Results of August, 2012, State Lease Sales; Warning

Warning: I am absolutely worn out with all my activities with the grandchildren over the past few days. We have been all over Los Angeles County and Orange County in southern California.  I am a bit burned out with all the 2Q12 earnings data. Therefore, I assume I will be making more typographical errors than usual. Proceed with caution. If something doesn't make sense, I probably made a mistake. Let me know.

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I had forgotten all about this. A reader reminded me; thank you.

The lease results:

• For all leases
• For August, 2012

This quarterly sale did not amount to much.

Some numbers rounded below:

The highest bonuses paid were in McKenzie County:

$10,500/acre for 22 acres
$8,250/acre for 62 acres
$8,100/acre for 165 acres
$8,000/acre of 230 acres

The best Divide County got was about $2,000/acre

No lease acres sold in Mountrail or Williams County; only 140 acres in Dunn County

Dollar totals:

Billings: $6,760 for 320 acres
Bottineau: $7,643 for 1,677 acres
Bowman: $170,483 for 1,907 acres
Divide: $7 million for 5,000 acres (numbers rounded)
Dunn: $24K for 140 acres
McKenzie: $4 million for 643 acres
Renville: $4,490 for 80 acres
Slope: $266,000 for 6,656 acres
Ward: $1,850 for 80 acres