Promising August sale of Crown petroleum and natural gas rights

Even though only nine parcels were purchased, they covered nearly 6,700 hectares and the average price per hectare was more than $3,000. 

That left the tender bonus total at $20.5 million more than double the totals in each of the previous two months. 

It also pushed the unofficial year-to-date total to $154.8 million, and that’s more than %15 million ahead of the full 12-month calendar year total last year of only $139.2 million. 

The next monthly sale will be held on September 18, and since it is one of four still to be conducted, there remains a solid chance the 2013 total will also top the $222.6 million of 2011.