For outstanding contributions to the petroleum industry in Saskatchewan and Canada, Gregg Scott is inducted into the Saskatchewan Petroleum Industry Hall of Fame.
Editor’s note: This interview with Gregg Scott is probably the most in-depth discussion about land acquisition during the Billion Dollar Bakken boom, and what really took place, that I’ve had in 14 years. Scott Land & Lease was at the very centre of the action.
While Regina-based Lex Capital Management has never invested in Keystone Royalty Corp., it, too, is part of the success story coming out of Regina, a story that involves Keystone, the Villanova series of companies, and Lex. Craig Lothian is the common element between...
REGINA – Regina-based Keystone Royalty may now be reaching its own liquidity event, with an acquisition by publicly-traded Topaz Energy, but along the way, the company has spawned seven, yes, seven, exploration companies, one of which is still active.
It all was built on a relatively simple model. Keystone, the parent, had the royalty land, and they would launch exploration companies to drill on said land. Once enough was developed, it would be sold off, usually to a serial acquiring company, and they would start over.
Keystone Royalty, Part 2: Lothian: “There’s no willingness to step in front of the woke green train that the Liberals have created”
For E. Craig Lothian, president and CEO of Keystone Royalty Group, the actions of the federal government are indeed driving the current profitability of the industry they are trying so hard to choke off. And while they are driving up prices, they’re making it hard to invest in this country.
This is the first in a five-part series of in depth stories from a conversation with E. Craig Lothian, CEO of Regina-based Keystone Royalty Group. On March 31, Topaz Energy announced it would be acquiring Keystone as part of an all-stock deal. These stories go beyond the deal, into what has made Keystone tick, the spawning of seven exploration companies, and how current politics are affecting the industry.
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