Kindersley area draws strong interest in Saskatchewan’s April oil and gas land sale

Oil and gas rights in the Kindersley area generated more than $2.2 million in bids during Saskatchewan’s first Crown public offering of the 2026–27 fiscal year, highlighting continued industry interest in west-central development.

The April 7 sale brought in a total of $12,835,947 across 87 parcels covering more than 20,700 hectares in the Estevan, Lloydminster, Kindersley and Swift Current regions.

The Kindersley area accounted for $2,267,478 in revenue, ranking third overall but well ahead of Swift Current, which saw just $87,609 in bids.

The highest single bid tied to the Kindersley region came from Whispering Hills Resources Ltd., which offered $1,606,426 for a 6,859-hectare exploration licence located west of Eatonia. The parcel represents one of the largest tracts offered in the sale and signals ongoing exploration interest in the area.

Provincially, the Estevan area led the sale with $5,949,771 in revenue, followed by Lloydminster at $4,531,088. The highest lease bids overall came from Millennium Land Ltd., which submitted two identical offers of $1,223,809 for parcels in the Lloydminster area.

The strongest price per hectare was recorded in the Estevan region, where Tundra Oil & Gas Limited bid $12,150 per hectare for a 32-hectare lease east of Lampman.

Crown leases are issued for five-year terms and allow companies to drill for and produce oil or natural gas, while exploration licences run from two to five years and typically apply to less-developed areas.

The province noted that bidding activity is influenced by a range of factors, including commodity prices, land availability and market conditions.

The next public offering is scheduled for June 2.