PSK - GORR Interests (Crown Lands)
Project information
As at 31 December 2025
Type:
Royalty
Type:
Royalty
Aggregation level:
Play or complex
Aggregation level:
Play or complex
Status:
Operating
Status:
Operating
Report standard:
Ni 51 101
Report standard:
Ni 51 101
Ownership %:
100
Ownership %:
100
Operator:
No
Operator:
No
Operator name:
Various third-party working interest owners
Operator name:
Various third-party working interest owners
Extraction:
Conventional Oil Gas
Extraction:
Conventional Oil Gas
Country:
Canada
Country:
Canada
Region:
Western Canada (predominantly Alberta)
Region:
Western Canada (predominantly Alberta)
Geological province:
Western Canadian Sedimentary Basin
Geological province:
Western Canadian Sedimentary Basin
Interest conditions:
-
Description
As at 31 December 2025
Gross Overriding Royalty (GORR) Interests on ~8.4 million acres of GORR Lands - substantially all associated with Crown lands. Royalty interests granted via contractual arrangements with third parties: (a) farm-outs of working interest rights in exchange for retaining GORR; (b) capital contributions for GORR; (c) checkerboard arrangements with Crown acreage; (d) other contractual arrangements. 2025 Avg net production 11,191 BOE/d (5,480 oil + 27.9 MMcf/d gas + 1,061 NGL). 2025 royalty revenue $168.2M (38% of total).
Oil & Gas royalties
As at 31 December 2025
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