Oil Sands - Direct Purchases

The pricing structure identified in Information Letter 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 departments ETS system.
    [see ETS e-postings]
    [LOGON to ETS]

Land Portions

The Department's minimum sales price requirements for accepting a direct purchase application on portions of land, is outlined in Information Letter 2006-12. The minimum acceptable sales price 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 to reflect market trends.

Applications for complementing rights:

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

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

 

Year 2008
Month
Application
Received
Avg$/ha
6 months
[prior month
application rcvd.]
Direct Purchase
Price
$/ha
* - revised figure

...

 ...

   ...

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




Year 2007
Month
Application
Received
Avg$/ha
6 months
[prior month
application rcvd.]
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



Year 2006
Month
Application
Received
Avg$/ha
6 months
[prior month
application rcvd.]
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

 

Year 2005
Month
Application
Received
Avg$/ha
6 months
[prior month
application rcvd.]
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

 

Year 2004
Month
Application
Received
Avg$/ha
6 months
[prior month
application rcvd.]
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

 

Year 2003
Month
Application
Received
Avg$/ha
6 months
[prior month
application rcvd.]
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

 

Year 2002
Month
Application
Received
Avg$/ha
6 months
[prior month
application rcvd.]
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

 

Year 2001
Month
Application
Received
Avg$/ha
6 months
[prior month
application rcvd.]
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

 

Year 2000
Month
Application
Received
Avg$/ha
6 months
[prior month
application rcvd.]
Direct Purchase
Price
$/ha
December $240.26 $300.33
November $163.16 $203.95
October $185.11 $231.39
..... ..... ....

 

Go to: Information Letter 2006-12 - Electronic Bidding and Posting of Rights
Information Letter 2006-16 - Issuance of Electronic Documents
Public Offerings (Oil Sands)
- Statistics
- Notices & Results
- LOGON to ETS (submit applications, pickup agreements)**
** see IL 2006-16 regarding agreements)
Last reviewed/revised: 2008-09-30