Over $14M raised through Lloydminster oil and gas leases during multiple public offerings
Millions of dollars have been raised through oil and gas leases and licenses approved in the Lloydminster area.
The Government of Saskatchewan held six public offerings between April 2023 and February 2024 where companies could bid on parcels of land across the province. This included in and around Lloydminster, Kindersley, and Estevan.
In total, 148 leases and licenses in the Lloydminster area were bid on, bringing in over $14.5 million.
The province was able to raise over $75 million when adding up all the bids during the six public offerings.