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Petroleum and natural gas.

SaskBusiness • March, 2008 • Economic Indicators
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February's sales of Crown petroleum and natural gas rights raised an amazing $197 million in revenue for the province, more than doubling the old record of $85 million set in 1994. This brings the 2007-08 fiscal year total to $490 million, eclipsing the previous record of $202 million set inn 1994-95. On the strength of the hot Bakken oil play, the Weyburn-Estevan area dominated the sales activity, bringing in $132 million. This was followed by the Swift Current area with $47 million in sales, largely on the strength of the Shaunavon oil play. The Kindersley-Kerrobert area was next at $16 million, followed by the Lloydminister area at $2 million.

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COPYRIGHT 2008 Sunrise Publishing Ltd. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.
NOTE: All illustrations and photos have been removed from this article.


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