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October Oil and Gas Public Offering Adds $11.05 Million to Provincial Revenues

The Government of Saskatchewan's Crown petroleum and natural gas public offering, held on Tuesday, October 3, 2023, has raised $11,049,882.97 for the province.

Of the 157 parcels posted for this sale, 107 parcels received acceptable bids. These bids covered 18,870.845 hectares.

The Kindersley area generated the most cashflow, bringing in $5,811,151.08 for 20 leases and two exploration licenses totalling 7,591.560 hectares.

Bids for leases and a license in the Lloydminster area brought in the next-highest amount, $2,703,203.64. These bids were for 33 leases and one exploration license totalling 7,222.166 hectares.

Acceptable bids in the Estevan area generated $2,516,328.95 for 47 leases covering 3,668.270 hectares.

The Swift Current area generated $19,199.30 in acceptable bids.

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In the Field Update - Fillmore County

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Harvest is getting wrapped up around the state. We had the opportunity to catch up with Fillmore County producer, Lance Fiala, who has recently turned from harvest to field work. Here is our conversation from earlier this week