Quarterly Lease Sales -- North Dakota -- February, 2019

North Dakota lease sales.

On-line.

February, 2019.

Link here.

Dunn County (FBIR)

• six tracts
• all tracts were 80-acre parcels
• bonus range: $97 - $302/acre (a real steal)
• bidders: Beat Land Services (4); Lynx Oil; Northern Energy Corp

Golden Valley County (southwest North Dakota)

• four tracts
• all tracts were 160-acre parcels
• bonus range: $106 - $130/acre
• bidders: Northern Energy Corp (3); Lynx Oil

McKenzie County (Watford City)

• four tracts
• all tracts were 160-acre parcels
• bonus range: $276 - $918/acre
• bidder: Empire Oil Company (4)

McLean County (Minot)

• two tracts
• one tract: 77.24 acres -- bonus: $316/acre
• one tract: 5.39 acres -- bonus: $1,509/acre
• biddes: David L Herbaly as trustee of a family trust; Lynx Oil Company (the 5.39 parcel)

Mountrail Ccounty (Parshall)

• two tracts, both 8-acre parcels
• bonus: one at $251/acre and the other at $487/acre
• bidders: Eugene Lewis; Western Shale Corporation