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Alberta January 13th Land Sale Earns $2.4 Million

January 14, 20161:02 PM Peter Ciavarella

Yesterday’s Alberta oil and gas mineral rights land sale earned the province a total of $2.4 million for 104 leases consisting of just over 40,000 hectares of land.  That averages out to $59.43/hectare.   For comparison, in the first land sale of 2015, Alberta earned $24 million.

The largest single bidders were Birchhill Canada Corp. and Crescent Point Energy Ltd.  Birchhill paid $253k for 7 sections in the Carrot Creek area of west-central Alberta and Crescent Point paid $256k for a single section in the Judy Creek area in north western Alberta.

A complete list of successful bidders is shown in the table below.

January-13-AB-Land-Sale-by-company

 

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

Column Veren

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