This quarter, 10 land sales raised $132.7MM. Land rights to 319,662 hectares in 662 parcels were distributed to 122 purchasers. These totals are up 105% from 2016 Q4 when $64.5MM was raised from the sale of 329,797 hectares. Scott Land (broker) spent the most in Q1 at $78.8MM for 112,812 hectares in 176 parcels. The top non-broker purchaser was Yangarra Resources with 896 hectares in four parcels for $664,289.
Subscribe to the Digest Today!
The Digest suite, published by CDL’s intelligence division, provides industry-leading E&P research, technical analysis and reporting to help you perform to your potential!
- Comprehensive – our analysts track all activity across Western Canada and beyond
- Focused – resource plays, oil sands, heavy oil, exploratory discoveries and technology trends
- Technical Excellence – in-depth analytics and interpretation by seasoned professionals
- Digestible – concise technical writing, quality illustrations, summary tables and graphs