Oil Sands Direct Purchases

The pricing structure identified in IL-2006-12 allows a requestor to calculate the cost of a parcel of land prior to submitting a direct purchase application.

Direct purchase applications can only be submitted using the department's ETS system.

Land Portions

A portion is an area of Crown land that constitutes less than 50% of the smallest applicable spacing unit. The Department's minimum acceptable sales price for portions remains $500 per hectare or $2,000, whichever is greater, and is non-negotiable. The Department reserves the right to adjust the minimum sales price periodically.

Applications for Complementing Rights

When the lessee of an existing Petroleum and Natural Gas Agreement requests a purchase of oil sands rights, the private sale price (i.e., bonus) will be calculated as follows:

Notes:
  • Average cost per hectare (Average $/ha) is calculated using bonus amounts received divided by total hectares leased (or distributed via permits) in the previous six months, as indicated in the Public Offering Statistics.
  • Direct Purchase Price is based on 125% of the Average $/ha.
  • * Indicates the figure has been revised

Year: 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009

2009
Application Received Average $/ha Direct Purchase Price $/ha
November $234.94 $293.67
October $245.76 $307.19
September $256.77 $320.97
August $94.72 $118.40
July $78.56 $98.20
June $58.75 $73.44
May $58.87 $73.58
April $98.10 $122.63
March $107.63 $134.54
February $119.60 $149.50
January $132.50 $165.63

2008
Application Received Average $/ha Direct Purchase Price $/ha
December $148.25 $185.31
November $137.85 $172.32
October $171.82 $214.77
September $204.20 $255.25
August $202.50 $253.12
July $224.81 $281.01
June $269.27 $336.59
May $425.22 $531.53
April $441.38 $551.72
March *$529.60 *$662.00
February $580.58 $725.72
January $611.40 $764.25

2007
Application Received Average $/ha Direct Purchase Price $/ha
December $651.23 $814.04
November $564.17 $705.22
October $524.52 $655.65
September $562.76 *$673.39
August $533.36 *$611.38
July $540.61 $675.76
June $550.23 $687.79
May $684.21 $855.27
April $670.30 $837.88
March $1,029.02 $1,286.28
February $866.87 $1,083.59
January $874.62 $1,093.27

2006
Application Received Average $/ha Direct Purchase Price $/ha
December $836.67 $1,045.83
November $898.93 $1,123.67
October $945.75 $1,182.19
September $630.71 $788.39
August $1,688.25 $2,110.32
July $1,752.70 $2,190.87
June $1,885.28 $2,356.60
May $1,842.43 $2,303.04
April $1,744.62 $2,180.78
March $1,934.99 $2,418.74
February $1,356.47 $1,695.59
January $1,426.37 $1,782.97

2005
Application Received Average $/ha Direct Purchase Price $/ha
December $1,388.33 $1,735.41
November $1,068.17 $1,335.21
October $1,111.71 $1,389.64
September $620.35 $775.43
August $190.52 $238.15
July $210.32 $262.90
June $342.83 $428.54
May $404.12 $505.15
April $458.56 $573.21
March $489.77 $612.22
February $474.91 $593.63
January $445.30 $556.62

2004
Application Received Average $/ha Direct Purchase Price $/ha
December $445.05 $556.32
November $389.93 $487.41
October $104.81 $131.01
September $84.49 $105.61
August $88.25 $110.31
July $88.58 $110.72
June $88.31 $110.39
May +$89.37 *$111.71
April $121.21 $151.51
March $82.61 $103.26
February $152.71 $190.89
January $305.77 $382.22

2003
Application Received Average $/ha Direct Purchase Price $/ha
December $270.45 $338.06
November $274.46 $343.08
October $289.78 $362.22
September $257.64 $322.05
August $253.78 $317.23
July $283.05 $353.82
June $301.49 $376.86
May $309.67 $387.09
April $240.25 $300.31
March $282.49 $353.11
February $192.89 $241.11
January $192.66 $240.82

2002
Application Received Average $/ha Direct Purchase Price $/ha
December $167.58 $209.47
November $131.19 $163.99
October $130.10 $162.62
September $129.98 $162.48
August $145.90 $182.38
July $124.46 $155.58
June $133.21 $166.52
May $142.79 $178.48
April $275.11 $343.89
March $265.27 $331.58
February $267.49 $334.36
January $330.64 $413.30

2001
Application Received Average $/ha Direct Purchase Price $/ha
December $356.43 $445.54
November $347.03 $433.79
October $324.82 $406.02
September $358.81 $448.52
August $359.66 $449.57
July $401.48 $501.86
June $367.98 $459.98
May $525.58 $656.97
April $398.05 $497.57
March $369.09 $461.37
February $364.71 $455.89
January $271.36 $339.20

2000
Application Received Average $/ha Direct Purchase Price $/ha
December $240.26 $300.33
November $163.16 $203.95
October $185.11 $231.39
Last reviewed/revised: 2009-11-02