Land sale activity in Q3 2018 was down 29% vs the previous quarter and was dominated by large tracts that sold for relatively low prices per ha. The Duvernay is a potential target in many of these parcels, and the price reflects that operators are now targeting the higher risk, lower potential areas of the zone.
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