RE: How much DID HAO pay for the oilsands leases?Baron of Oil
"I heard a rumor that they picked up these leases for next to nothing because they may be unfavorable to core on. Does anyone have the exact figures on leases they bought in ft. mac??"
That was a long time ago (during winter drilling season) but a figure of about $53,000 hit a bell. Was never sure where they were, as was never stated, but kinda concluded that they might be 120 kilometers NW of Fort McKay in the "Bush, (G.W.II)" or along some "Fresh Water Stream" for that "Ballpark Figure".
Conversely, I remain more "intrigued" by Sawn Lake Alberta and HAO's "Ownership" through Andora, POE, DWOG, SRGG (or whomever is their choice of the day?) and Signet's recent response for the Heavy Oil Exploitation Project designed there.
Conclude what you wish....and don't "blame" the companies. "Blame" someone's Greed.