Freehold Royalties Ltd T.FRU

Alternate Symbol(s): FRHLF

Freehold Royalties Ltd. is a Canada-based royalty company. It manages non-government portfolios of oil and natural gas royalties in Canada with a sizeable land base in the United States. Its segments include Canada and the United States. Canada segment includes exploration and evaluation assets and the petroleum and natural gas interests in Western Canada. The United States segment 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, North Dakota and New Mexico. Its total land holdings encompass approximately 6.1 million gross acres in Canada and approximately 1.1 million gross drilling acres in the United States. The Company also have gross overriding royalty (GORR) and other interests in approximately five million acres. It has royalty interests in close to 21,000 producing wells and almost 500 units spanning five provinces and eight states.

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Freehold Royalties Ltd

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Comment by bodiggityon Mar 11, 2020 2:53pm

78 Views

Post# 30794742

RE:RE:Question?

There is going to be a lot of money to be made in this stock in the future. How long takes, n one knows.

Rumor has the Ruskies are already regretting their decsion to bail on talks. The Saudis on the other hand went immediately to full throttle. This has the potential to severely damage or even bankrupt some of the smaller OPEC members like Iran, Venezula and Nigeria. If the Saudis can knock that kind of production off in OPEC, and the US shale prroducers stop pumping, we are heading for oil to be in the exact opposite direction a year from now.

Watch where the puck is going, not where it is been.

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