Land Sale Results

Amended Results:
Synopsis of Manitoba's Oil Lease Sale

February 8th, 2012

black dropLease Sale Statistics (1979 - present PDF)
black dropSchedule of Public Offering - 2012 (PDF)

The results of competitive bidding on February 8, 2012 for Crown oil and gas rights which was offered by the Department of Innovation, Energy and Mines, resulted in a total of $8,068,223.37 being added to provincial revenue.

Fifty Six lease parcels, covering 8557.042 hectares (21,144.45 acres) were sold for a bonus amount totaling $8,015,873.72. The average price per hectare for lease parcels sold was $936.76 ($379.10 per acre).

Scott Land & Lease Ltd., paid the highest price per hectare for a parcel located in the Daly area. The firm paid $6,001.11 per hectare ($2,428.61 per acre) as a tender bonus.

This is the First of four sales scheduled for 2012. The next sale will be held on May 9, 2012. The deadline for posting requests is February 10, 2012.

Top of the page