Quarterly lease sales results have been released for August, 2019. Link here.
Billings County
- 8 parcels
- inexpensive parcels were 80-acre parcels
- expensive parcels were 8-acre parcels
- three parcels with bonuses of $5 / acre
- four parcels with bonuses between $750 and $802 / acre
- one parcel with a bonus for $1,001 / acre
- bidders: Great Plains Land Services; North Energy Corporation
- 473 tracts
- most tracts were 40-acre and 80-acre tracts
- almost all parcels bonuses for $1 / acre;
- Northern Energy Corp was the bidder for around 450 of the 473 tracts
- the dozen or so parcels not bought by Northern Energy Corp were by The Triple T (It Takes TIme); Yockim Resource Exploration Co; Anderson Oil Ltd; Inland Oil & Gas; Interwest Petroleum Corp; and, Kenneth O'Sullivan
- 4 parcels (see this post for graphic)
- all parcels bought by Enerplus Resources
- parcel size: 160 acres (2); 75 acres (2)
- bonus paid: $15,776 / acre
- parcels:
- Lots 1, 2 - section 16-148-95
- NW4 - section 16-148-95
- Lots 3, 4 - section 16-148-95
- SW4 - section 16-148-95
- 130 parcels
- almost all were 80-acre; and, 160-acre parcels
- bidders: almost all -- Northern Energy Corp
- bonus: almost all were $1.00 / acre
- a few parcels were bought by Interwest Petroleum Corp; The Armstrong Corp; and, Great Plains Land Services;
- 4 parcels
- parcel sizes: 160 acres (2); 138 acres; 24 acres
- bidders: Andesite Energy (3); Oasis
- bonuses paid by Andesite: $668 / acre; $700 / acre; and, $1,151 / acre
- Oasis paid $3,301 / acre for the 138-acre tract
- 1 parcel
- Northern Energy Corp
- 80-acre parcel
- bonus: $1,541 / acre
- 69 parcels
- almost all of them: The Triple T, Inc
- almost all 80-acre and 160-acre parcels
- bonuses: almost all were $1 or $2 / acre
- a few outliers, A Triple T, Inc, bonus of $23 / acre; $13 / acre; $12 / acre
- the three parcels not picked up by Triple T were picked up by Kenneth O'Sullivan;
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