It was an anemic year of land sales in Western Canada in 2019, and results during the fledgling month of 2020 show few signs of improvement—in fact the situation has worsened.
January 24, 2020, 9:58 AM MST
The Alberta government brought in $1.76-million at its Wednesday land sale.
January 23, 2020, 9:13 AM MST
The B.C. government collected $46,149.50 at its first land sale of 2020 held this week, continuing the weak trend from 2019.
January 17, 2020, 8:23 AM MST
Do not expect a dramatic uptick in land sale revenues in Western Canada in 2020, say experts.
January 10, 2020, 8:05 AM MST
Alberta brought in $9.44 million at its first land sale of 2020 on Wednesday.
January 9, 2020, 8:42 AM MST
There were few bright spots on the land sales front in Canada for 2019, as bonus bids plunged nearly 70 per cent.
January 6, 2020, 7:18 AM MST
Millennium Land Ltd. was the top Crown land buyer for 2019.
January 6, 2020, 7:27 AM MST
Alberta closed the year on its land sale schedule on Wednesday by attracting $4.38 million.
December 19, 2019, 8:21 AM MST
While the decade began with rocketing average land sale prices as producers scooped up Duvernay and Montney acreage, they ended with a whimper as the province recorded an annual average price of $140.81 for 2019, the lowest during the period.
December 19, 2019, 11:02 AM MST
British Columbia has set a new low watermark for annual land sales.
December 13, 2019, 7:55 AM MST
December 12, 2019, 7:29 AM MST
Alberta’s Wednesday land sale brought $4.83 million into provincial coffers.
December 5, 2019, 8:57 AM MST
Saskatchewan’s final land sale of the year held this week produced $3.37 million. It generated an average price of $267.19/ha.
December 5, 2019, 10:24 AM MST
December 4, 2019, 8:28 AM MST
November 27, 2019, 7:11 AM MST
The recent dud of a licensing round appears to support the Canadian Association of Petroleum Producers’ negative long-term outlook for Newfoundland’s offshore oil industry. But, in fact, the Newfoundland and Labrador (NL) government has done much to revive the industry in recent years, and the province is more likely to see a substantial increase in oil production through the year 2035 than a substantial decline.
November 26, 2019, 9:20 AM MST
November 25, 2019, 8:54 AM MST
November 22, 2019, 7:33 AM MST
NuVista Energy Ltd. (“NuVista”) will be entertaining offers for its fee title interests in the Wembley area of Alberta (the “Asset”). The Asset is composed of 5 separate blocks with cumulative land of ~1,880 hectares (approximately 7.25 sections) and current production of ~158 boe/d (46% liquids) and YTD2019 CF ~$1.0MM.
November 20, 2019, 6:53 AM MST
B.C.’s November land sale brought in $442,424 this week—one final sale is left to avoid setting an all-time low in annual bonus bids.
November 15, 2019, 9:18 AM MST
November 8, 2019, 7:35 AM MST
The Alberta government brought in $5.65 million in bonus bids this week, with the year-to-date total tracking nearly 70 per cent below last year.
November 7, 2019, 8:59 AM MST
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) released results of its call for bids, in which three parcels were bid on successfully.
November 7, 2019, 9:14 AM MST
The Alberta government brought $4.12 million into provincial coffers after its latest land sale on Wednesday. Industry bought the rights to 62,987 hectares at an average price of $65.43/ha.
October 24, 2019, 9:04 AM MDT
October 16, 2019, 7:45 AM MDT