Land Sale Results

Synopsis of Manitoba's Oil Lease Sale

November 7, 2024


black dropLease Sale Statistics (1979 - current) PDF

The results of competitive bidding on November 6, 2024, for Crown oil and gas rights which was offered by Economic Development, Investment, Trade and Natural Resources resulted in a total of $14,399.43 being added to provincial revenue.

Thirteen lease parcels, covering 821.962 hectares (2,031.112 acres) were sold for a bonus amount totaling $6,322.56.  The average bonus price per hectare for lease parcels sold was $5/98 per hectare ($14.79 per acre).

This is the fourth land sale scheduled for 2024. The next sale will be held on February 5, 2025. The deadline for posting requests is November 7, 2024.

Top of the page