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Oil & Gas Listings DB

Listing Information
Ad Information
  • Type: Royalties for Sale
  • Country: Canada
  • Province: Alberta
  • Closest Town/City: Lacombe
  • Postal Code: T4L 0H6
  • Land Description: Duvernay East Shale Basin play, Lacombe Area, Alberta; Gross royalty trust interests in 480 gross acres in emerging top-tier HZ Duvernay oil play in Alberta
  • Legal Description: NW
  • Section: 15
  • Township: 41
  • Range: 26
  • Meridian: W 4 M
  • Royalty Description: Royalty interests FOR SALE in 480 gross acres of highly prospective freehold lands in Central Alberta surrounding lands purchased by Broker at the Crown land sale of July 5, 2017; Broker paid approximately $250 per net mineral acre ($1.34MM) for the offsetting lands; See attached maps for details; FOR SALE 5.5% royalty interest based on 100% from NW/4 Section 15-41-26 W4M, 5% royalty interest based on 100% of production from SW/4 15-41-26 W4M; 3/4 of 1% royalty based on 100% from SE/4 15-41-26 W4M; Vesta Energy Ltd. http://www.vestaenergy.com/ is active area operator and has licensed a N/S HZ well 1.5 miles west of these lands on June 29, 2017; See attached plats; Vesta wells 2.5 miles SW have average production of 100 bopd (Dec 2017 data)
  • Revenue Per Month: Non-producing
  • Revenue Paid by Company: N/A
  • Producing Field: Lacombe/Joffre Duvernay
  • Asking Price: Offers being considered
  • Ad Created: 03/30/2018
  • Ad Updated: 04/28/2018