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NOTICE OF OIL AND GAS LEASE SALE
(ODWC)
BY SEALED WRITTEN OR ONLINE BIDS TO BE OPENED AT 11:00 A.M.
SALE DATE: 1/21/2015
THE STATE OF OKLAHOMA FOR DEPARTMENT OF WILDLIFE CONSERVATION invites bids for Oil and Gas Leases upon the
following terms covering the tracts of land described in this Notice.
Bids may be made in writing or online by accessing www.clo.ok.gov.
Written Bids: Written bids must be submitted on bid forms provided by the Commissioners of the Land Office, managing
agent for the Department of Wildlife Conservation, and enclosed in a sealed envelope containing the following notation on the
outside front face of the envelope "Bids for CLO Oil and Gas Lease Sale" and the date of the sale. Bids which are mailed must
be enclosed in another envelope and addressed to the CLO at the address provided below.
Written bids must be mailed or hand-delivered on or before the time and date of the sale to:
The Commissioners of the Land Office
120 N Robinson Suite 1000W
Oklahoma City, Oklahoma 73102-7749
All written bids received prior to 11:00 A.M. on the date of sale will be publicly opened and announced. Late bids received
after 11:00 A.M. on the date of sale will be rejected and not considered.
Electronic Bids: Alternatively, electronic online bids may be made in accordance with the requirements, terms, and conditions
contained on the Online Bidding tab of the CLO website at www.clo.ok.gov. Bidders must be registered and approved by the
CLO before they may place an online bid.
All online bids must be placed on or before 10:30 A.M. on the date of the sale. Any online bid received after 10:30 A.M. will be
rejected and not considered.
ALL BIDS WILL BE OPENED AT 11:00 A.M. ON THE DATE OF THE SALE.
Leases will be awarded to the bidder of the highest cash bonus, if accepted.
TERMS AND CONDITIONS OF SALE: The Lease will be on a form prescribed by the CLO for a term of three years, and as may
be extended, and will provide for 1/5th royalty, and an annual delay rental of $1.00 per net acre to be paid in full before lease is
issued, in addition to lease bonus. Bids shall be for a cash bonus for each tract, but no bid of less than $5.00 per acre will be
considered. Each bid must be accompanied by a remittance in the amount of 25% of bid as earnest money. Earnest money
remittances made by unsuccessful bidders will be returned to them. The successful bidder shall be liable for the full amount
of the bid, all delay rentals and cost of advertising. Full payment is due 30 days from the date of acceptance of the bid.
Failure to comply with any of the terms and conditions of sale will be grounds for the cancellation of the award and the
retention of the deposit of earnest money as liquidated damages at the election of the Secretary.
The Department of Wildlife Conservation, the Commissioners of the Land Office, and the State of Oklahoma make no warranty
of title and reserve the right to reject any and all bids.
NOTE: The lease shall be a Non-Surface Operational Lease. No surface operations of any kind shall take place upon the lands
leased without written permission of the Oklahoma Department of Wildlife Conservation.
IMPORTANT: Separate bids and earnest money deposits are required on each tract if you are bidding
on more than one tract.
PLEASE ENCLOSE ALL WRITTEN BIDS IN ONE "9 x 12" ENVELOPE.
PLEASE DO NOT FOLD BIDS OR USE STAPLES.
Bid Forms are available at www.clo.ok.gov
Note: The M.R. % column refers to percentage of the mineral interest offered for each tract.
CURRENT RULES PROVIDE THAT ALL OIL AND GAS BIDS BECOME FINAL AT DATE AND TIME OF BID OPENING
TRACT COUNTY LEGAL DESCRIPTION SEC TWP RGE M. R. % GROSS ACS NET ACS
1 OKMULGEE Lot 3 04-13N-12EIM 100.00 % 41.69 41.69
2 OKMULGEE N/2 SE/4 NW/4 04-13N-12EIM 100.00 % 20.00 20.00
3 OKMULGEE S/2 SE/4 NW/4 04-13N-12EIM 25.00 % 20.00 5.00
4 OKMULGEE E/2 SW/4 NW/4 04-13N-12EIM 100.00 % 20.00 20.00
5 OKMULGEE NE/4 SW/4 04-13N-12EIM 25.00 % 40.00 10.00
6 OKMULGEE NW/4 SW/4 04-13N-12EIM 25.00 % 40.00 10.00
7 OKMULGEE W/2 SE/4 SW/4 04-13N-12EIM 25.00 % 10.00 2.50
8 OKMULGEE SW/4 SW/4 04-13N-12EIM 25.00 % 40.00 10.00
9 OKMULGEE Lot 3 05-13N-12EIM 100.00 % 41.33 41.33
10 OKMULGEE SE/4 NW/4 05-13N-12EIM 100.00 % 40.00 40.00
11 OKMULGEE NE/4 SE/4 05-13N-12EIM 100.00 % 40.00 40.00
12 OKMULGEE NW/4 SE/4 05-13N-12EIM 100.00 % 40.00 40.00
13 OKMULGEE SE/4 SE/4 05-13N-12EIM 100.00 % 40.00 40.00
Object Description
| Okla State Agency | Land Office, Oklahoma Commissioners of the |
| Agency Division | Minerals Management Division |
| Okla Agency Code | '410' |
| Title | Notice of Department of Wildlife Conservation oil and gas lease sale, 01/21/2015 |
| Alternative title | ODWC Oil and Gas Lease Sale Notice 11/05/2014 |
| Publication Date | 2014-12-09 |
| Frequency | Irregular |
| Publication Type |
Financial Report |
| For all issues click | L700.6 N912 |
| ODL electronic copy | Filed through Documents.OK.Gov submissions system. |
| Rights and Permissions | This Oklahoma state government publication is provided for educational purposes under U.S. copyright law. Other usage requires permission of copyright holders. |
| Language | English |
| Month/year uploaded | May 2015 |
| Date created | 2015-06-04 |
| Date modified | 2015-06-04 |
Description
| Title | Page 1 |
| Full text | Page 1 of 2 NOTICE OF OIL AND GAS LEASE SALE (ODWC) BY SEALED WRITTEN OR ONLINE BIDS TO BE OPENED AT 11:00 A.M. SALE DATE: 1/21/2015 THE STATE OF OKLAHOMA FOR DEPARTMENT OF WILDLIFE CONSERVATION invites bids for Oil and Gas Leases upon the following terms covering the tracts of land described in this Notice. Bids may be made in writing or online by accessing www.clo.ok.gov. Written Bids: Written bids must be submitted on bid forms provided by the Commissioners of the Land Office, managing agent for the Department of Wildlife Conservation, and enclosed in a sealed envelope containing the following notation on the outside front face of the envelope "Bids for CLO Oil and Gas Lease Sale" and the date of the sale. Bids which are mailed must be enclosed in another envelope and addressed to the CLO at the address provided below. Written bids must be mailed or hand-delivered on or before the time and date of the sale to: The Commissioners of the Land Office 120 N Robinson Suite 1000W Oklahoma City, Oklahoma 73102-7749 All written bids received prior to 11:00 A.M. on the date of sale will be publicly opened and announced. Late bids received after 11:00 A.M. on the date of sale will be rejected and not considered. Electronic Bids: Alternatively, electronic online bids may be made in accordance with the requirements, terms, and conditions contained on the Online Bidding tab of the CLO website at www.clo.ok.gov. Bidders must be registered and approved by the CLO before they may place an online bid. All online bids must be placed on or before 10:30 A.M. on the date of the sale. Any online bid received after 10:30 A.M. will be rejected and not considered. ALL BIDS WILL BE OPENED AT 11:00 A.M. ON THE DATE OF THE SALE. Leases will be awarded to the bidder of the highest cash bonus, if accepted. TERMS AND CONDITIONS OF SALE: The Lease will be on a form prescribed by the CLO for a term of three years, and as may be extended, and will provide for 1/5th royalty, and an annual delay rental of $1.00 per net acre to be paid in full before lease is issued, in addition to lease bonus. Bids shall be for a cash bonus for each tract, but no bid of less than $5.00 per acre will be considered. Each bid must be accompanied by a remittance in the amount of 25% of bid as earnest money. Earnest money remittances made by unsuccessful bidders will be returned to them. The successful bidder shall be liable for the full amount of the bid, all delay rentals and cost of advertising. Full payment is due 30 days from the date of acceptance of the bid. Failure to comply with any of the terms and conditions of sale will be grounds for the cancellation of the award and the retention of the deposit of earnest money as liquidated damages at the election of the Secretary. The Department of Wildlife Conservation, the Commissioners of the Land Office, and the State of Oklahoma make no warranty of title and reserve the right to reject any and all bids. NOTE: The lease shall be a Non-Surface Operational Lease. No surface operations of any kind shall take place upon the lands leased without written permission of the Oklahoma Department of Wildlife Conservation. IMPORTANT: Separate bids and earnest money deposits are required on each tract if you are bidding on more than one tract. PLEASE ENCLOSE ALL WRITTEN BIDS IN ONE "9 x 12" ENVELOPE. PLEASE DO NOT FOLD BIDS OR USE STAPLES. Bid Forms are available at www.clo.ok.gov Note: The M.R. % column refers to percentage of the mineral interest offered for each tract. CURRENT RULES PROVIDE THAT ALL OIL AND GAS BIDS BECOME FINAL AT DATE AND TIME OF BID OPENING TRACT COUNTY LEGAL DESCRIPTION SEC TWP RGE M. R. % GROSS ACS NET ACS 1 OKMULGEE Lot 3 04-13N-12EIM 100.00 % 41.69 41.69 2 OKMULGEE N/2 SE/4 NW/4 04-13N-12EIM 100.00 % 20.00 20.00 3 OKMULGEE S/2 SE/4 NW/4 04-13N-12EIM 25.00 % 20.00 5.00 4 OKMULGEE E/2 SW/4 NW/4 04-13N-12EIM 100.00 % 20.00 20.00 5 OKMULGEE NE/4 SW/4 04-13N-12EIM 25.00 % 40.00 10.00 6 OKMULGEE NW/4 SW/4 04-13N-12EIM 25.00 % 40.00 10.00 7 OKMULGEE W/2 SE/4 SW/4 04-13N-12EIM 25.00 % 10.00 2.50 8 OKMULGEE SW/4 SW/4 04-13N-12EIM 25.00 % 40.00 10.00 9 OKMULGEE Lot 3 05-13N-12EIM 100.00 % 41.33 41.33 10 OKMULGEE SE/4 NW/4 05-13N-12EIM 100.00 % 40.00 40.00 11 OKMULGEE NE/4 SE/4 05-13N-12EIM 100.00 % 40.00 40.00 12 OKMULGEE NW/4 SE/4 05-13N-12EIM 100.00 % 40.00 40.00 13 OKMULGEE SE/4 SE/4 05-13N-12EIM 100.00 % 40.00 40.00 |
| Date created | 2015-06-04 |
| Date modified | 2015-06-04 |
