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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.


TSX:FRU - Post by User

Post by Franman184on Mar 04, 2022 12:16pm
267 Views
Post# 34483631

Energy ignorance and our neighbor.

Energy ignorance and our neighbor.On my drive to work today I could not believe the ignorance of the talking heads on CNBC. Blaming all the current oil prices mainly on the Russia Ukraine war. How they need to stop buying 600000 plus barrels of oil from russia. Agreed yes stop buying thier oil. There solutions to replace this oil was Iran or perhaps increase US production. Not once did they mention about the good neighbour to the north with probally the most ethically produced oil in the world and the fact all those Russian barrels would have been replaced with the oil flowing through the cancelled Keystone xl. There is a supply problem currently created from a lack of investment and fix is multiply years away. Green energy will be good but its a decades long solution. Canada wake up!  our product is required and we need to promote such and provnces need to get on board with pipeline acces to tidewater. One province should not keep the rest of the country from doing whats in the best interest of all.
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