Google Translate Disclaimer
A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:
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.
Software-based translations 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. The 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.
Released on April 8, 2021
Saskatchewan's public offering of Crown petroleum and natural gas rights held Tuesday, April 6, 2021, generated $1,925,873.51 in revenue for the province.
This is the first of six oil and gas public offerings for the 2021-22 fiscal year.
The Estevan area was the major focus for bid activity, with leases within the region receiving both the highest bonus bid for a parcel of land as well as the highest dollars per hectare on a lease.
The highest bonus bid received on a parcel in this offering was $324,786.00 (or $627.00 per hectare) for a lease in the Estevan area. This lease totalling 518.000 hectares was awarded to Cougar Creek Land Ltd. and is prospective for oil in the Bakken Formation.
The highest dollars per hectare received in this offering was for a 64.8-hectare lease in the Estevan area by Crescent Point Energy Corp. They bid $220,554.04, or $3,406.24 per hectare, for this parcel that is prospective for oil also in the Bakken Formation.
In total, the Estevan area brought in $1,631,515.03 for 23 parcels encompassing 4,079.254 hectares, while the Kindersley area brought in $196,691.89 for 11 leases encompassing 2,489.006 hectares. Lloydminster and Swift Current were the other two areas each bringing in $64,574.16 for 420.878 hectares, and $33,092.43 for 259.000 hectares, respectively.
The scheduled date for the next public offering is June 1, 2021.
For more information, contact:Robin Speer
We need your feedback to improve saskatchewan.ca. Help us improve