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Offer to Purchase Oil & Gas Rights (Alberta)

Use this letter template to prepare an offer to purchase petroleum and natural gas rights in the Province of Alberta. Key points of the offer include (among others):

  • amount and payment of purchase price,
  • obligations of the offeror to be subject to a title opinion,
  • offer is subject to the offeror performing a due diligence review of all files, records and deeds,
  • the offeree has a specified number of days in which to accept the offer,
  • if accepted, the parties will proceed to preparing a purchase and sale agreement.

This is a Canadian oil and gas document, in MS Word format.





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