• Sign up for the Daily Digest E-mail
Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

BOE Report

Sign up
  • Home
  • Headlines
    • Latest Headlines
    • Columns
    • Discussions
  • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts
    • CAODC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
  • Industry Data
    • Canada Well Licences
    • USA Market Data
    • Data Subscription
  • Jobs

April 26 Alberta Land Sale Earns $26.6 Million

April 27, 20174:06 PM Peter Ciavarella

This week’s Alberta land sale has earned the province $26.6 million in Lease and License fees from petroleum and natural gas leases.   The total for the first seven sales of 2017 so far is $109.3 million, compared to $39.3 million earned by this time last year.  The interactive map below shows the lease locations.

There were a total of 103 parcels with successful bids for this sale. The chart below illustrates the trend of the Alberta land sales since the beginning of the year and also shows the running total for that period.

 

The total area of the 103 parcels was 43,667 hectares with an average bid price of $608.44 per hectare.  That compares to $325.03 per hectare for the last sale on April 5 which is an 87% increase in the average price per hectare.

Thirty-six companies participated, compared to fifty in the last sale. The highest amount paid was $15.1 million by a land agent for a 14 section parcel in the Twining area East Central Alberta.  That works out to $4,220/hectare. The largest successful bid from a non agent was from TransCanada Energy Ltd. who paid $468 thousand for 8 sections in the Crossfield  area of West-Central Alberta. That area is known for gas production from the Elkton.

The complete list of successful bidders is in the chart below.

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

TransCanada

Follow the BOE Report
  • linkedin
  • facebook
  • twitter
Sign up for the BOE Report Daily Digest E-mail
Latest Headlines
  • Documents show Biden plans Day 1 order nixing Keystone XL
  • Oilpatch woes boost Calgary’s downtown office vacancy rates to record levels
  • Distinction Energy Corp. (formerly named Delphi Energy Corp.) announces amendment and exercise of warrants issued to Kiwetinohk Resources Corp. and related amendments to Investor Agreement and Management Services Agreement
  • Cardinal announces its 2021 operating and capital budget focused on continued debt reduction and asset optimization
  • Newfoundland government to fund refinery as search for buyer continues

Return to Home
Alberta Gas
CAD/GJ
Market Data by TradingView

About
  • About BOEReport.com
  • In the News
  • Terms of Use
  • Privacy Policy
Resources
  • App
  • Widgets
  • Notifications
  • Daily Digest E-mail
Get In Touch
  • Advertise
  • Post a Job
  • Contribute
  • Contact
Featured In
  • CamTrader
  • Rigger Talk
Data Partner
  • Foxterra
BOE Network
© 2021 Grobes Media Inc.