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OC 760/2010 - SaskEnergy Incorporated (BG Storage Inc.) and Faro Energy Ventures Ltd. Joint Venture – Acquisition of Real Property for $3,300,000 (Minister Responsible for SaskEnergy Incorporated)
Description:

Title: SaskEnergy Incorporated (BG Storage Inc.) and Faro Energy Ventures Ltd. Joint Venture – Acquisition of Real Property for $3,300,000

Minister: Minister Responsible for SaskEnergy Incorporated

Summary: Orders approval of a transaction to be entered into by SaskEnergy Incorporated, through its indirectly wholly owned subsidiary BG Storage Inc., as a 50/50 joint venture participant with Faro Energy Ventures Ltd., to acquire an undivided one-half interest of real property, more particularly described as those surface and sub-surface petroleum and natural gas interests, related to the Totnes Natural Gas Viking Pool, encompassing the area outlined as listed below, for an amount not to exceed $3,300,000:

    Township 27, Range 18, W3M
    Sections 32, 33, 33, 34, 35

    Township 28, Range 18, W3M
    Sections 2, 3, 4, 5, 6, 8, 9, 10, 11
See: The SaskEnergy Act, section 19





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