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 1.2 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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Post by Franman184on Aug 14, 2021 3:27pm

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Post# 33706433

oil versus coal

Oil has taken the punches latley from the investment and enviroment community but the focus needs to be on coal as the first priorty. 6000 coal plants around the world account for roughly half the greenhouse gases. Convert these to oil or natural gas and we could reduce emission significantly. Oil still has a future for the next few decades until alternatives are found. Theres money to be made in oil yet.

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