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OC 509/2013 - Bayhurst Energy Services Corporation Transaction with Mistral Energy Inc. – 10% Interest of Real Property to Build and Own a Natural Gas Straddle Plant for $7,250,000 (Minister Responsible for SaskEnergy Incorporated)
Description:

Title: Bayhurst Energy Services Corporation Transaction with Mistral Energy Inc. – 10% Interest of Real Property to Build and Own a Natural Gas Straddle Plant for $7,250,000

Minister: Minister Responsible for SaskEnergy Incorporated

Summary: Orders that SaskEnergy Incorporated, through its indirectly wholly owned subsidiary Bayhurst Energy Services Corporation, be approved to enter a transaction, as a ten percent (10%) joint venture participant with Mistral Energy Inc., to acquire an undivided ten percent (10%) interest of real property, in the area more particularly described as NW 19 Township 6 Range 9 W2M, to build and own a natural gas straddle plant, for an amount not to exceed $7,250,000, and further to sell or dispose of the said real property, when required, in accordance with the terms and conditions of the joint venture agreements.

See: The SaskEnergy Act, section 19





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