Effective Friday, September 17, a province-wide mandatory masking order will be implemented for all indoor public spaces. 

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.

October Oil And Gas Public Offering Raises $1.9 Million In Revenue

Released on October 7, 2021

October 2021 Public Offering Generates More Than Double the Revenue Than the Same Time Last Year

Saskatchewan's October public offering of Crown petroleum and natural gas rights held on Tuesday, October 5, 2021, generated $1,876,806.59 in revenue for the province.

The Estevan area brought in $1,357,527.30 for 50 parcels totalling 11,591.068 hectares.

An exploration licence posted in the Estevan area received $171,885.71, the highest bid for a parcel in this offering.  This licence is located west of Radville and is prospective for oil in the Bakken Formation.

The highest bonus bid received on a lease is $161,373.56 for a 257.448 hectare lease in the Estevan area.  This lease is located southwest of Roche Percee and is prospective for oil in the Bakken Formation.

The highest dollars per hectare received on a lease in this offering is $2,489.10 per hectare.  This 44.99 hectare lease was awarded to Ferret Energy Limited and is located southwest of Stoughton. It is prospective for oil in the Frobisher Beds of the Madison Group.

Of the total 81 parcels posted, 59 parcels received acceptable bids. These bids covered 14,320.688 hectares and the average bonus bid was $131.06 per hectare. 

This public offering was the fourth of six sales for the current fiscal year. The next oil and gas public offering in Saskatchewan is scheduled for December 7, 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