REGINA, Sask. — The Government of Saskatchewan's final 2026 public offering of helium and associated gases Crown permits generated more than $4.9 million in revenue, according to a Nov. 6 news release from the Government of Saskatchewan.
All eight permits received successful bids, the government said. The permits covered a total area of 208,839 hectares, with Millennium Land Ltd. placing the highest bid, offering $1,198,327 for a permit southwest of Moose Jaw.
The government noted Millennium Land Ltd. bid on five permits for a total of approximately $3 million, covering an area of 106,354 hectares. Synergy Lands Services Ltd. was the other successful bidder in this offering, at approximately $1.9 million for three permits covering a total area of 102,484 hectares.
This year's third public offering of helium and associated gases Crown permits reflects strong and ongoing industry interest in Saskatchewan's helium and natural hydrogen potential, the government said. To meet growing demand for exploration rights, the Ministry of Energy and Resources launched a public offering system this fiscal year that mirrors the competitive bidding processes used for Crown petroleum and natural gas, potash and brine lithium rights.
Since introducing the new helium and associated gases public offering process in June, the Government of Saskatchewan said it has generated a total of $23.3 million in revenue.
The ministry expects to hold the next helium and associated gases public offering on April 5, 2027.
More to come.
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