Source Rock Royalties Ltd. Stock Analysis SRR.V

Source Rock Royalties Ltd. engages in acquisition of oil and gas properties. The company has an oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, central Alberta and west-central Saskatchewan. The company is indirectly involved in the development and production of oil, natural gas liquids (NGLs) and natural gas, exclusively in western Canada. The company identifies and acquires both existing royalty interests and newly created royalties through collaboration with industry partners. The company owns varying GORRs in approximately 35,000 gross acres of land located in southeast Saskatchewan (the S.E. Saskatchewan GORR Lands). The S.E. Saskatchewan GORR Lands produce predominately light oil from multiple formations, including Frobisher, Midale, Bakken, Tilston, Souris Valley and Lower Watrous-Alida. The company owns a production volume royalty on land located in east-central Alberta. The company owns a 1.5% GORR in approximately 61,000 largely contiguous acres of land located in central Alberta.