EnergyNet is pleased to announce that the state of North Dakota has retained EnergyNet's services to develop and host an online auction for the state's offering of oil and gas leases in Dunn County, North Dakota.The information is at this site.
All tracts will be posted on the EnergyNet website on November 8th, 2011 at 10:00 AM CST. A 23 day due diligence period begins for all tracts on November 8th, 2011 at 10:00 AM CST. The one-week online auction bidding period for all tracts will begin at 3:00 PM CST on December 1st, 2011 and close between 3:00 and 3:15 PM CST on December 8th, 2011. Specific opening and closing times for each tract will be listed on the website.
Again, the data points:
- view tracts beginning November 8, 2011, on-line
- 23-day viewing period
- one-week auction begins December 1, 2011, 3:00 p.m. CST
- one-week auction ends December 8, 2011, 3:15 p.m. CST