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bid_evaluation_for_leesville_wildlife_area_carroll.pdf

Leesville Wildlife Area oil and gas lease awarded to Encino

$3,500/acre ($218,715) + 1/8 royalty on production + 5.5% Additional Economic IncentiveOhio Department of Natural ResourcesENCINO ACQUISITION PARTNERS OHIO LLCMarch 28, 2025

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

At its March 28, 2025 meeting, the Oil and Gas Land Management Commission awarded the lease for Leesville Wildlife Area in Carroll County to Encino Acquisition Partners Ohio, LLC. The contract features $3,500 per acre ($218,715 total), a 1/8 royalty on production, and a 5.5% additional economic incentive.

Contract Details

Contract Amount

$3,500/acre ($218,715) + 1/8 royalty on production + 5.5% Additional Economic Incentive

Vendor

ENCINO ACQUISITION PARTNERS OHIO LLC

Agency

Ohio Department of Natural Resources, OH

Contract Type

OTHER

Document Date

March 28, 2025

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