Sask. land sales bring in $11.9M

The first sale of Crown petroleum and natural gas rights for 2013 generated $11.9 million in revenue for the province, bringing total land sale revenues for the 2012-13 fiscal year to $88.9 million, the Ministry of the Economy announced Thursday. By comparison, the February sale in 2012 generated $28.7 million in bonus bid revenues for the province, which brought total land sale revenues for the 2011-12 fiscal year to $234.1 million. via Leader-Post – Business http://www.leaderpost.com/business/energy/Saskatchewan+land+sales+bring/7933292/story.html

One comment

  • “It is encouraging that in this climate of record production industry continues to identify new prospects and compete in our land sale, often fiercely, for the right to explore these prospects.” Very encouraging for the oil producing regions of the province such as the South West.

Leave a Reply