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Gross Royalty Trust Agreements


The late 1940’s were the golden years for conventional oil exploration in Alberta. The seismic technology used to discover the giant oil and gas bearing Devonian-age reef at Leduc in 1947 was applied throughout southern Alberta. Additional major light oil discoveries followed rapidly at Redwater, Stettler, Golden Spike and Bon Accord. By 1950, most of […]
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