46 Listings Available

Oil & Gas Listings DB

Listing Information
Ad Information
  • Type: Royalties for Sale
  • Country: Canada
  • Province: Alberta
  • Closest Town/City: Rimbey
  • Postal Code: T0C 2J0
  • Land Description: NEW ROYALTY LISTING. 80 net mineral acres with royalty income for sale. Lands due north of Rimbey, Alberta. 2 producing gaswells on pooled section with liquids production. Wells producing from Belly River and Mannville. Duvernay, Pekisko (unleased) and CBM gas potential. No surface rights owned.
  • Legal Description: NW
  • Section: 33
  • Township: 42
  • Range: 2
  • Meridian: W 5 M
  • Royalty Description: Lands are in top-tier producing area of Central Alberta. Undivided 1/2 interest for sale in 160 gross acres of mineral title (80 NMA) plus royalty rights. Lands are leased of a Gross Royalty Trust to TAQA on a 15% lease, subject to a Gross Royalty Trust Agreement (GRT) for first 12.5% of lessor royalty. Owners also are selling 4 Units of 12.5 Units (4% of 100% of the royalty rights from lands) on the full 160 acres and receive income from the GRT and also as mineral rights Lessor for 2.5% of 50% of pooled production. Royalty revenue for last 12 months of approximately $2000. Asking price of $325 per NMA ($26,000 CDN) includes the purchase of their 1/2 interest in the mineral rights.
  • Revenue Per Month: Approx. $185/mo.
  • Revenue Paid by Company: TAQA, CPC and Computershare
  • Producing Field: Rimbey
  • Asking Price: $26,000 CDN
  • Ad Created: 12/29/2017
  • Ad Updated: 01/19/2018