Petroleum and natural gas.
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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