Q2 2021 Prairiesky Royalty Ltd Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the PrairieSky Royalty Ltd. announces their Second Quarter 2021 Financial Results Conference Call. (Operator Instructions) As a reminder, this conference call is being recorded.
I would now like to hand the conference over to your host, Mr. Andrew Phillips, President and CEO. Thank you, sir. Please go ahead.
Thank you, Whitney. Good morning, and thank you for dialing into the PrairieSky Royalty Q2 Earnings Call. On the call from PrairieSky are Cam Proctor, COO; Pam Kazeil, CFO; and myself, Andrew Phillips.
While Q2 represents the traditionally slow activity quarter in the field due to spring breakup, our team has been very busy in the office. Leasing remained strong as we entered into 34 new leases with 32 different counterparties. This generated $2.3 million in bonus consideration for both natural gas and oil opportunities. We also executed on our largest acquisition since 2017. We stood in the batter
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