drilling

REGINA – The Government of Saskatchewan’s Crown oil and natural gas public offering, held on Dec. 3, raised $11,392,502 for the province, with the southeast region generating most of the revenue. Of the 56 parcels in Saskatchewan posted for this offering, 51 received acceptable bids, covering a total of 13,561.384 hectares. The southeast brought in $8,088,540 for […]

REGINA – The Government of Saskatchewan’s Crown latest oil and natural gas public offering, held on Oct. 29, raised $7,304,936 for the province, with the southeast region generating the majority of the revenue. Of the 112 parcels posted for this offering, 93 received acceptable bids, covering a total of 15,347.639 hectares. The southeast brought in […]

The provincial government is adding some teeth to legislation, to make sure landowners get paid for allowing their land to be used for oil drilling, and exploration. The Ministry of Energy and Resources and the Surface Rights Board of Arbitration will have more power to make sure these fees are paid to landowners. “Maintaining strong relationships between industry and […]