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Wednesday, September 13, 2023

Quarterly Lease Sales -- August 2023

Locator: 10001Lease8/23.

Note: this was done quickly; not proofread and not double-checked; there will be content and typographical errors. If this is important to you, go to the source.

North Dakota Trust Lands -- front page; start here.

Link here.

Billings County

  • ten units
  • mostly 160-acre units
  • bonuses: $2 / acre
  • bidders: Missouri River Royalty Corp

Burke County

  • six units
  • mostly 160-acre units
  • bonus: $256 to $1,112 (the latter for a 40-acre unit)
  • bidders: various, including Phoenix, Norra, Missouri River

Divide County

  • twenty units
  • split between 80-acre and 160-acre units
  • bonus: around $21
  • bidders: almost all Missouri River Royalty

Dunn County

  • two units
  • both were 80-acre units
  • bonus: $902 and $1,202
  • bidder: both Phoenix Capital Group Holdings

McKenzie County

  • twenty units
  • all 160-acre units
  • bonus: all less than $30; about half less than $5
  • bidder: all Missouri River Royalty

Mountrail County

  • two units
  • both 17-acre units
  • bonus: $1,928 and $1,970
  • bidder: both Phoenix Capital Group Holdings

Stark County

  • ten units
  • almost all 80-acre units
  • bonus: all less than $35

Williams County

  • eight units
  • 20-acre, 40-acre, 60-acre, and 80-acre units
  • bonus: around $125
  • bidder: Okreek Oil & Gas (6); Missouri River Royalty and Anderson Oil Ltd

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