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 June 6, 2024
The Government of Saskatchewan's Crown petroleum and natural gas public offering, held on Tuesday, June 4, 2024, has raised $7,413,958.70 for the province, with the Lloydminster-area generating the most revenue.
Eighty parcels were posted for this sale, of which 64 received acceptable bids and which covered 12,363.127 hectares.
The Lloydminster-area generated the most revenue, bringing in $5,584,969.71 for 36 leases and one exploration license totaling 9,686.269 hectares.
The Estevan-area brought in the next-highest amount of revenue, generating $1,777,905.83 for 24 leases totaling 2,092.214 hectares.
Offers in the Kindersley-area generated $51,083.16 in revenue for three leases totaling 584.644 hectares.
Mammoth Land Services Ltd. had the highest bonus bid in this offering at $1,560,509.81, an average of $2,525.06 per hectare, for a 618.009-hectare exploration license located northeast of Lloydminster.
The highest bonus bid received for a lease went to Lexterra Land Ltd., which offered $727,796.67, an average of $3,089.92 per hectare, on a 235.539-hectare lease northeast of Lloydminster.
Through two public offerings this fiscal year, the province has raised $22,868,706.72 in revenue, up from the $20,494,130.39 raised from the first two offerings last fiscal year.
There are six scheduled public offerings each fiscal year. The next scheduled public offering in Saskatchewan is August 6, 2024.
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