Saskatchewan’s June public offering of Crown petroleum and natural gas rights held on Tuesday, generated just over $516 thousand in revenue for the province.
The Estevan area was, again, the major focus for bid activity.
Of the total 42 parcels posted, 24 parcels received acceptable bids.

This month’s sale outperformed the same month a year ago when sales generated slightly over $442 thousand. However, a year before that the June sale was in the $6 million range and the year before that it was $15 million.

This was the second of six oil and gas sales scheduled for this fiscal year.
The next public offering is scheduled for August 10, 2021.