Tucker Lake

Sold on July 18, 2022
from 3:00 PM to 3:00 PM UTC

Bonnyville, AB
Sale Size
1 Parcel, 116 ± Acres

With unbelievable Surface Lease Revenue, you will not want to miss out on the sale of this 740-acre Forest Grazing Licence north of Bonnyville, AB. Whether looking for a place to graze your cattle with abundant water and good fences or a hunter's paradise, look no further.

Sale Details

1 / 1

$500,000 Final

for 116 ± Acres near Bonnyville, AB

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Sale Description

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Please click the following links to view the Surface Lease Revenue, general Grazing Lease information as well as the Renewal Agreement for the Forest Grazing Licence.


Please click here to view the specific details in the Offer to Purchase.


Alberta is known as Canada's ranching and oil capital.  ‘Tucker Lake FGL’ is the ultimate example of both industries working in harmony; a case where even John Dutton would appreciate that the ranch could use the roads and off-ranch income - and Strathcona Resources is no Dan Jenkins.  Grandpa used to say that money does not grow on trees, but it seems he did not ride his horse over this 740-acre Alberta Forest Grazing Licence located north of Bonnyville, Alberta.  The Surface Lease Revenue currently exceeds over $60,000 per year!  This does not take into consideration the recent surge in oil prices and seismic activity in the area that will undoubtedly bring on more development and increase this number.  The current SLR is not based on old depleted wells past their best before date, but instead relates to major SAGD thermal oilsands development with significant, ongoing capital improvements.  This income stream is about as real as it gets. 


If you are that investor that has always dreamt of ranching but has yet to buy any cattle, we suggest you get right on it.  Based on the Starting Bid, your return on investment for ‘Tucker Lake FGL,’ before any cattle are dropped, should be north of 15% per annum considering the existing SLR alone.  This investment is so solid that you may even decide to risk telling your wife about it in advance.  ‘Tucker Lake FGL’ is, without a doubt, one of the supreme Forest Grazing Licences in all of Alberta.  There is no need to worry about purchasing and then having to invest a great deal of work and money before you can use it.  With the recently brushed eighty-foot right of ways for perimeter fences, sixteen ramps for ATV access over the fences, catch pens, abundant water (including spring-fed dugouts), updated steel corner posts and gates, as well as over thirty kilometres of new fence in 2022, ‘Tucker Lake FGL’ is a must-see.  The 740-acre licence is cross fenced into three separate pastures.  Good soil in an area of generally abundant rainfall makes for good grass, and ‘Tucker Lake FGL’ checks all the boxes here.  Cattle grazing in belly-deep grass is the norm instead of the exception at ‘Tucker Lake FGL.’  Opportunities may be available for increasing the current AUMs.  After pulling the cattle in the Fall, invite your hunting buddies up and enjoy spectacular big-game hunting on land you know like the back of your hand.  


‘Tucker Lake FGL’ is being offered for sale via online electronic tender by CLHbid.com.  Please check the website for updates from time to time.


In addition to the annual SLR, the FGL has been the subject of ongoing 3D seismic activity every few years and has had in excess of $20,000 paid in the year of the activity.


We ask that all interested bidders review the Application for General Assignment of Disposition (FDL, GRL, FGL) and all supporting documents prior to bidding.  Should the successful bidder fail to comply with the conditions set out in the said assignment, there will be a $100,000 penalty.

Viewing of Property: The property may be viewed by interested registered bidders.  Please contact us by email at info@clhbid.com for an appointment.

Tucker Lake is being offered for sale via online escalating tender by CLHbid.com. Check the website for updates from time to time. The property may be viewed by interested registered bidders. Please contact us by email at info@clhbid.com for an appointment. As a law firm, CLHbid never discloses bidder's names to any party, including the Seller. Only the successful buyer's name is ever disclosed to the Seller as part of the closing process.

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