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PrairieSky Royalty holds the largest independently owned portfolio of fee simple mineral title lands in Canada, totaling approximately 9.9 million acres with petroleum or natural gas rights, and 8.7 million acres of gross overriding royalty interests.
The Land Compliance group reviews active leases to ensure lessees meet lease terms, updating processes or forms as needed.
PrairieSky is focused on encouraging third parties to actively develop its Royalty Properties through various arrangements including lease issuances, farmouts, drilling commitments and seismic option agreements.
CALGARY, Alberta, Jan. 21, 2020 (GLOBE NEWSWIRE) — PrairieSky will release its annual and Q4 2019 results on Monday, February 10, 2020 after markets close. The news release detailing PrairieSky’s Annual and Q4 2019 results will provide operating and financial information. Financial statements, management’s discussion and analysis and the annual information form will be available on PrairieSky’s website at www.prairiesky.com and on SEDAR at www.sedar.com.
PrairieSky Royalty Ltd. declared a dividend of CDN $0.065 per common share, payable in cash on January 15, 2020, for shareholders of record on December 31, 2019.
PrairieSky Royalty Ltd. declared a dividend of CDN $0.065 per common share, payable in cash on March 16, 2020, for shareholders of record on February 28, 2020.
PrairieSky Royalty is looking to structure various arrangements, including lease issuances, farmouts, drilling commitments and seismic option agreements, with fit-for-purpose terms.
Mr. Phillips serves as President and Chief Executive Officer of the company, bringing over 20 years of experience in oil and gas exploration, geology, business development, asset evaluation, and executive management. Previously, he held the same roles at Home Quarter Resources Ltd.
PrairieSky Royalty Ltd. operates as a royalty company, generating revenue from petroleum and natural gas production across 18.6 million acres in Western Canada, including Northeast British Columbia to Western Manitoba.
The primary responsibility of the Board is to appoint competent management and to oversee the management of the Company with a view to ensuring corporate conduct in an ethical and legal manner through an appropriate system of corporate governance and internal controls.
A timeline on how PrairieSky Royalty became the largest independently-owned fee simple mineral title holder in Canada.
Suite 1700 350 7th Ave SW Calgary, AB T2P 3N9 T 587.293.4000 F 587.293.4001
