Alberta’s government plans to resume oil and gas lease sales by the end of the year to encourage companies to invest in the province, Alberta’s Energy Minister Sonya Savage told the Financial Post, while analysts warn that Canada’s oil-producing province may not get the best price for those auctions at a time when oil demand is still weak. After oil prices crashed in March, Alberta moved in early April to defer all public offerings, that is land sales and direct purchases of petroleum and natural gas and oil sands mineral rights, for a period of at least 90 days. Alberta, which has seen its revenues shrink with the ... (full story)