Government of Saskatchewan ministries, Crown corporations and organizations are implementing contingency plans to minimize the impacts of postal service disruption.
Les ministères, sociétés d’État et organismes du gouvernement de la Saskatchewan mettent en œuvre des plans d’urgence visant à réduire les répercussions de l’interruption du service des postes.
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Released on October 5, 2023
The Government of Saskatchewan's Crown petroleum and natural gas public offering, held on Tuesday, October 3, 2023, has raised $11,049,882.97 for the province.
Of the 157 parcels posted for this sale, 107 parcels received acceptable bids. These bids covered 18,870.845 hectares.
The Kindersley area generated the most cashflow, bringing in $5,811,151.08 for 20 leases and two exploration licenses totalling 7,591.560 hectares.
Bids for leases and a license in the Lloydminster area brought in the next-highest amount, $2,703,203.64. These bids were for 33 leases and one exploration license totalling 7,222.166 hectares.
Acceptable bids in the Estevan area generated $2,516,328.95 for 47 leases covering 3,668.270 hectares.
The Swift Current area generated $19,199.30 in acceptable bids.
Millennium Land Ltd. made the highest bonus bid for a parcel - $4,244,502.88 for an exploration license on a 2,788.785 hectare property. The land is in the Kindersley area, west of Kerrobert.
Regina-based ROK Resources Inc. submitted the highest dollars-per-hectare bid, $3,153.15 per hectare for a 33.3 hectare lease in the Estevan area, southwest of Stoughton.
After four of six public offerings this fiscal year, the province has received $48,233,785.29 in revenue. At this time last fiscal year, oil and gas public offerings had generated $34,188,370.54 in revenue.
The next scheduled date for a public offering in Saskatchewan is December 5, 2023.
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