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.

October Land Sale Yields $9.8 Million

Released on October 8, 2015

The October sale of petroleum and natural gas rights raised $9.8 million in revenue for the province at an average price of $220 per hectare.  After five sales in 2015, land sale revenues total $45.5 million.

“The long-term viability of Saskatchewan’s oil patch relies on new discoveries,” Economy Minister Bill Boyd said.  ”The province is cautiously optimistic that exploration activities on the lands acquired will prove successful.”

The October sale saw the Weyburn-Estevan area receive the most bids with sales of $6.7 million.  The Lloydminster area was next at $1.8 million, followed by the Kindersley-Kerrobert area at $1.0 million and the Swift Current area at $357,844.

The highest price paid for a single parcel was $832,355.  Triland Energy Inc. acquired the 259-hectare lease west of Willmar.  The highest price on a per-hectare basis was $10,045.  Scott Land & Lease Ltd. bid $650,449 for a 64.75-hectare lease east of Stoughton.

“It is encouraging that under-explored areas of the province continue to attract the attention of industry,” Boyd said.  “Saskatchewan’s investment climate is proving very attractive even at a time of volatile prices.”

The four exploration licences and one lease that sold for $2.0 million southwest of Weyburn are located in an area that is prospective for Mississippian carbonates, the transitional Mississippian-Devonian Bakken Formation and underlying Torquay Formation, the deeper Devonian Birdbear and Winnipegosis Formations, and the Ordovician Red River Formation.  The Bakken is also being developed immediately to the south in the United States.

The next sale of Crown petroleum and natural gas rights will be held on December 1, 2015.


For more information, contact:

Deb Young
Phone: 306-787-4765

We need your feedback to improve Help us improve