Thursday, January 26, 2012

Results of BLM Lease Sales -- January 24, 2012 -- Some Parcels for $9,700/Acre

The map.

The results.

BLM.GOV press release.

Eye-popping, selected:
  • Parcel #5: 80 acres; $8,300/acre; total -- $660,000. ----Sierra Resources
  • Parcel #15: 39 acres; $3,300/acre; total -- $128,700. -- Davis Exploration
  • Parcel #16: 40 acres; $9,700/acre; total -- $388,000. -- Marshall & Winston
  • Parcel #17: 160 acres; $4,700/acre; total --$752,000. -- KOG
  • Parcel #18: 480 acres; $3,500/acre; total -- $1.12 million. --- Davis Exploration
  • Parcel #19: 40 acres; $6,800/acre; total -- $272,000. --- Davis Exploration
  • Parcel #20: 40 acres; $8,100/acre; total -- $324,000. --- TDB Resources
  • Parcel #21: 160 acres: $2,200/acre; total -- $352,000. - SM Energy
  • Parcel #22: 18 acres; $2,800/acre; total -- $50,400. ---- CLR
  • Parcel #26: 2 acres; $4,900/acre; total ---- $9,800. ------- Nova NRG
  • Parcel #30: 643 acres; $3,100/acre; total -- $2 million --- CLR
It looks like CLR picked up about 7,221 acres.

The following best enjoyed with volume at twice normal:



Finders, Keepers, Tom Stormy Trio Featuring Rhythm Sophie

2 comments:

  1. what's the going rate for acreage bonus' in montana? in particular Roosevelt County? Do you think it will go up in the next leasing cycle?

    ReplyDelete
    Replies
    1. Hopefully someone else will answer; I do not follow the Montana side of the Bakken closely enough to comment.

      Delete

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