Daily Infographic: Oilsands Land Sale Spending Up From Last Year
Oilsands land spending in 2015 surpassed the total for all of 2014 in the first quarter of the year, thanks to the March 11 auction, which attracted $21.11 million for oilsands leases. All the high-priced oilsands parcels at this sale were concentrated in the Peace River oilsands area. This has been the lone bright spot so far in an otherwise very slow year — aside from this one sale, oilsands land spending has totaled just $1.22 million.
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