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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Post by Franman184on Nov 19, 2021 7:20am

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Post# 34144499

RE:Freehold weakness today !

Politics will get in the way short term as they try to reduce the cost of gasoline in the USA. Got to keep the voters happy. This will backfire if all countries agree to release stratigic reserves and next years oil prices will be even higher. Let the market price dictate bringing on new supply. That price would be in $100 plus range for oil.

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