Business
Source Rock Royalties closes acquisition of a 5% royalty on light oil in Central Alberta
(NewsDirect) Source Rock Royalties CEO Brad Docherty joined Steve Darling from Proactive to s...
About this update from Source Rock Royalties Ltd.
[{"type":"text","content":"Source Rock Royalties closes acquisition of a 5% royalty on light oil in Central Alberta\n \n \n (NewsDirect)\n \n \n Source Rock Royalties CEO Brad Docherty\njoined Steve Darling from Proactive to share news the company has\nannounced the closing of a 5% gross overriding royalty on three light\noil properties in Central Alberta.\n \n \n Docherty tells Proactive the GORR Lands are currently operated\nby a private company with oil production of 420 bbl/d of low-decline\nlight oil in January 2023.\n \n \n Docherty also shared with Proactive\nmore about the company’s portfolio and also its strategy to scale\nthe business.\n \n \n \n \n \n Contact\nDetails\n \n \n \n Proactive Investors\n \n \n +1 604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":1200,"tagName":"div"}]