Offering No. 40

Wexford County

This offering of lease rights is made by the Minerals Management Section of the Michigan Department of Natural Resources. Additional information can be found here.

Overview - Offering 40

  • Opening Bid: $10 per acre
  • Bid Acres: 80
  • Parcel Count: 2
  • County: Wexford
  • Location: Section 10 T22N R10W
Back to Catalog

Auction Information

  • Auction Date: Thursday May 01, 2025
  • Bidding Starts: 9:00 am (EDT)
  • Bidding Ends: 1:00 pm (EDT)
Auction Guidelines Auction Catalog

Parcel Information

Stipulations Description Location Lease Acres Equity
69, 70 NE1/4 NW1/4 Sec 10 T22N R 10W 40.00 Mineral: 100.00%
Surface: 0.00%
70, 88 SE1/4 NW1/4 Sec 10 T22N R 10W 40.00 Mineral: 100.00%
Surface: 0.00%

Stipulations

Stipulation ID Stipulation Name Description
69 Limited Surface Disturbance-OG MIN ONLY To limit surface disturbance, any wells to be drilled on the leased premises shall be drilled from a single surface area. Upon the request of the Department’s Land Administering Division (LAD), the Lessee shall submit a proposed development plan to the LAD for the leased premises including a proposed surface area, access routes and pipeline corridors, with due regard to surface features, the relative location of other operations in the area, and applicable regulatory requirements. If Lessor reasonably determines that production on adjacent land creates the probability of drainage of oil and/or gas from State mineral land, additional surface locations may be considered.
70 Best Management Practices-OG MIN ONLY Best Management Practices along wetlands, waterways, or steep slopes as per Sustainable Soil and Water Practices on Forest Land IC 4011 (Rev. 06/01/2018 and as amended) and approved in writing by the Surface Owner and the Local Management Supervisor.
88 Development - USDA Forest Service Surface All other provisions of this lease notwithstanding, it is understood that the land described in this lease shall not be entered for any purpose whatsoever without first contacting the United States Department of Agriculture, (USDA) Forest Service and securing detailed instructions, stipulations, and permissions.

Bid on This Offering

You must be logged in and authorized in order to bid on this offering. Click here to login or register.