2021. More information may be found at
https://dog.dnr.alaska.gov/Documents/Leasing/SaleDocuments/NorthSlopeFoothills/2021F/2021-06-24_Mitigation_Measures_FHA.pdf
Record District & Local Government
Record District: Barrow
Local Government: North Slope Borough
Offset Activity
Remittance Due Notification
Upon close of bidding, each bidder will be notified via email with closing instructions, including total amount due.
Within six (6) days, you must pay the Bid Deposit (20% of the bonus bid), to the Alaska DNR.
Buyer Premium
A 2.0% Buyer Premium, calculated as 2.0% of the total bonus, will be added to the cost of this lease.
Alaska DNR Point of Contact
Email
dog.leasing@alaska.gov
Phone
(907) 269-8800
EnergyNet Point of Contact