Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Alberta Oilsands, Marquee to Combine in All-Stock Transaction

Alberta Oilsands Inc Marquee Energy Ltd.
AnnouncedAug 19, 2016
TypeCorporate
LocationCanada Oil Sands
Announced Date
August 19,2016
Close Date
December 06,2016
Transaction Type
Corporate
Enterprise Value (EV)($MM)
24




Snapshot
TargetZones:
{Detrital,Banff}
Proved Reserves

Location
Region
Canada

Country
Canada

Play


Production & Reserves
Reserves


Transaction Details:  Subscribe to see

Marquee Energy Ltd. and Alberta Oilsands Inc. have entered into an arrangement agreement whereby Alberta Oilsands will acquire all of the issued and outstanding common shares of Marquee.

Immediately following the completion of the Arrangement, AOS will amalgamate with Marquee and the amalgamated company will adopt the name "Marquee Energy Ltd."

As of August 19, 2016, With approximately 123,100,000 outstanding shares with a price of $0.20 per share, the estimated value of the transaction is ~$24 million.

Rationale

In particular, New Marquee will be able to accelerate the development of its…



Other Canada Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Nov-06-2024 - - Click here Alberta  E&P
Aug-22-2022 - - Click here British Columbia  E&P
Aug-01-2022 - - Click here Alberta  E&P
Jun-29-2022 - - Click here Alberta  E&P
Dec-15-2021 - - Click here   E&P

Price History



Date Deal Headline Price$/acre
Dec-15-2021 Tamarack to Acquire Crestwynd Exploration in $184.7MM Cash/Stock Deal - -
Mar-01-2021 Calima Energy to Acquire Blackspur Oil for C$60MM (Including $43MM in Debt) - -
Nov-09-2020 Headwater Inks $100MM Deal for Cenovus' Marten Hills Asset - -