Offset Signal

Map › Formations › Exshaw

Exshaw land sales in Alberta

Since 2003, 11,000 Alberta Crown petroleum and natural gas parcels whose rights include the Exshaw (Alberta Bakken) have sold for $983.1 million in bonus, an average of $251.92/ha, within the Alberta Geological Survey outline. In the last 12 months, 82 sold for $11.0 million at an average of $170.83/ha. 28 parcels with Exshaw rights are posted for upcoming sales.

Devonian-Mississippian black shale and the overlying Lower Banff, the Alberta equivalent of the Bakken, tested as a light-oil play in southern Alberta.

Bonus since 2003$983,085,890
Parcels sold11,000
Last 12 months$10,971,558
12-month average$170.83/ha

Open the map filtered to the Exshaw →

Exshaw AGS evaluated areaparcels sold in the last 2 years

Posted for upcoming sales (28)

SaleContractLandsHectaresRights
2026-11-18A006520-8-10-W4256Below the base of the second white specks to basement
2026-11-18A006629-8-10-W4256Below the base of the second white specks to basement
2026-11-18A0067SE-27-12-19-W464Surface to basement
2026-11-18A0068SW-27-12-19-W464Surface to basement
2026-11-18A0069NE-27-12-19-W4, NW-27-12-19-W4128Surface to basement
2026-11-18A0070NW-32-12-19-W464Below the base of the Mannville Grp to basement
2026-11-18A0071SE-36-12-19-W464Below the base of the Mannville Grp to basement
2026-11-18A0072SW-36-12-19-W464Below the base of the Mannville Grp to basement
2026-11-18A0073NW-2-13-19-W464Below the base of the Mannville Grp to basement
2026-11-18A0074NW-4-13-19-W464Surface to the base of the Bow Island Sd excepting in the Belly River Grp below the base of the Livingstone Fm to basement
2026-11-18A0075NW-5-13-19-W464Surface to the base of the Bow Island Sd below the base of the Mannville Grp to basement
2026-11-18A0076SE-7-13-19-W464Surface to basement excepting in the Mannville Grp
2026-11-18A0077NE-7-13-19-W464Below the base of the Mannville Grp to basement
2026-11-18A0078SW-10-13-19-W464Below the base of the Mannville Grp to basement
2026-11-18A0079NW-10-13-19-W464Below the base of the Mannville Grp to basement
2026-11-18A0080NW-12-13-19-W464Surface to basement
2026-11-18A0081SE-20-13-19-W464Surface to basement
2026-11-18A0082NE-20-13-19-W464Surface to basement
2026-11-18A0083SE-21-13-19-W464Below the base of the Mannville Grp to basement
2026-11-18A0084NE-28-13-19-W464Surface to basement
2026-11-18A0085SW-34-13-19-W464Surface to basement
2026-11-18A0086NE-1-22-14-W4, NW-1-22-14-W4, SE-1-22-14-W4 +3272Below the base of the second white specks to basement; Below the base of the second white specks to basement excepting in the Mannville Grp
2026-11-18A0087NE-23-22-14-W4, NW-23-22-14-W4, SE-23-22-14-W4 +1141Below the base of the second white specks to basement
2026-12-16A0031NW-7-13-17-W464Surface to the base of the Bow Island Sd below the base of the Mannville Grp to basement
2026-12-16A0032SW-16-13-17-W464Surface to the base of the second white specks below the base of the Mannville Grp to basement
2026-12-16A0033SW-28-13-17-W464Below the base of the Mannville Grp to basement
2026-12-16A003430-25-1-W4256Surface to basement
2026-12-16A003513-25-5-W4256Surface to basement

Exshaw rights sold by year

YearOfferedSoldBonusHectaresAverage
202611378$10,867,50662,496$173.89/ha
20255543$2,849,88217,136$166.31/ha
20248274$7,285,90826,864$271.21/ha
2023181128$13,256,927116,896$113.41/ha
202211393$5,035,01038,676$130.18/ha
20217971$3,172,45331,584$100.44/ha
20203029$1,165,87815,459$75.42/ha
2019212205$5,150,34584,808$60.73/ha
2018298269$7,840,34990,169$86.95/ha
2017264255$6,305,02696,330$65.45/ha
2016277260$3,396,73577,093$44.06/ha
2015317301$10,139,296140,329$72.25/ha
2014517514$37,880,427155,993$242.83/ha
2013440366$33,242,185287,841$115.49/ha
2012770753$83,129,064415,446$200.10/ha
2011856853$140,417,046339,688$413.37/ha
2010840795$216,607,981305,084$709.99/ha
2009531522$13,409,802125,884$106.52/ha
2008695692$29,897,265190,671$156.80/ha
2007623620$43,676,228151,180$288.90/ha
2006878851$77,274,000236,406$326.87/ha
2005991991$82,188,112270,660$303.66/ha
20041,1611,154$80,896,104300,636$269.08/ha
20031,0881,083$68,002,362325,118$209.16/ha

Top townships for Exshaw rights, last 5 years

TownshipParcelsBonusAverage
T27 R15 W45$2,616,241$291.99/ha
T6 R25 W42$2,576,858$639.10/ha
T18 R9 W48$1,666,084$456.71/ha
T30 R1 W417$1,593,332$218.38/ha
T7 R25 W42$1,468,378$358.49/ha
T24 R13 W48$1,461,811$1,074.86/ha
T16 R10 W43$1,328,400$1,092.43/ha
T17 R10 W49$1,119,464$291.53/ha
T17 R9 W45$1,092,327$355.58/ha
T28 R1 W47$1,012,424$304.21/ha
T33 R1 W47$957,618$855.02/ha
T23 R8 W44$779,810$111.78/ha
T26 R2 W44$694,969$264.85/ha
T10 R24 W44$691,416$216.07/ha
T29 R17 W43$665,180$253.50/ha
T23 R10 W45$655,464$150.61/ha
T15 R10 W41$561,487$438.66/ha
T19 R14 W49$555,382$394.45/ha
T34 R1 W42$533,284$462.92/ha
T21 R7 W48$493,291$265.78/ha

Most recent Exshaw parcels sold

SaleContractCommodityLandsHectaresBonus$/haBuyer
2026-10-21A0073PNG9-9-23-14-W4, 15-9-23-14-W432$2,250$70.31/haSherwan Resources Inc.
2026-10-21A0072PNG22-18-10-W4256$162,760$635.78/haBuffalo Hill Resources Ltd.
2026-10-21A0071PNG21-18-10-W4256$162,760$635.78/haBuffalo Hill Resources Ltd.
2026-10-21A0068PNG21-17-10-W4256$91,589$357.77/haIpc Canada Ltd.
2026-10-07A0016PNGSE-25-24-13-W4, SW-25-24-13-W4, 11-25-24-13-W4 +4256$550,362$2,149.85/haMillennium Land Ltd.
2026-10-07A0011PNG27-17-9-W4, 34-17-9-W4, 3-18-9-W4768$33,085$43.08/haNorthbank Royalty Corp.
2026-10-07A0013PNGNE-17-19-14-W4, NW-17-19-14-W4, SE-20-19-14-W4 +1256$73,695$287.87/haMillennium Land (111) Ltd.
2026-10-07A0015PNG3-24-24-13-W4, 6-24-24-13-W4, NE-24-24-13-W4 +4256$301,537$1,177.88/haMillennium Land Ltd.
2026-10-07A0014PNG23-24-13-W4256$9,615$37.56/haMillennium Land (222) Ltd.
2026-10-07A0017PNGNE-26-24-13-W464$2,495$38.99/haMillennium Land (222) Ltd.
2026-10-07A0018PNG11-35-24-13-W4, 14-35-24-13-W4, SE-35-24-13-W4 +6240$42,600$177.50/haMillennium Land (222) Ltd.
2026-10-07A0019PNGNE-36-24-13-W4, 3-36-24-13-W4, 6-36-24-13-W4 +4256$551,073$2,152.63/haMillennium Land Ltd.
2026-10-07A0020PNGSE-1-25-13-W4, SW-1-25-13-W4, NE-1-25-13-W4 +1256$11,827$46.20/haMetropolitan Resources Inc.
2026-09-16A0047PNGSE-25-2-17-W464$3,320$51.88/haKeho Energy Inc.
2026-09-16A0043PNG1-2-17-W4256$11,003$42.98/haKeho Energy Inc.
2026-09-16A0044PNG12-2-17-W4256$41,467$161.98/haKeho Energy Inc.
2026-09-16A0046PNG24-2-17-W4256$77,563$302.98/haKeho Energy Inc.
2026-09-16A0045PNG13-2-17-W4256$62,203$242.98/haKeho Energy Inc.
2026-09-16A0048PNG35-2-17-W4256$32,937$128.66/haKeho Energy Inc.
2026-09-16A0049PNGNE-36-2-17-W4, NW-36-2-17-W4, SE-36-2-17-W4 +1251.96$10,829$42.98/haKeho Energy Inc.
2026-09-16A0052PNG5-29-17-W4256$45,790$178.87/haSynergy Land Services Ltd.
2026-08-05B0036PNG29-8-11-W4, 30-8-11-W4, 31-8-11-W4 +41,792$71,931$40.14/haMillennium Land (111) Ltd.
2026-08-05A0002PNG15-10-11-W4, 16-10-11-W4, NE-21-10-11-W4 +121,708.70$68,758$40.24/haMillennium Land (111) Ltd.
2026-08-05A0003PNGNW-33-21-8-W4, SE-33-21-8-W4, SW-33-21-8-W4 +5512$243,712$476.00/haResponse Energy Corporation
2026-08-05A0004PNGNW-4-22-8-W4, SW-4-22-8-W4, 5-22-8-W4384$183,168$477.00/haResponse Energy Corporation
2026-08-05A0005PNGNE-9-22-8-W4, NW-9-22-8-W4, SW-9-22-8-W4192$91,392$476.00/haResponse Energy Corporation
2026-08-05A0007PNG31-22-8-W4, NW-36-22-9-W4, SE-36-22-9-W4 +2512$77,312$151.00/haResponse Energy Corporation
2026-08-05A0008PNG2-4-23-8-W4, 7-4-23-8-W4, 8-4-23-8-W4 +81,280$143,360$112.00/haResponse Energy Corporation
2026-08-05A0009PNG6-23-8-W4, 7-23-8-W4, 18-23-8-W4 +31,536$327,168$213.00/haResponse Energy Corporation
2026-08-05B0037PNG2-9-11-W4, 3-9-11-W4, 9-9-11-W4 +52,048$82,166$40.12/haBritt Radius Ltd.
2026-08-05B0039PNG6-10-13-W4, 35-9-14-W4, 2-10-14-W4 +31,536$58,629$38.17/haMillennium Land (333) Ltd.
2026-08-05B0040PNG6-11-11-W4, 7-11-11-W4, 17-11-11-W4 +192,560$130,125$50.83/haBritt Radius Ltd.
2026-08-05B0041PNG33-11-11-W4, 34-11-11-W4, 2-12-11-W4 +41,792$127,232$71.00/haBering Exploration Company, ULC
2026-08-05B0042PNG17-11-12-W4, SE-18-11-12-W4, 19-11-12-W4 +61,536$80,225$52.23/haMillennium Land (555) Ltd.
2026-08-05B0043PNG17-12-11-W4, 18-12-11-W4, 19-12-11-W4 +71,792$68,221$38.07/haMillennium Land (555) Ltd.
2026-08-05B0044PNG17-12-12-W4, 19-12-12-W4, 20-12-12-W4 +31,536$80,133$52.17/haMillennium Land (333) Ltd.
2026-08-05B0045PNGNE-33-12-12-W4, NW-33-12-12-W4, SE-33-12-12-W4 +61,650.95$85,899$52.03/haMillennium Land (555) Ltd.
2026-08-05B0038PNG7-9-11-W4, 18-9-11-W4, 19-9-11-W4 +31,536$61,763$40.21/haMillennium Land (555) Ltd.
2026-07-22A0075PNG1-25-3-W4256$8,960$35.00/haSaturn Oil & Gas Inc.
2026-07-22A0076PNG13-25-4-W4256$8,960$35.00/haSaturn Oil & Gas Inc.
2026-07-22A0074PNG6-25-2-W4, 7-25-2-W4512$17,920$35.00/haSaturn Oil & Gas Inc.
2026-07-08A0007PNG9-32-18-10-W4, 10-32-18-10-W4, 15-32-18-10-W4 +3192$68,964$359.19/haPrairie Provident Resources Canada Ltd.
2026-07-08A0004PNG19-16-7-W4, 31-16-7-W4, 30-16-7-W4 +11,024$90,153$88.04/haNorthbank Royalty Corp.
2026-07-08A0005PNGNW-33-16-10-W4, SE-33-16-10-W4, SW-33-16-10-W4 +4448$129,904$289.96/haMillennium Land (111) Ltd.
2026-07-08A0006PNGNE-5-18-10-W464$28,427$444.17/haNorthbank Royalty Corp.
2026-07-08A0002PNG19-10-12-W4, NE-20-10-12-W4, NW-20-10-12-W4 +131,791.90$87,337$48.74/haMillennium Land (222) Ltd.
2026-07-08A0008PNGNE-3-22-5-W4, SE-3-22-5-W4, SE-11-22-5-W4 +5512$40,940$79.96/haHemisphere Energy Corporation
2026-07-08B0048PNG22-9-13-W4, 25-9-13-W4, NE-26-9-13-W4 +162,368$114,966$48.55/haMillennium Land (444) Ltd.
2026-07-08B0049PNG28-10-13-W4, 1-29-10-13-W4, 2-29-10-13-W4 +392,304$85,640$37.17/haMetropolitan Resources Inc.
2026-07-08A0003PNGNE-9-10-13-W4, NW-9-10-13-W4, 11-11-10-13-W4 +231,652.27$62,885$38.06/haMillennium Land (111) Ltd.
2026-06-17B0067PNGNE-31-6-25-W4, NW-31-6-25-W4, SW-31-6-25-W4 +143,776$2,567,642$679.99/haCougar Creek Land Ltd.
2026-05-20A0068PNG19-26-13-W4, 30-26-13-W4, 35-25-14-W4 +153,840$433,900$112.99/haSynergy Land Services Ltd.
2026-05-20A0067PNG2-22-5-W4256$57,830$225.90/haHemisphere Energy Corporation
2026-05-20A0066PNG1-21-7-W4256$21,217$82.88/haHemisphere Energy Corporation
2026-05-20A0065PNG6-21-6-W4256$17,088$66.75/haHemisphere Energy Corporation
2026-05-20A0064PNG28-21-5-W4256$14,976$58.50/haHemisphere Energy Corporation
2026-05-20A0063PNG32-20-6-W4256$14,976$58.50/haHemisphere Energy Corporation
2026-05-20A0062PNG29-20-6-W4256$16,865$65.88/haHemisphere Energy Corporation
2026-05-06A0003PNG27-21-5-W4256$11,400$44.53/haHemisphere Energy Corporation
2026-05-06A0002PNG31-20-6-W4256$22,730$88.79/haHemisphere Energy Corporation
2026-05-06A0005PNG16-21-6-W4256$21,985$85.88/haHemisphere Energy Corporation
2026-05-06A0004PNGNE-29-21-5-W4, NW-29-21-5-W4128$6,368$49.75/haHemisphere Energy Corporation
2026-04-08B0017PNG18-7-25-W4, 19-7-25-W4, 20-7-25-W4 +123,840$1,459,162$379.99/haMillennium Land Ltd.
2026-04-08B0016PNG2-6-26-W4, 10-6-26-W4, 11-6-26-W4 +113,584$412,160$115.00/haMillennium Land (333) Ltd.
2026-03-11A0015PNG27-20-6-W4256$32,067$125.26/haHemisphere Energy Corporation
2026-03-11A0011PNG9-9-11-19-W4, 10-9-11-19-W4, 11-9-11-19-W4 +7256$9,644$37.67/haRothmans Energy Inc.
2026-03-11A0013PNGNE-19-20-6-W4, SE-19-20-6-W4, SW-19-20-6-W4 +1256$8,986$35.10/haHemisphere Energy Corporation
2026-03-11A0014PNG20-20-6-W4256$14,976$58.50/haHemisphere Energy Corporation
2026-03-11A0012PNG16-11-19-W4, 17-11-19-W4512$18,826$36.77/haRothmans Energy Inc.
2026-03-11A0016PNG30-20-6-W4256$19,341$75.55/haHemisphere Energy Corporation
2026-03-11A0017PNG33-20-6-W4256$19,341$75.55/haHemisphere Energy Corporation
2026-03-11A0018PNG34-20-6-W4256$32,067$125.26/haHemisphere Energy Corporation
2026-02-11A0001PNG31-34-1-W4, NW-32-34-1-W4, SW-32-34-1-W4 +5896$468,518$522.90/haMillennium Land (555) Ltd.
2026-01-28A0073PNG32-7-25-W4256$9,216$36.00/haSynergy Land Services Ltd.
2026-01-28A0071PNG18-6-25-W4256$9,216$36.00/haSynergy Land Services Ltd.
2026-01-14A0007PNG2-26-14-W4256$60,884$237.83/haSynergy Land Services Ltd.
2026-01-14A0001PNG17-25-14-W4256$16,707$65.26/haMillennium Land (111) Ltd.
2026-01-14A0008PNG11-26-14-W4256$62,408$243.78/haSynergy Land Services Ltd.
2025-12-17A0036PNG24-27-18-W4256$9,388$36.67/haTurner Land Ltd.
2025-12-17A0035PNGNE-13-27-18-W4, NW-13-27-18-W4128$5,362$41.89/haTurner Land Ltd.
2025-12-17A0033PNGNE-30-17-10-W4, NW-30-17-10-W4, SE-30-17-10-W4 +111,280$87,014$67.98/haBuffalo Hill Resources Ltd.
2025-11-19A0010PNGSW-24-27-8-W464$2,288$35.75/haCanadian Natural Resources Limited
2025-08-20A0049PNG35-17-20-W4256$9,027$35.26/haBadlands Resources Limited
2025-08-20A0048PNG1-16-20-W4256$10,268$40.11/haBadlands Resources Limited
2025-07-09A0004PNG4-25-10-W4256$9,211$35.98/haJp Energy Corp.
2025-07-09A0001PNG35-15-20-W4256$10,268$40.11/haBadlands Resources Limited
2025-07-09A0002PNG2-16-20-W4256$8,988$35.11/haBadlands Resources Limited
2025-07-09A0003PNGSW-12-22-7-W464$3,057$47.77/haIhh Energy Corp.
2025-07-09A0005PNG5-25-10-W4256$9,723$37.98/haJp Energy Corp.
2025-06-25A0047PNG16-26-2-W4, 17-26-2-W4512$131,528$256.89/haMillennium Land (555) Ltd.
2025-06-25A0045PNG21-21-9-W4256$9,792$38.25/haHemisphere Energy Corporation
2025-06-25A0046PNG31-25-1-W4, 6-26-1-W4, 1-26-2-W4 +11,024$321,516$313.98/haAim Acquisition Company 2018 Ltd.
2025-06-25A0044PNG20-21-9-W4256$9,792$38.25/haHemisphere Energy Corporation
2025-06-25A0048PNGNE-26-26-2-W4, 35-26-2-W4, 2-27-2-W4 +1832$276,033$331.77/haWhispering Hills Resources Ltd.
2025-06-25A0049PNG11-27-3-W4, 12-27-3-W4512$120,955$236.24/haSynergy Land Services Ltd.
2025-06-11A0002PNG14-28-1-W4256$137,472$537.00/haMillennium Land (555) Ltd.
2025-04-02A0002PNG32-29-2-W4, 5-30-2-W4512$18,488$36.11/haJp Energy Corp.
2025-04-02A0001PNGSW-27-11-13-W4, 2-22-11-13-W4, 7-22-11-13-W4 +7304$93,000$305.92/haBarrel Oil Corp.
2025-03-19A0118PNG4-30-2-W4, 9-30-2-W4512$22,584$44.11/haMillennium Land (222) Ltd.
2025-03-19A0117PNG33-18-19-W4256$14,420$56.33/haBadlands Resources Limited

Highest $/ha for Exshaw rights

SaleContractCommodityLandsHectaresBonus$/haBuyer
2011-07-13A0006PNG6-9-24-W4, 30-9-24-W4, 12-9-25-W4 +51,728$14,197,524$8,216.16/haWindfall Resources Ltd.
2005-01-26A0550PNG16-14-6-17-W416$103,133$6,445.80/haScott Land & Lease Ltd.
2011-04-06A0038PNG16-9-24-W4256$1,632,512$6,377.00/haArgosy Energy Inc.
2007-02-07A0075PNGNE-26-28-10-W464$401,255$6,269.61/haRio Petro Ltd.
2011-07-27A0337PNG14-7-25-W4256$1,576,003$6,156.26/haStandard Land Company Inc.
2006-06-14A0405PNGNW-9-13-21-W464$357,016$5,578.37/haLandsolutions Inc.
2007-04-04A0022PNG11-14-26-W4256$1,415,137$5,527.88/haStandard Land Company Inc.
2010-06-16A0187PNG9-18-10-W4256$1,411,325$5,512.99/haO & G Resource Group Ltd.
2010-05-05A0052PNG34-17-10-W4256$1,395,791$5,452.31/haCrew Energy Inc.
2011-04-06A0039PNG18-9-24-W4256$1,376,512$5,377.00/haArgosy Energy Inc.
2010-05-05A0053PNG3-18-10-W4256$1,343,391$5,247.62/haCrew Energy Inc.
2014-07-09A0024PNGSE-29-20-10-W4, 20-20-10-W4320$1,676,947$5,240.46/haContiguous Resources Ltd.
2010-05-05A0051PNGW½-33-17-10-W4, E½-33-17-10-W4256$1,340,897$5,237.88/haCrew Energy Inc.
2011-04-06A0027PNG3-7-25-W4, 10-7-25-W4512$2,488,889$4,861.11/haAntelope Land Services Ltd.
2011-04-06A0035PNG5-8-25-W4, 6-8-25-W4, 7-8-25-W4768$3,699,798$4,817.45/haAntelope Land Services Ltd.

How parcels are matched

1. Rights. The parcel's rights, as worded in the Crown's offering notice, include the Exshaw. Rights descriptions are placed on the Crown's stratigraphic zone order (each notice lists a depth code for the zones it names), so “below the base of the Doig to basement” includes the Montney while “surface to the top of the Montney” does not, and “excepting” lines are removed.

2. Area. The parcel touches the Alberta Geological Survey's evaluated area for the Exshaw (AER/AGS Digital Dataset 2013-0024), shown as the solid outline on the map below.

The Crown codes this interval as the Lower Banff-Exshaw; the AGS area is its evaluated Basal Banff/Exshaw study area in southern Alberta.

Most Crown parcels are sold “surface to basement”, so these are parcels that convey Exshaw rights, not necessarily parcels bought for the Exshaw.

Formation outline: Rokosh, C.D. et al. (2013): Alberta shale report: outlines of evaluated shale and siltstone units (GIS data, polygon features); Alberta Energy Regulator, AER/AGS Digital Dataset 2013-0024. Open Government Licence – Alberta.