Offering Details

1537974 Alberta Ltd.
Royalty Divestiture
Bid Deadline: 10/14/2021 12:00 PM

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OVERVIEW

1537974 Alberta Ltd. (“153” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of its oil and natural gas royalty interests located in the Gull Lake area of Saskatchewan (the “Property”).

Average daily royalty production net to the Company from the Property for the six months ended June 30, 2021 was approximately four barrels of oil per day and three Mcf/d of natural gas (four boe/d).

The Company’s average monthly royalty income from the Property for the six months ended June 30, 2021 was approximately $7,000/month, or $84,000 on an annualized basis.

Overview Map Showing the Location of the Royalty Property