A $2.3-million lease helped drive British Columbia's Crown petroleum and natural gas rights auction in November.
Industry spent $3.8 million at the Nov. 2 sale, picking up 22 drilling licenses covering 15,912 hectares and a single lease covering 528 hectares.
Windfall Resources was the biggest player at the auction. It picked up the only lease on offer in November, spending $2.3 million for a parcel in the Monias-Saturn area, about 30 kilometres southwest of Fort St. John.
The company also spent $912,839 for 12 drilling licences covering 6,108 hectares.
Scott Land & Lease Ltd. spent $469,305 on six drilling licences covering 2,205 hectares.
Meanwhile, Plunkett Resources Ltd. spent $110,017.56 on two licences covering 1,564 hectares, while Stomp Energy Ltd. spent $83,885.56 on a pair of licences covering 1,045 hectares.
The province's $3.8 million tally is a new monthly high for land sales this year, and pushes the yearly total to $14.37 million. With just one more sale left in the calendar year, the province needs to collect at least $2.35 million in December to avoid the record low of $16.72 million in 1982.
The next sale is set for Dec. 14.
For full results of the November sale, click here.
