Sayer Energy Advisors has been engaged by a royalty holder (the “Royalty Holder”) to assist the Royalty Holder with the sale of its royalty interests, consisting of gross overriding royalty (“GORR”) interest, located in the Lookout Butte/Waterton area of southern Alberta (the “Property”).
The GORR was acquired by the Royalty Holder in consideration for the exchange of outstanding debt owed by the former working interest owner.
The Property consists of a 3.0% GORR interest on the Lookout Butte Rundle Unit No. 1 with long-life, low-decline oil and natural gas production. The Property is operated by Loyal Energy (Canada) Operating Ltd.
Monthly royalty income for the five months ended June 30, 2026 has averaged approximately $20,600 per month, based on activity month.
Daily royalty production net to the Royalty Holder for the five months ended June 30, 2026 has averaged approximately 14 boe/d consisting of 62 Mcf/d and 4 bbl/d of oil and natural gas liquids and approximately 0.11 mt/d of sulphur production. Production from the Property was temporarily shut-in for the month of January 2026.
Production from the Property runs through Cavvy Energy Ltd.’s Waterton natural gas plant and sulphur facility.
Summary information relating to this divestiture is attached to this correspondence. More specific information is available at www.sayeradvisors.com. A package of more detailed confidential information will be sent to any party executing a Confidentiality Agreement (copy attached).
Cash offers relating to this process will be accepted until 12:00 pm on Thursday, October 8, 2026.
For further information please feel free to contact: Ben Rye, Sydney Birkett, or Tom Pavic at 403.266.6133.