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 in three light oil properties in Central Alberta. Docherty telling Proactive the GORR Lands is currently operated by a private company with oil production of 420 bbl/d of low-decline light oil in January 2023. Docherty also shares with Proactive more about the company’s portfolio and also its strategy to scale the business.
Source Rock Royalties closes acquisition of a 5% royalty on light oil in Central Alberta