Language

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:

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.

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.

$251,672.11 in Revenue Generated in February Oil and Gas Public Offering

Released on February 4, 2021

The Government of Saskatchewan held the February Crown petroleum and natural gas public offering on Tuesday, which generated $251,672.11 in revenue for the province.  This is the last of six oil and gas public offerings for the 2020-21 fiscal year and brings cumulative earnings to $6,482,213.75.

The Lloydminster area brought in $113,947.41 for two parcels totalling 388.504 hectares, while the Estevan area brought in $111,102.09 for five parcels totalling 518.004 hectares.

The highest bonus bid received on a parcel in this offering was $100,735.72 for a lease in the Lloydminster area, totalling 129.502 hectares.  This was also the highest bid on a dollar per hectare basis at $777.87 per hectare.  This lease was awarded to Soo Lone Resource Group Ltd. and is prospective for heavy oil in the Mannville Group.

The scheduled date for the next public offering is April 6, 2021.

-30-

For more information, contact:

Robin Speer
Energy and Resources
Regina
Phone: 306-519-5006
Email: robin.speer@gov.sk.ca

We need your feedback to improve saskatchewan.ca. Help us improve