Quarterly Lease Sales Results For August, 2019 -- Bowman County; Golden Valley; Billings County Particularly Active; Dunn Went For $16,000 / Acre

President Trump looked into buying Greenland; it looks like Northern Energy Corporation is looking to buy Bowman County, North Dakota.

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

Bowman County

• 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

Dunn County

• 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

Golden Valley

• 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;

McKenzie County

• 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

Mountrail County

• 1 parcel
• Northern Energy Corp
• 80-acre parcel
• bonus: $1,541 / acre

Ward County (Minot)

• 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;