Offering No. 57
Otsego 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 on the DNR's minerals resource page.
Overview - Offering 57
Winning Bid: $10.00 - sca*****r |
Auction Information
| Auction Guidelines | Auction Catalog | Auction Stipulations |
Parcel Information
| Stipulations | Description | Location | Lease Acres | Equity |
|---|---|---|---|---|
| 20 | NE1/4 SW1/4 | Sec 19 T29N R 03W | 40.00 |
Mineral: 100.00% Surface: 100.00% |
| 15, 20 | NW1/4 SW Frac'l 1/4 | Sec 19 T29N R 03W | 19.65 |
Mineral: 100.00% Surface: 100.00% |
| 15 | SE1/4 SW1/4 | Sec 19 T29N R 03W | 40.00 |
Mineral: 100.00% Surface: 100.00% |
| 15, 20 | SW1/4 SW Frac'l 1/4 | Sec 19 T29N R 03W | 19.66 |
Mineral: 100.00% Surface: 100.00% |
Stipulations
| Stipulation ID | Stipulation Name | Description |
|---|---|---|
| 15 | Limited Surface Disturbance-OG FEE | To limit surface disturbance, any wells to be drilled on the leased premises shall be drilled from a single surface area that is acceptable to and approved by the Lessor. The Lessee shall submit a proposed development plan 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. The Lessee may not drill any well on the leased premises without first obtaining an approval from the Lessor. Approval shall not be unreasonably withheld. 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. |
| 20 | Use Existing Well Pad | All other provisions of this lease notwithstanding, it is further understood that existing well pads shall be used for drilling unless otherwise authorized by the Department of Natural Resources' Land Manager. |
Bid on This Offering
You must be logged in and authorized in order to bid on this offering. Log in or register.