SOLD
Registration Status:
Please log in as a buyer to view registration status.
Your Bid Status:
You have not bid on this lot
Tract:
OG2100134
Gross Acres:
76.23
Net Acres:
38.12
Time Remaining:
Auction has ended
Start Time:
10/26/2021 9:22 AM MDT / 10:22 AM CDT
End Time:
11/2/2021 9:22 AM MDT / 10:22 AM CDT
Your Bid:
-
Highest Bid:
$221/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$8,877.86
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T158N, R101W
Sec. 7: SE4SW4, LOT 4
Tract Details
Lease No.
OG2100134
County, State
Williams, ND
Legal Description
T158N, R101W
Sec. 7: SE4SW4, LOT 4
Gross Acres
76.23
Net Acres
38.12
Royalty Rate
3/16th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$190.60
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 #506
11/2/2021 9:51:59 AM
$221
Bidder #976
11/2/2021 10:21:56 AM
$220
Bidder #506
11/2/2021 9:51:59 AM
$157
Bidder #551
11/2/2021 10:21:23 AM
$156
Bidder #506
11/2/2021 9:51:59 AM
$124
Bidder #551
11/2/2021 10:21:02 AM
$123
Bidder #506
11/2/2021 9:51:59 AM
$112
Bidder #312
11/2/2021 10:20:52 AM
$111
Bidder #506
10/29/2021 10:54:34 AM
$103
Bidder #312
11/1/2021 2:57:11 PM
$102