Alberta’s oilsands land sales, which have been sleepy for quite some time, sprang to life on March 9.

In sum, both the petroleum and natural gas (P&NG) and oilsands sales generated $62.97 million in bonus bids on the sale of 82,924 hectares at an average price of $759.36/ha.

One parcel in the Peace River Area (PRA), picked up by Whispering Hills Resources Ltd., generated $14.22 million in bonus bids at an average price of $6,169.92.

To read the Daily Oil Bulletin’s latest guidance report, which features announcements made March 7-11, 2022, click here to access it directly, or click on the Guidance tab on the DOB website.

The guidance report provides 2022 forecasts for capital spending, drilling and production for companies headquartered in Canada and the U.S.

Data for the report is powered by Evaluate Energy.