Heather Fugger
Created Apr 17, 2023How to bid on Oklahoma CLO Oil & Gas Leases
State of Oklahoma Commissioner of Land Office Oil and Gas Leases are per tract, and not per acre.
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Click on Place a Bid
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Click on Sealed Bid
Enter the sealed bid amount for the tract (not per acre).
When bidding on a sealed bid parcel, enter the bid amount to display the Amount Due at Closing calculation amount.
Bids may not be withdrawn, retracted, or reduced.
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Type password
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Click on Place Sealed Bid
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A green banner will appear confirming the receipt of the sealed bid.
An email will be sent to the email address on file to confirm the bid has been accepted, however, no amounts will be listed in the email. It is recommended to take a screen shot of the page once the bid has been placed. The sealed bid will not otherwise be visible as activity in the user's account, as sealed bids are encrypted. A user may outbid themselves, if multiple bids are submitted.
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The OK CLO will review sealed bids and provide EnergyNet with permission to invoice bidders within two business days.
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