Results Of North Dakota's Quarterly Lease Auction; You Can Own A Piece Of The Bakken For $1/Acre; Raisa Energy Paid $20,000/Mineral Acre in Mountrail County -- August, 2016

Hardly worth noting.

Billings County

• almost all tracts for $1 / acre
• Wildcat Oil & Gas did pay $36 / acre for a 79-acre parcel

Burke County

• $170/acre for several parcels; buyer: Ancient Sunlight Resources, LLC

Divide County

• a few parcels; $50 - $55/acre

Dunn County

• a few parcels for $75/acre, but not much else

Golden Valley County

• $27 - $32 / acre; Petro-Sentinel, LLC; and, NP Resources, LLC

McKenzie County

• one 6.56 acre parcel for $450 / acre
• several parcels, $180 - $220
• many, many parcels for $1 / acre

Mountrail County

• Raisa Energy paid $20,500 - $20,800 for four parcels, each parcel under 75 acres
• see this post for more on Raisa Energy

Stark County

• many, many parcels, all below $10/acre
• most at $1 / acre

Ward County (Minot)

• many parcels, but all $1 / acre

Williams (Williston)

• five parcels; Liberty Resources II, LLC, paid $475/acre for four parcels;