Sunday, March 8, 2015

North Dakota Oil And Gas Lease Sales Results, February, 2015

There may be typographical errors. If this information is important to you, go to the source. The link: http://www.land.nd.gov/minerals/mineralapps/auctions/auctionhistorysale.aspx.

Here are the February, 2015, results, with bonus dollars/acre:

Bottineau
  Several 80-acre parcels; mostly $1/acre; some as high as $35/acre.

Burke
Fair number of 80-acre parcels; many for $1/acre, but one 20-acre parcel for $675/acre; many parcels in the $300/acre range.

Divide
Mostly in $250 - $400 range; many under $50/acre
SM Energy and Diamond Resources jumps out at you 

Dunn
Almost all 80-acre parcels for $1/acre.

McKenzie
160-acre parcel, Empire Oil Company, $875/acre.
Otherwise not much.

Mountrail
An 80-acre parcel, Northern Energy Corporation, $400/acre.
A 20-acre parcel, Norwegian American Oil Corporation, $475/acre.

Stark
Mostly $1/acre parcels; a couple of $100/acre parcel exceptions.

Williams
One parcel, 80 acres, $33/acre, Northern Energy Corporation.

Almost all acreage bought by Northern Energy Corporation. Others:
  • Interwest Petroelum, Stark County, several parcels
  • Norwegian American Oil, Stark County, Mountrail County, a couple of parcels
  • White Butte Resources, one parcel
  • Trinity Western, one parcel
  • Cody Exploration, Mountrail County
  • Empire Oil, one parcel, McKenzie County
  • SM Energy and Diamond Resources in Divide County

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