FORT ST. JOHN, B.C. — Despite recording a dismal 2015 bonus bids total of $18.3 million, the province has started the New Year with a monthly sale of natural gas and petroleum rights of only $212,000.
It’s more than $2 million less than the January sale last year, lower than any monthly total in 2015, and the sixth monthly sale in the last twelve months under $1 million.
Six of the eight parcels offered this week — all drilling licenses — were purchased, but the price per hectare was only $76.53: also lower than any monthly sale last year.
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The next sale is set for February 24, 2016.