45 Listings Available

Oil & Gas Listings DB

Listing Information
Ad Information
  • Type: Mineral Rights for Sale
  • Country: Canada
  • Province: Alberta
  • Closest Town/City: Rimbey
  • Postal Code: T0C 2J0
  • Land Description: NEW LISTING. 80 net mineral acres for sale 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.
  • Legal Description: NW
  • Section: 33
  • Township: 42
  • Range: 2
  • Meridian: W 5 M
  • Property Gross Acres: 160
  • Property Net Acres: 80
  • Property Rights Held: All mines and minerals
  • Property Leased: Yes
  • Property Interest Owned: Partial
  • If Leased - Royalty %: 15
  • Producing Property: Yes
  • Comments: Lands are in top-tier producing area of Alberta. Undivided 1/2 interest for sale in 160 gross acres (80 NMA). Lands are leased to TAQA on a 15% lease, subject to a Gross Royalty Trust Agreement (GRT) for first 12.5% of lessor royalty. Owners also own 4.0 Units of 12.5 Units of a Gross Royalty Trust on the full 160 acres so receive income from the GRT and as 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).
  • Ad Created: 12/29/2017
  • Ad Updated: 01/16/2018