PrairieSky Royalty Ltd (TSE:PSK)

North American company
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Market Info - PSK

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Company Info - PSK

  • Market CapCAD2.013bn
  • SymbolTSE:PSK
  • IndustryEnergy
  • SectorOil & Gas E&P
  • Currency
  • ISINCA7397211086

Company Profile

PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.PrairieSky Royalty Ltd is engaged in leasing oil and gas fee lands and acquiring additional lands or interests, in each case to generate royalties.

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