Sales remain sluggish at B.C.'s monthly auctions of Crown petroleum and natural gas rights.
Industry spent just $166,372 at the May 22 sale, picking up five drilling licences and three leases.
Canadian Natural Resources picked up a 1,411-hectare licence northeast of Fort St. John for $44,629.
Synergy Land Services picked up four licences covering 2,256 hectares northeast of Fort St. John, for a combined total of $89,968.80
Aqua Terra Water Management picked up a 259-hectare lease in the Bear Flat area for $25,833.50
Buffalo Hill Resources picked up a 260-lease in the Charlie Lake area for $6,700.
Synergy picked up a 64-hectare lease in the North Pine area for $2,240.
Industry bought 4,250 hectares overall in May, at average price of $39.15 per hectare.
With rent and other fees, the province took in $187,579.23 for the month, bringing its year-to-date total to roughly $2.7 million.
At this time last year, the province had generated $17.5 million in revenues through the first five months of 2018.
Year over year, sales this month were down from May 2018, when the province generated $1.3 million from five drilling licences and one lease.
The next sale is scheduled for June 19, with four leases on offer.
Email Managing Editor Matt Preprost at email@example.com.