Source Rock Royalties Ltd V.SRR

Alternate Symbol(s): SRRRF

Energy Oil & Gas E&P

Source Rock Royalties Ltd is a Canada-based oil and gas royalty company with a portfolio of oil royalties in southeast Saskatchewan, central Alberta and west-central Saskatchewan. It owns varying royalties in lands that are primarily producing and prospective for light oil. The primary business of the Company is to receive royalty revenue from oil and natural gas properties as reserves are produced by the operators over the economic life of the properties. The Company is focused on acquiring and managing oil and gas royalties and mineral title interests. It also focuses on acquiring royalties in properties that have foreseeable future drilling potential and which are operated by third parties. It owns mineral interests in two quarter sections of land and a 2% gross overriding royalty (GORR) in approximately 5,800 gross acres of land in southeast Saskatchewan.

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Source Rock Royalties Ltd > RECORD ANNUAL ROYALTY PRODUCTION & REVENUE V.SRR

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Post by Betteryear2on Mar 20, 2024 11:20am

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RECORD ANNUAL ROYALTY PRODUCTION & REVENUE V.SRR

/Not for distribution to U.S. news wire services or dissemination in the U.S./

CALGARY, AB, March 20, 2024 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR), a pure-play oil and gas royalty company with an established portfolio of oil royalties, announces unaudited operational and financial highlights for fiscal 2023 and the fourth quarter of 2023 ("Q4 2023"). Annual royalty production and revenue were the highest results in Source Rock's 11-year history.

SOURCE ROCK ROYALTIES ANNOUNCES RECORD ANNUAL ROYALTY PRODUCTION & REVENUE (newswire.ca)