The Alberta Government brought in $27.5 MM on its September 18th Crown land sale.
In total, 33,136.25 hectares were sold at an average price of $829.42/ha.
Click here to see the full land sale results on BOE Intel.
A single section (256 hectares) of mineral rights that includes the Montney (PNG from below the base of the Charlie Lake to Basement) set a new recent record for per area dollar bonus. That single section of mineral rights went for $7,054,272/section, or $27,556/ha. The location is shown in purple on the map below (Figure 1), south of Grande Prairie. Other mineral rights sold in the September 18th land sale are pictured in pink.
Millennium Land represented the buyer.
Figure 1
There was also a significant amount of money spent on oil sands rights (OS from below top of the Viking FM to base of the Woodbend GRP) northeast of the great Marten Hills Clearwater field. Presumably the target here would be Clearwater exploration.
Figure 2
