A total of 28 leases were posted, with 10 selling. Province-wide, the average was $149 price per hectare, but there was a very wide range of prices. In the Weyburn-Estevan area five leases were posted and all five sold. They brought in $111,102 for 518 hectares, with an average price of $214 per hectare. The highest bonus bid received in this area was $92,584 for a lease totaling 259 hectares. This was also the highest bid on a dollar per hectare basis received in this area at $357 per hectare. This lease went to Crescent Point Energy Corp. and is located 23 kilometres northeast of Stoughton. The company has an active drilling program in that general area this winter.
The Lloydminster area brought in $113,947 for two parcels totalling 388.5 hectares. There had been 10 leases posted. The average price was $293 per hectare in this region. The highest bonus bid received on a parcel in this offering was $100,736 for a lease in the Lloydminster area, totalling 129.5 hectares. This was also the highest bid on a dollar per hectare basis at $778 per hectare. This lease was awarded to Soo Lone Resource Group Ltd. and is prospective for heavy oil in the Mannville Group. It is located 35 kilometres northwest of Unity, adjacent to the Winter Cummings Oil Pool. In the Kindersley-Kerrobert area, three of 13 posted leases sold. The total bonus was $26,623 for 777 hectares. These parcels averaged $34 per hectare. Two of them went to a numbered company, 818541 Alberta Ltd. Those parcels are located four kilometres northwest of Kerrobert. Both leases received a bid of $9,702 or $37 per hectare.