The provincial government raised more than $6 million in revenue through the latest public offering of Crown petroleum and natural gas rights. This brings to total for the current fiscal year to roughly $8 million.

The highest price per hectare came from here in southeast Saskatchewan. Synergy Land Services Ltd. paid $10,111.95 per hectare for a 32-hectare parcel east of Lampman. The parcel is part of the Midale and Frobisher Beds in the Madison Group.

In all, 19 leases were sold in the southeast, raising $1,333,611.87. The top bidder in the area was Ridgeback Resources Inc. They purchased two leases for $532,392. The leases are located 26 kilometres northeast of Stoughton, within the Viewfield Bakken Oil Pool.

The next offering of Crown petroleum and natural gas rights will be held on August 13th.