In Alberta, the Crown owns 81% of the province's mineral rights (approximately 53.7 million hectares of land). The remaining 19% are 'freehold' mineral rights owned by the federal government on behalf of First Nations or in National Parks, and by individuals and companies. The tenure system facilitates the leasing of rights that enable companies to explore for and develop petroleum and natural gas (PNG) from Alberta's resources, for the benefit of Albertans. About every two weeks a competitive bid auction is held to issue the rights owned by Alberta to successful bidders, see PNG offerings and sales results.
Find out more about the tenure system.