Lloydminster and Kindersley were the most active areas for bid activity in Saskatchewan’s first public offering of the year.
The public offering in Crown oil and gas rights for the 2020-21 fiscal year ended with the province generating $1.7 million in revenue.
The Lloydminster area brought in $848,629.60 for 19 parcels for a total of 2,169.132 hectares. Fourteen parcels are expected to carry heavy oil in the Mannville Group.
The Kindersley area saw $731,624.20 for 43 leases for a total of 11,063.984 hectares.
The next public offering will happen on June 2.
