The State of North Dakota has Retained EnergyNet, Inc. to Auction Potash and Associated Subsurface Mineral Leases

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Apr 13, 2011, 10:32 ET

AMARILLO, Texas, April 13, 2011 /PRNewswire/ -- (www.energynet.com) – EnergyNet is pleased to announce that the State of North Dakota has retained EnergyNet's services to develop and host an online auction for the state's offering of potash leases and associated subsurface minerals in Burke County, North Dakota. 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

(Logo: http://photos.prnewswire.com/prnh/20110413/DA82174LOGO)

The sale group list is posted on the EnergyNet website. The two-week due diligence period for all tracts starts today, April 12, 2011 at 10:00am CDT. The one-week online auction bidding period for all tracts will begin 10:00 AM CDT on April 26, 2011. Specific opening and closing times for each tract are listed on the website.

"EnergyNet is elated to assist the State of North Dakota with this first-ever online auction of subsurface mineral leases," says Bill Britain, EnergyNet President and CEO. "We look forward to a continued mutually beneficial relationship with the State of North Dakota."

Bidders/Viewers may register and prequalify for bidding on EnergyNet.com at any time. Specific instructions and user guides for this potash lease sale are available on the EnergyNet website at the above Internet address.

Contact:
Ethan House
Director of Marketing
EnergyNet
7201 I-40 West, Ste. 319
Amarillo, TX 79106
Phone: 806.351.2953
FAX: 806.354.2835
E-mail: [email protected]
www.energynet.com

SOURCE EnergyNet