SOLD
Registration Status:
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Your Bid Status:
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Tract:
OG2200027
Gross Acres:
160.00
Net Acres:
80.00
Time Remaining:
Auction has ended
Start Time:
1/25/2022 8:52 AM MST / 9:52 AM CST
End Time:
2/1/2022 8:52 AM MST / 9:52 AM CST
Your Bid:
-
Highest Bid:
$21/acre
Starting Bid:
$21/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$2,140.40
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T162N, R80W
Sec. 36: SE4
Tract Details
Lease No.
OG2200027
County, State
Bottineau, ND
Legal Description
T162N, R80W
Sec. 36: SE4
Gross Acres
160.00
Net Acres
80.00
Royalty Rate
1/6th
Lease Term
5 Years (Paid Up)
Rental/Acre (Per Year)
$1.00
Rental Due At Closing
$400.00
ND Administrative Fee
$10.00
Buyer Premium
3.00%
Important Notices Pertaining to North Dakota Department of Trust Land Lease Auctions
Offset Activity
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 #93
1/31/2022 7:46:29 PM
$21