Non-Binding Bids are due by Thursday, June 23rd, 2022.
Highlights:
- ~$205 thousand of annualized royalty income at US$100/Bbl WTI
- ~$175 thousand annualized royalty income at US$85/Bbl WTI
- ~$235 thousand annualized royalty income at US$115/Bbl WTI
- Lighter oil production from several Midale Units (Benson Units, Hazlet Unit, Weyburn Unit), and some non-Unit wells in Queensdale
- Declines are mostly very shallow
- Overall producing Reserve Life Index >10 years
- Royalties are generated from Crescent Point, Federated Co-op, Freehold, Vermilion, and Whitecap
Detailed information is available at www.cbsecurities.com or by emailing info@cbsecurities.com