The Alberta Government brought in $18 MM on its February 5th Crown land sale.
In total, 29,120 hectares were sold at an average price of $617.57/ha.
Click here to see the full land sale results on BOE Intel.
On a per area basis, the most expensive land was southeast of Grande Prairie where the Karr and Elmworth fields meet. There were two parcels of land, same size (256 hectares or 1 section), same bonus ($2,180,647). Both were surface to basement mineral rights, with the Montney being the likely target.
These parcels of land went to the same land broker, so the ultimate E&P buyer is not yet known.
