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Alberta Earns $3.07 million From December 2 Land Sale

December 3, 2015 11:20 AM
Peter Ciavarella

The December 2 Alberta Land Sale results are in and the province has received $15,601 for Oilsands leases and $3,058,773 for conventional leases for a total result of $3.07 million.  The Alberta total so far for 2015 is $282.4 million compared to $466.7 million this time last year.  That represents a decline of  39.5% from this time last year.

There were 28 successful bidders that picked up 53 separate parcels for a total of 29,923 hectares.  The average bid price was $114.19 per hectare vs. $893.01 per hectare for the November 18th sale .  The largest amount paid for a single parcel was $557.6 thousand for 1 section in the Gordondale-Progress  area of north western Alberta purchased through a land agent company name, “Plunkett Resources”.  The complete list is shown below.

The data for this post has been provided courtesy of CWD Inc.

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