-2.6 C
Fort St. John
Tuesday, February 19, 2019
9924 101 ave Fort St. John, B.C.
Home News March Oil & Gas Rights Sale

March Oil & Gas Rights Sale


It resulted in a bonus bids total of 19 point eight million dollars—five point six million less than last month—and less than 50 percent of the March sale last year, which was just over 42 million.

It also left the total for the first quarter of this calendar year at 52.6 million, and that’s now slightly behind the total for the first quarter of 2013, which was 56 point seven.

19 of the 23 parcels offered yesterday were purchased, with average price per hectare at $1,854.

- Advertisement -

This sale also marked the end of the fiscal year, and the twelve month bonus bid’s total was 220 point five million dollars, about four million less than the 2013 calendar year.

However, it’s worth noting the total nearly doubled the previous fiscal year total of 115.2 million.

The next sale will be April 23rd.

get the latest news in your inbox



Local Events

Must Read

February 20 marks one year until BC 2020 Winter Games in...

FORT ST. JOHN, B.C. - Tomorrow, February 20, marks one year until the B.C. 2020 Winter Games takes place in Fort St. John.In March...