Freehold Royalties Ltd T.FRU

Alternate Symbol(s): FRHLF

Freehold Royalties Ltd. is a Canada-based royalty company. The Company manages non-government portfolios of oil and natural gas royalties in Canada with an expanding land base in the United States. Its primary focus is to acquire and actively manage royalties, while providing a lower risk income vehicle for its shareholders. Its total land holdings encompass approximately 6.2 million gross acres in Canada. It has royalty interests in more than 19,000 producing wells and almost 400 units spanning five provinces and eight states and receives royalty income from over 360 industry operators throughout North America. It has two geographical segments: Canada, which includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada, and US includes petroleum and natural gas interests primarily held in the Permian (Midland and Delaware), Eagle Ford, Haynesville and Bakken basins largely located in the states of Texas, Louisiana, and North Dakota.

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Post by retiredcfon Jul 22, 2021 9:00am

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Post# 33586836

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Oil demand is growing and peak is years away: Prestige Economics president

Jason Schenker, president of Prestige Economics, breaks down the latest U.S. oil inventory data. He said demand data is strong with U.S. TSA traveler throughput rising, cruises for July 2021 sold out early this month and more people set to hit the road. He also said crude oil demand is likely to significantly rise in 2022.

https://www.bnnbloomberg.ca/video/oil-demand-is-growing-and-peak-is-years-away-prestige-economics-president~2245830

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