Comments on: What companies own the bulk of the oil sand reserves in Alberta? http://pennbradoilmuseum.com/oil-companies/what-companies-own-the-bulk-of-the-oil-sand-reserves-in-alberta Thu, 18 Nov 2010 12:02:59 -0500 http://wordpress.org/?v=2.8.2 hourly 1 By: Curtis D http://pennbradoilmuseum.com/oil-companies/what-companies-own-the-bulk-of-the-oil-sand-reserves-in-alberta/comment-page-1#comment-4281 Curtis D Thu, 14 Jan 2010 15:19:59 +0000 http://pennbradoilmuseum.com/oil-companies/what-companies-own-the-bulk-of-the-oil-sand-reserves-in-alberta#comment-4281 Alberta owns all of the oil sand. The provincial government owns the right to all subsurface and minerals in Alberta, even on private property. Thus the government only leases the rights to subsurface to companies and Alberta collects the royalties on all generated revenue. If you are looking for investment opportunities this is probably not the way to do it! Edit: I would look into alberta based coumpaines that have been around a while and have drillin/minning sites that are on a long-term lease. I don't know many compaines off had but syncrude is one of them. Do a simple google search or talk to a financial advisor. They can help you invest properly, but remember the oil production in alberta is at a low so unless you are ok with investing long term don't expect a qiuck return. Not untill the economy aka the US dollar sky rockets again (if again)<br><b>References : </b><br> Alberta owns all of the oil sand. The provincial government owns the right to all subsurface and minerals in Alberta, even on private property. Thus the government only leases the rights to subsurface to companies and Alberta collects the royalties on all generated revenue.

If you are looking for investment opportunities this is probably not the way to do it!

Edit: I would look into alberta based coumpaines that have been around a while and have drillin/minning sites that are on a long-term lease. I don’t know many compaines off had but syncrude is one of them. Do a simple google search or talk to a financial advisor. They can help you invest properly, but remember the oil production in alberta is at a low so unless you are ok with investing long term don’t expect a qiuck return. Not untill the economy aka the US dollar sky rockets again (if again)
References :

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