Alberta King Of First Quarter Land Sale Bonus Bids
Scott Land & Lease Ltd. was the top land buyer in the first quarter, spending $137.37 million in the three months ending March 31 on behalf of unknown producers, with $102.58 million of that spent in Alberta…
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Land pros network at Scott Land & Lease’s First Annual Young Buck’s Party
Whoever said “youth is wasted on the young” could not have known of the scores of young men and women who work in the land profession.
But Scott Land & Lease’s Gregg Scott knows these young-uns well and chose to host an event in their honour. Scott Land & Lease is the oil-and-gas industry’s top land company, with offices in six locations and a staff of 200.
The First Annual Young Buck’s Party was held recently at Craft Beer Market and was attended by more than 100 land professionals under the age of 30. These young bucks are becoming the new movers and shakers in the oil-and-gas business, and the bash proved the perfect opportunity to celebrate their growing importance within the industry.
Joining host Gregg Scott at the party but not included in photographs were: Ryan Swanson and Ryan Annesley, Encana Corp.; Taylor Searle, PetroBakken; Travis Monk and Shaun Cooper from Renegade; Lindsay Smith, Cenovus Energy, and Adam Fellows, Bonavista Energy.
By Bill Brooks
Scott Land & Lease Optimistic About Future Of Land Broker Business
While the trend towards horizontal drilling from a single pad might shrink the “footprint” of the oil and gas industry, requiring less surface land to be acquired by firms in the land business, the industry leader doesn’t see that as any great threat to his business.
In fact, he says rising drilling and land acquisition activity has meant increased business the past couple of years.
Gregg Scott, president of Calgary-based Scott Land & Lease Ltd., which has been the leading land agency involved in oil and gas leasing in Canada for the last 20 years, says last year’s $4.13 billion in cash bonus bids for Crown lands across Canada, $1.45 billion of which were acquired by his firm, signifies growing positive trends for the business.
“No question the big money is following unconventional resource play trends and mostly oil and liquids,” says Scott. “Oilsands land buying activity has slowed in the past couple of years but the hot plays around Western Canada … in the Montney, Duvernay shale, Swan Hills, Bakken, Nordegg etc. have seen a lot of very competitive bidding activity at land sales. This wonderful industry we are in is such that the next great play is probably being quietly acquired as we speak before it hits most companies’ radar screens.”
Scott points to a number of positives for his sector, including $100 a bbl oil, the need for large blocks of land for resource plays like shale gas and tight oil, the success of new technologies in these new plays, such as the Bakken tight oil play in Saskatchewan and liquids-rich shale gas plays, rising competition by industry to get in on those plays, and the need for significant investments in them.
The company, which has 185 employees and retains several consultants on an ongoing basis, has branch offices in Edmonton, Grande Prairie, Fort St. John, Lloydminster and Regina. About half of its employees are landmen, which was Scott’s background for 11 years, before founding his company in 1992.
Scott Land & Lease has diversified into other sectors such as cell-tower site acquisition in the telecommunication industry and land acquisition and stakeholder engagement in the power sector.
It is also involved in the mining sector and has become the most active land company in Saskatchewan’s potash industry.
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Alberta Pulls In $79.86 Million At Wednesday’s Land Sale
The Alberta government collected $79.86 million at Wednesday’s land sale, as a total of 140,967 hectares exchanged hands at an average of $566.49 per hectare. Scott Land & Lease Ltd. acquired a 2,528-hectare parcel for $7.21 million in the area around 67-07-W6, paying an average of $2,852.67. Windfall Resources Ltd. produced the per-hectare high of $16,842, paying a total bonus of $1.08 million for a 64-hectare lease. The broker acquired the rights to the northeast quarter of section three at 66-13-W5.
http://www.dailyoilbulletin.com/issues/article.asp?article=dob%2F120209%2FDOB2012_F90014%2Ehtml
January land sale reaches $27.8 million
Saskatchewan’s oil patch continues to attract interest and investors, as shown by the results from the first sale of Crown petroleum and natural gas rights for 2012. The highest price on a per-hectare basis was $10,405. Scott Land & Lease Ltd. bid $168,462 for a 16-hectare lease parcel south of Lashburn.
St. John Ambulance making a big move
Scott Land & Lease has achieved remarkable success since Gregg Scott founded it 20 years ago to become the leading land company in Western Canada, now with six strategic locations in Alberta, B.C., and Saskatchewan.
John Houghton, former counsel with the Calgary office of Lawson Lundell, has joined Scott Land as vice-president of corporate development. It’s a good fit as Houghton shares the company’s strong philanthropic culture; he was a volunteer with the ’88 Winter Olympics, Heritage Park Foundation, and is incoming chair of Parks Foundation Calgary.
http://www.calgaryherald.com/business/John+Ambulance+making+move/6095492/story.html
Scott Land & Lease Celebrates 25 Years in Lloydminster
It was a pleasure to join the team from Scott Land & Lease today to Celebrate the Grand Opening of their new office and 25 years in Lloydminster.
Howard Parkyn, was the first Scott Land team member hired 25 years ago for the Lloydminster office. We wish them continued success in Lloydminster and look forward to celebrating more milestones with them in the future.
http://mulliganformayor.blogspot.com/2012/01/scott-land-lease-celebrates-25-years-in.html
Scott Land & Lease Celebrates Grand Opening Of Newly Expanded Lloydminster Office
Scott Land & Lease Ltd. announces the grand opening of its newly expanded office in Lloydminster, Alberta, with a ribbon cutting celebration today in honour of this important event.
The Scott Land office is located at #101, 5006 – 18th Street, in the centre of Lloydminster’s newest business district.
Scott Land opened its first branch office in Lloydminster 25 years ago with Howard Parkyn as its first local manager and employee. “We have loyal clients like Husky [Energy Inc.] who we have worked for since opening our Lloydminster office 25 years ago. Our relationships and local knowledge are the keys to our success,” Parkyn said.
“Our commitment and involvement in the community have been important factors to our success over the years,” added Todd Plandowski, current branch manager for Scott Land’s Lloydminster office.
Gregg Scott, president of Scott Land & Lease, said: “By expanding our Lloydminster office we are ensuring that we have the people and infrastructure in place to service our clients well into the future. We have one of the largest groups of land professionals in the market and hope to continue to grow to accommodate our clients’ growing needs.”
Today’s event will be attended by several of Scott Land’s loyal clients, its staff and other distinguished guests, including Tim McMillan, MLA; Lloyd Snelgrove, MLA; Gerry Ritz, MP; Leon Benoit, MP; and Jeff Mulligan, Lloydminster’s mayor.
Also in attendance will be J.R. Houghton, senior vice-president of corporate development for Scott Land & Lease. “We are delighted that Scott Land’s Lloydminster office has experienced the growth and success that has led us to this expansion. This branch office has been servicing our clients for 25 years and brings with it so much promising potential. We look forward to watching their progress in the coming years.”
The Scott Land & Lease Lloydminster office specializes in surface acquisition, freehold mineral acquisition, project management and administration. The land agents are also licensed in both Alberta and Saskatchewan. The Lloydminster office works closely with Scott Land’s network of offices in Calgary, Edmonton, Regina, Grande Prairie and Fort St. John.
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Scott Land Top Spender At 2011 Crown Land Sales
For the 20th consecutive year, Scott Land & Lease Ltd. ranked atop the Daily Oil Bulletin list of Crown land purchasers in Canada during 2011, a year that saw a total of $4.13 billion in cash bonus bids.
Scott Land invested $1.45 billion on behalf of producers last year to acquire 1.42 million hectares of land.
Top 10 All Province Parcels (By Bonus) January – December 2011
|
PURCHASE |
BONUS | AREA | LAND SALE | PARCEL# | $/HECTARE |
| 1. Scott Land & Lease Ltd. | $123,674,573 | 61-16W5 | 11/08/24 | B0404 | $16,103.46
|
| 2. Meridian Land Services (90) Ltd. | $106,505,798 | 41-3W5 | 11/06/01 | B0341 | $13,529.70
|
| 3. Scott Land & Lease Ltd. | $96,678,380 | 61-25W5 | 11/03/23 | B0718 | $11,801.56
|
| 4. Cavalier Land Ltd. | $93,870,899 | 41-4W5 | 11/06/01 | B0340 | $14,103.20
|
| 5. Basm Land & Resources Ltd. | $85,468,416 | 41-5W5 | 11/06/01 | B0343 | $11,128.70
|
| 6. Plunkett Resources Ltd. | $79,851,802 | 63-15W5 | 11/08/24 | B0405 | $10,397.37
|
| 7. Centennial Land Services Ltd. | $71,997,480 | 43-5W5 | 11/06/01 | B0346 | $9,310.95
|
| 8. Standard Land Company Inc. | $63,902,502 | 38-6W5 | 11/06/01 | B0334 | $13,137.85
|
| 9. Scott Land & Lease Ltd. | $58,955,882 | 44-8W5 | 11/12/14 | B0480 | $8,010.31
|
| 10. Canadian Coastal Resources Ltd. | $57,095,671 | 40-5W5 | 11/06/01 | B0336 | $14,389.03
|
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Western Canadian Governments Received $4.13 Billion In Land Bonus Payments In 2011
Alberta enjoyed a record land sale year in 2011. The provincial government brought in an all-time record of $3.64 billion in bonus revenue last year on 4.61 million hectares at an average of $790.33.
The big drivers for the record expenditures included plays such as the Duvernay shale, Swan Hills tight carbonates, Montney, Alberta Exshaw/Bakken shale and tight oil, Nordegg shale and the Second White Specks.
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