33 Listings Available

Oil & Gas Listings DB

Listing Information
Ad Information
  • Type: Mineral Rights for Sale
  • Country: Canada
  • Province: Alberta
  • Closest Town/City: Monarch - Pearce - Penny
  • Postal Code: T0L 1M0
  • Land Description: Sec 28-9-23 W4M (525 net acs) LIGHT OIL PLAY. Offset lands sold at Crown sale in 2014 at average price of $800 acre; $6.9MM spent in Twp 9-24 W4M. Asking price $510 acre.
  • Legal Description: All
  • Section: 28
  • Township: 9
  • Range: 23
  • Meridian: W 4 M
  • Property Gross Acres: 640
  • Property Net Acres: 525
  • Property Rights Held: All mines and minerals
  • Property Leased: Yes
  • Property Interest Owned: Full
  • If Leased - Royalty %: Crown and
  • Producing Property: No
  • Comments: This light oil play is being developed by TORC, LGX, NARP LLC and Kainai Energy who are de-risking the area. Sec. 28-9-23 W4M (525 net acres); 295 net ac. are Crown land (295 net acres) subject to Crown royalty with term until July 2017 and 230 net ac. leased freehold (17% lessor royalty) until June 2016. HZ 4-29 well drilled by TORC on Sec 29 adjacent to these lands. Emerging S. Alberta Bakken/Banff/Stettler oil play. Active area for drilling and land sales. Balance of section is available for lease from Blood Tribe. See www.torcoil.com or www.lgxoil.com presentations for more info on area. Lands are in center of TORC HZ oil drilling focus area. Will sell acreage for cash and a GORR.
  • Ad Created: 04/06/2017
  • Ad Updated: 04/24/2017