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Buyer Registration

Obtaining a Client Number and Bidder Number

Please complete the Application for a Client Number and fax it to Midwest Energy Auction at 888.722.6380, or email it for approval. After obtaining a Client Number, interested parties must pre-register with Midwest Energy Auction and be approved as a bidder for each auction event. Please note that the same form is used for obtaining a Client Number and Bidder Number, although certain portions of the form need not be completed by any entity that has already participated in a Midwest Energy Auction event and currently has a Client Number.

IMPORTANT: The Entity Name should be filled out exactly as you plan to take record title to any properties purchased. If you plan to purchase properties in more than one entity name, you must register each entity separately.

Once a Bidder has completed and faxed signed copies of the Qualified Bidder Registration Form, Midwest Energy Auction will review all registration materials, including your bank letter guaranteeing payment. If approved, you will be activated for the online auction in which you have expressed interest. You may then join the auction by logging onto our online auction provider, Proxibid.com.

Qualified Registered Bidder Application

Midwest Energy Auction, LLC reserves the right, at its sole discretion, to not approve any or all registration applications and to refuse any party access to bid on a property or properties for any reason whatsoever.

Midwest Energy Auction’s online and any written materials associated therewith are not a public offering. The use of this Website is intended only by selected parties who are knowledgeable, sophisticated and actively engaged in the oil and gas business, and are fully aware of the risks and liabilities inherent with the ownership of oil and gas properties. The information contained herein does not constitute an offer or solicitation to purchase or offer, or solicitation to sell to any person in the state of Nebraska, or in any other state where the laws of such a state prohibit such offers, or in which Midwest Energy Auction, LLC is not a broker-dealer. To the extent required by state law, some potential bidders may be required to be "accredited investors."

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Submitting a Bank Letter

A bank letter (on bank letterhead) is required for all bidders paying by check or wire transfer. Bank letter(s) must be delivered to Midwest Energy Auction, LLC prior to receiving registration approval and being activated as a bidder.

A bank letter must (Click here for Sample Bank Letter):

  • identify the name of the entity taking title;
  • provide the banking information required on the Bidder Registration form;
  • include a statement from the bank that it will guarantee payment (either by bank guarantee or irrevocable letter of credit) on any check presented to Midwest Energy Auction, LLC up to a specified dollar amount (the maximum amount of your anticipated purchases at the sale);
  • define the time period the check will be honored -not less than ten (10) days after the sale.

NOTE: Payment by cashier's check does not require a bank letter.

After approval you are ready to join the auction. Remember, however, that separate registrations with unique User Name and Passwords must be received for each entity registered. Thank you for your participation in Midwest Energy Auction, LLC's Auction Events.

NOTE: Payment by cashier's check does not require a bank letter.

After approval you are ready to join the auction. Remember, however, that separate registrations with unique User Name and Passwords must be received for each entity registered. Thank you for your participation in Midwest Energy Auction, LLC's Auction Events.

NOTE: Midwest Energy Auction’s online auction is not a public auction, but rather is limited solely to accredited investors approved at the sole discretion of Midwest Energy Auction.

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