Another Crown petroleum and natural gas rights sale over $40 million

 That’s close to the over $42 million in March 2013, that was the best one in terms of bonus bids since December of 2011. 

Unofficially, April’s sale pushes the final 2012-2013 fiscal year total well over the 2012 calendar total of $139.2 million, but well behind the 2011-2012 fiscal year total of $286.6 million. 

There is some hope for the upcoming months, as the price of natural gas has been above the so-called four dollar benchmark now for nearly three weeks. That’s evidenced in April and March’s vast improvement in sales over January and February, which brought $9.9 and $4.8 million respectively.

 

 

About Erica Fisher 4010 Articles

Erica is a reporter for Moose FM and energeticcity.ca in Fort St. John, B.C. She grew up in Victoria, B.C. and received her Bachelor's Degree in Journalism from Concordia University in Montreal, Quebec.