If
you own freehold mineral rights in Canada, you are not alone!
Hundreds
of thousands of individuals, who typically are the descendants
of Canada’s initial settlers, own any oil or gas which
may exist beneath farm-sized parcels of land in southern Ontario,
Manitoba, Saskatchewan, Alberta and British Columbia. These
‘freehold owners’ or ‘freeholders’
generally have no technical oil and gas or legal experience
and find themselves at a tremendous disadvantage in their
dealings with the oil companies that lease their mineral rights.
Freeholders
own mineral rights with immense collective potential value.
For instance, if individual freehold owners had received the
same return on the approximately 6% of Alberta’s oil
and gas that they own as the Alberta Government did on the
81% that the Province owns, individuals owning Alberta freehold
mineral rights would have received approximately $525 million
from their oil company-lessees in the year ending March 31,
2003.
Did
you get your fair share?
Freeholders are
not ‘lucky’ to own subsurface oil and gas rights.
Our forefathers broke the land in harsh circumstances at the
turn of the 20th century and earned the right to the minerals
which we have inherited.
It
is time we spoke with a common voice to protect our heritage!
This
web site has been designed and is being maintained by volunteer
members of the Freehold Petroleum & Natural Gas Owners
Association (the Freehold Owners Association or FHOA) in an
attempt to provide freeholders with information they can use
to protect their valuable resources. The information provided
is not meant to be a substitute for professional advice. The
information is also not meant to be an indictment of the entire
oil and gas industry. In FHOA’s opinion, most oil companies
are good corporate citizens.
The information
in this web site is not to be construed as legal advice. If
this is your first time visiting the FHOA website, please
click HERE.