Calgary, AB — November 3, 2025 — Leads & Copy — Source Rock Royalties Ltd. (TSXV: SRR) has announced a joint-acquisition of oil sands and petroleum and natural gas (PNG) leases in Alberta through a joint-acquisition agreement with a private company (JV Co).
The Leasing JV’s primary focus is on acquiring mineral rights prospective for various heavy oil horizons within the Mannville Stack. The parties have leased 11 sections of Crown mineral rights, comprised of 7 sections of 15-year oil sands leases and 4 sections of 5-year PNG leases.
Source Rock’s current working capital is approximately $4.5 million ($0.10 per share). The Leasing JV is focused on establishing an undeveloped land base that provides exposure to both near term drilling potential and longer-term upside optionality.
Brad Docherty, President & CEO, expressed excitement about the Leasing JV and the prospects gained through the leased mineral rights.
Source Rock is a pure-play oil and gas royalty company with an oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, central Alberta and west-central Saskatchewan. It aims for a balanced growth and yield business model.
Brad Docherty, President & CEO
Source: Source: Source Rock Royalties Ltd.
