Google Translate Disclaimer

A number of pages on the Government of Saskatchewan`s web site have been professionally translated in French. These translations are identified by a yellow text box that resembles the link below and can be found in the right hand rail of the page. The home page for French-language content on this site can be found here:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

The results of software-based translation do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos, and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

December Land Sale Generates $10.9 Million

Released on December 3, 2015

Saskatchewan’s December sale of petroleum and natural gas rights raised $10.9 million in revenue for the province at an average price of $685 per hectare, bringing the calendar year total for 2015 in land sale revenues to $56.5 million.

The sale results come in the wake of the Fraser Institute’s annual Global Petroleum Survey of petroleum executives, where once again Saskatchewan ranked number one in Canada and among the top ten worldwide in the rankings of attractive jurisdictions for investment in petroleum exploration and development.

“While land sale activity has been relatively subdued, we continue to rank as a top destination for investment dollars,” Economy Minister Bill Boyd said.  “With an operating environment rich in opportunity and friendly to business, Saskatchewan is positioned for the world market to catch up to us, and not the other way around.”

Saskatchewan rated highly in the 2015 survey relative to other jurisdictions in regards to policy, investment and regulatory climate, geopolitical risk, administrative certainty, labour regulations and employment agreements, environmental regulations, trade barriers, taxation regime and quality of its geological database.

The December sale saw the Lloydminster area receive the most bids with sales of $4.8 million.  The Weyburn-Estevan area was next at $2.92 million, followed by the Kindersley-Kerrobert area at $2.91 million and the Swift Current area at $254,187.

The highest price paid for a single parcel was $2,550,082.  Windfall Resources Ltd. acquired the 547-hectare lease southwest of Pierceland.  The highest price on a per-hectare basis was $6,382.

Mammoth Land Services Ltd. submitted identical bids of $206,593 on two separate but adjacent 32.37-hectare leases east of Estevan.

The next sale of Crown petroleum and natural gas rights will be held on February 2, 2016.


For more information, contact:

Deb Young
Phone: 306-787-4765

We need your feedback to improve Help us improve