Around $1.4M raised through oil and gas leases in Lloydminster area
Oil and gas companies have bought up thousands of hectares of land around Lloydminster.
The Government of Saskatchewan held a public offering on Tuesday for 111 different parcels of land across the province with 92 being leased out.
Sixteen of these parcels totaling over 2,900 hectares were in the Lloydminster area, bringing in nearly $1.4 million.
Back in April, 36 parcels of land around Lloydminster were leased for around $3.3 million. Fast forward two months and 26 leases brought in over $1.7 million.