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home / news releases / SRR:CC - Source Rock Royalties closes acquisition of a 5% royalty on light oil in Central Alberta

SRR:CC - Source Rock Royalties closes acquisition of a 5% royalty on light oil in Central Alberta

Source Rock Royalties Ltd.

--News Direct--

Source Rock Royalties CEO Brad Docherty joined Steve Darling from Proactive to share news the company has announced the closing of a 5% gross overriding royalty on three light oil properties in Central Alberta.

Docherty tells Proactive the GORR Lands are currently operated by a private company with oil production of 420 bbl/d of low-decline light oil in January 2023.

Docherty also shared with Proactive more about the company’s portfolio and also its strategy to scale the business.

Contact Details

Proactive Investors

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/source-rock-royalties-closes-acquisition-of-a-5-royalty-on-light-oil-in-central-alberta-152933368

Stock Information
Company Name: Source Rock Royalties Ltd.
Stock Symbol: SRR:CC
Market: TSXVC
Website: sourcerockroyalties.com
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