Canadian Oil Sand Leases For Sale

Canadian Oil Sand Leases For Sale

  • Owner is a privately held company
  • Over 400,000 acres
  • In the heart of the largest oil reserve on the planet
  • 100% working interest
  • Reserve on property estimated at 37.10 billion barrels of oil
  • Calculated using EUB mapping / data
  • Every two tons of tar sands produce one barrel of oil
  • All acreage will qualify for the Alberta generic oil sands regime
  • 4th largest lease acreage block of oil sand property in Canada
  • Alberta has recently been upgraded to hold over 2 trillion barrels
  • Price is 5.5 cents (Canadian) per barrel

Price is roughly $2 billion Canadian dollars.

Seller would prefer to see proof of funds.  However, they will require a minimum of a letter from a top 20 accounting or attorney firm stating the buyer has conducted large transactions and (in his/her opinion) has the capability to purchase said leases.  Seller will not entertain tire kickers.  Letter must be presented before we turn any buyer over to the seller.

If you or your client are seeking to purchase oil sand leases, contact me at Lon @ cascadefallsinvestments.com.

~ by LargeCommercialRealEstate on July 22, 2008.

Leave a Reply