Operator · Bakken Shale & Three Forks & Cardium Shale
Arsenal Energy Inc.
Acquired in June 2016 by Lone Pine Resources Inc.. The snapshot below reflects historical activity.
About
Exploration & Production
- WebsiteVisit →
- TickerTSE:AEI
- AddressCalgary Alberta
- Phone403 262 4854
- Acquired byLone Pine Resources Inc.
- People on file7 contacts
Acquisition chain
Forward & backward M&A lineage
- Arsenal Energy Inc. (this company)
- Lone Pine Resources Inc.
Drilling activity
No activity recorded
No active rigs
Operations transferred to Lone Pine Resources Inc. Live rig records sit under the successor.
Recent activity
Arsenal, Lone Pine Canada Combine; Debut as New Company
Lone Pine Resources Canada Ltd. and Arsenal Energy Inc. have completed a business combination to form Prairie Provident Resources Inc.
Arsenal Stops Drilling in 1Q; Plans to Market U.S. Bakken Assets
Arsenal Energy Inc. has reported its first quarter 2016 results.
Arsenal Energy's Credit Facility Approved at $55 Million
Arsenal is currently drawn at approximately $51 million on its credit facility.
Arsenal Boosts Proved Developed Reserves 124% in 2015
Oil and natural gas liquids at December 31, 2015 constitute 81% of proved developed producing reserves and 80% of proved plus probable reserves.
Arsenal Energy Lowers Planned Capital Expenditure
Well costs in North Dakota have dropped by 20% to approximately $6.5 million.
Latest news mentioning Arsenal Energy Inc.
Deals
Lone Pine Resources Canada Ltd. and Arsenal Energy Inc. have entered into a definitive agreement to effect a business combination…
Arsenal Energy Inc. announces the sale of all its oil and natural gas properties located in the United States for a sales price of US $34…