Freehold Royalties Ltd., and Freehold Royalties Partnership (“Freehold”) are selling non-core Working Interest assets in Alberta, Saskatchewan, and BC, which represent a 12-month trailing NOI of approximately $1.9 million (July 2017 – June 2018).
The current net production for all of the Assets is approximately 407 boe/d with a liquids weighting of 65% (June 2018). They represent a current annualized NOI of $1.9 million over 228 gross wells and 48 net wells with an average Working Interest of 21%. The Assets are a mix of Unit, Operated, and Non-Operated Working Interests, with the majority being Non-Operated.
If you are interested in signing a Confidentiality Agreement to view more in-depth information related to one or more of the packages being offered, please contact Brady Roy, Land Analyst at broy@rife.com or 403-663-2584. For any asset-related questions, please contact Kristin Rennie, Manager Land, Dispositions & Operations at krennie@rife.com or 403-663-2595. The due date for bids is 4:00 PM, October 30th, 2018.
Asset Summary
Lloydminster
Central Alberta
Southern Alberta
Deep Basin