Operations

The Operations section of this website outlines the vast land inventory (Crown Mineral Rights) currently held by Stormhold Energy Ltd.(SEL). 

 

These Crown Mineral Rights assets were accumulated in 2009 & 2010 during a time of tremendous financial & economic turmoil now referred to as the ‘Great Recession’.  It was also a time that the Alberta government introduced measures to raise royalties and to unilaterally revise historical royalty contracts on the mega projects in the oil sands.

 

In March of 2009 the price of West Texas Intermediate Crude was < $35.00 / barrel USD.  SEL accumulated these tremendous assets when land prices were extraordinarily depressed and without incurring any debt.