Amarillo, Texas-EnergyNet, an online auction service, said April 13 that the State of North Dakota has retained it to develop and host an online auction for the state’s offering of potash leases and associated subsurface minerals in Burke County, N.D. The state has given notice that the leases are available for online research at EnergyNet.com, subsequently opening for bids online. Sale information is available at the following URL: http://gov.energynet.com. The two-week due diligence period for all tracts started April 12, 2011, at 10:00 a.m. CDT. The one-week online auction bidding period for all tracts will begin at 10:00 a.m. CDT April 26, 2011. Specific opening and closing times for each tract are listed on the Web site.
Transparency Across the Fertilizer Value-Chain