CONTRACTAPPROVED

City of Sidney Awards Lease Contract to Phoenix Energy (February 2025)

City of Sidney
Approved
Feb 3, 2025
Term
5 year primary term, 3 year option

The 30-second brief

What it covers

City of Sidney approved an untabled Phoenix Capital Oil Lease. The city negotiated with Phoenix Energy to lease the mineral interest. With the help of Gordon Torgerson the royalty was negotiated from 17% to 18.75%.

Who holds it

Phoenix Energy holds this lease contract with City of Sidney. Its other public contracts on record include work for Town of Derry and Fremont County Solid Waste Disposal District.

What happens next

Term as filed: 5 year primary term, 3 year option.

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Contract details

Contract type
Lease
Document date
February 3, 2025
Term
5 year primary term, 3 year option
Source document
city-of-sidney-meeting-minutes-2025-02-03_5c5.pdf (Meeting Minutes)

Phoenix Energy's other public contracts

More City of Sidney contracts

Questions about this contract

Who was awarded the lease contract by City of Sidney?

Phoenix Energy was awarded this lease contract by City of Sidney, as recorded on February 3, 2025.

What type of contract is this?

This is a Lease contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-sidney-meeting-minutes-2025-02-03_5c5.pdf (Meeting Minutes), dated February 3, 2025 from City of Sidney. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Phoenix Energy hold?

Phoenix Energy may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Sidney currently buying?

Explore City of Sidney's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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