New Star Energy Ltd. Highvale Duvernay/Deep Rights Package
Approximately 140,000 hectares of prospective Duvernay shale rights have been purchased in the October and early November 2017 Alberta landsales offsetting New Star Energy’s land base in the Highvale area. Total consideration of ~$60,000,000 has been spent in the past three landsales with an average price of ~$500.00/ha. The below map highlights the offsetting October, November and December landsales.
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