Successful Competitive Lease Sales Since 1990, Montana

BLM Montana maintains records of coal lease sales duringt the year.  This table provides information about lease sales based on the Lease by Application (LBA) serial number, which is used to identify   and track applications.  Sometimes, the applicant is not the same as the final lessee because during the bidding process, someone may submit a larger bid than the applicant.

Data in this table may not add up to the state-specific totals listed on the BLM's national coal page because the national table includes information, such as lease modifications and relinquishments not included here.


LBA Serial Number

Applicant

Federal Register Notice

Acres Offered (per sale notice)

Tons Offered (per sale notice)

Successful Bid

$/ton

$/acre

Lessee (as issued)

Effective Date

NDM 078697

 Coteau Properties Co.

Vol.55, No.242 Pg. 52891

160.000

 2,900,000

16,000.00

 .01

 100.00

 Coteau Properties Co.

 4/1/1991

NDM 081582

 Coteau Properties Co.

Vol.59, No.134 Pg. 35946

 792.900

9,100,000

79,300.00

.01

 100.01

 Coteau Properties Co.

 1/1/1995

NDM 085515

 Coteau Properties Co.

Vol.62, No.44 Pg. 10289

 79.470

2,000,000

 8,000.00

 .00

 100.67

 Coteau Properties Co.

 7/1/1997

NDM 085517

 Coteau Properties Co.


Vol.62, No.44 Pg. 10289

398.790

5,610,000

39,900.00

 .01

 100.05

 Coteau Properties Co.

 7/1/1997

NDM 085537

 Coteau Properties Co.

Vol.62, No.44 Pg. 10289

 160.000

510,000

8,000.00

 .02

 50.00

 Coteau Properties Co.

7/1/1997

NDM 085516

 Falkirk Mining Co.

Vol.62, No.44 Pg. 10289

 158.750

 1,750,000

15,900.00

 .01

 100.16

 Falkirk Mining Co.

7/1/1997

NDM 086601

 Knife River Corp.

Vol.63, No.166 Pg. 45854

 360.000

 6,210,000

 36,000.00

 .01

 100.00

 Knife River Corporation

 1/1/1999

MTM 080697

 Western Energy Co.

 Vol.64, No.94 Pg. 26772

 1,401.000

27,600,000

4,416,000.00

 .16

 3,152.03

 Western Energy Co.

 10/1/1999

MTM 088405

 Spring Creek Coal Co.

Vol.63, No.151 Pg. 42059

 150.000

 15,400,000

 1,740,200.05

 .11

 11,601.33

 Spring Creek Coal Co.

 4/1/2001

NDM 090783

 Coteau Properties Co.

Vol.66, No.246 Pg. 65983

 502.800

7,000,000

50,280.00

 .01

 100.00

 Coteau Properties Co.

 6/1/2002

NDM 091647

 Falkirk Mining Co.

Vol.67, No.202 Pg. 64407

 40.000

300,000

 4,000.00

 .01

 100.00

 Falkirk Mining Co.

 5/1/2003

NDM 091535

 Coteau Properties Co.

 

Vol.71, No.37 Pg. 9593

 5,334.000

89,000,000

 533,400.00

 .01

 100.00

 Coteau Properties Co.

 6/1/2006

NDM 095104

 BNI Coal Ltd.

Vol.71, No.160 Pg. 47825

 320.000

8,300,000

32,000.00

 .00

 100.00

 BNI Coal Ltd.

 5/1/2007

MTM 094378

 Spring Creek Coal Co.

 Vol.72, No.61 Pg. 15152

 1,117.700

 108,600,000

 19,902,200.00

 .18

 17,806.39

 Spring Creek Coal Co.

 12/1/2007

NDM 097633 

 BNI Coal Ltd.

 
Vol.74, No.173 Pg. 46452

 160.000

 3,000,000

 16,000.00

 .01

 100.00

 BNI Coal Ltd. - Center Mine

 1/1/2010

MTM 097988

 Signal Peak Energy LLC

 Vol.77, No.10 Pg. 2316

 2,679.860

 35,500,000

 10,650,000.00

 .30

 3,974.09

 Signal Peak Energy LLC

 6/1/2012

Source:  Lease sales data are from BLM Montana.  For additional information, please contact the BLM Montana state office.

Definitions used in this table

Lease by Application (LBA) Serial Number:  A unique application identifier assigned by the BLM for processing the application.  Under an LBA, an application from the public to lease a particular tract of coal is submitted.

Applicant:  The applicant is the person, association, or corporation requesting the right to mine Federal coal through an LBA.  Applicants pay for BLM processing and work with the BLM through the application process.  Applicants shall meet the qualifications required in 43 CFR 3472.  Note that the applicant is not necessarily the lessee, who is the successful bidder.

Lessee (as issued):  The successful bidder for a lease who has entered into a contract with the BLM to develop Federal coal.  The successful bidder is determined by the highest bid that meets or exceeds the pre-sale Fair Market Value estimate, and has been determined to be qualified under 43 CFR 3472 to hold a lease.

Acres Offered (per sale notice):  The acres offered is the number published in the Federal Register lease sale notice or in the detailed statement of the terms and conditions of the lease provided prior to the sale.

Tons Offered (per sale notice):  The tons offered is the quantity of coal listed normally as recoverable reserve (sometimes provided as minable reserves) published in the Federal Register lease notice or in the detailed statement of the terms and conditions of the lease provided prior to the sale.  See 43 CFR 3480.0-5 for definitions of recoverable coal reserves and minable reserve base.

Successful Bid:  The amount of the bonus bid offered for a lease tract for the purpose of obtaining the right to explore and develop Federal coal.      

Effective Date:  The date the coal lease becomes effective. A lease normally becomes effective the first day of the month following the lease signature.