Founded in 1996, Freehold Royalties Ltd. manages one of the largest non-government portfolios of oil and natural gas royalties in Canada, alongside a growing presence in the United States. The company's assets span approximately 6.2 million gross acres in Canada and over 1.1 million gross drilling unit acres in the U.S., including key basins like the Permian, Eagle Ford, Haynesville, and Bakken. Freehold holds royalty interests in more than 21,000 producing wells, receiving income from approximately 380 industry operators. By functioning as a passive royalty collector, the company avoids the capital-intensive risks of traditional exploration and production while generating revenue primarily from crude oil and natural gas liquids.