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Auction has ended
6/1/2022 1:58 PM MDT / 2:58 PM CDT
6/7/2022 1:58 PM MDT / 2:58 PM CDT
Total Cost at Highest Bid:
(Bonus + Agency Fees + Advanced Rental + 2% Buyer Premium)
Sec. 16 ALL
Sec. 16 ALL
Rental/Acre (Per Year)
MT Administrative Fee
This tract has received a nomination for $1.50/acre per year rental. If no other bids are received, this tract will be awarded to the nominator in accordance with the State of Montana DNRC rules and regulations.
Delayed Drilling Penalty (DDP)
|Delayed Drilling Penalty||Amount/Acre/Year|
|6th Year DDP (Delayed Drilling Penalty)||$1.25|
|7th thru 10th Year DDP||$2.50|
Successful Bidder Notification
When the bids are accepted by the State of Montana DNRC, the successful bidder will be notified via email with closing instructions, including total amount due.
Payment must be made within two business days.
A 2% Buyer Premium, calculated as 2% of the total bid amount, will be added to the cost of this lease.
State of Montana DNRC Point of Contact
Mineral Leasing Specialist
EnergyNet Point of Contact
Bid History (Top 10)
6/7/2022 9:32:23 AM