One-Page Deal Sheet
Altura Sells Off East/Central Saskatchewan, Alberta Assets
Not Disclosed Altura Energy Inc.
Announced Date
May 15,2018
Close Date
May 31,2018
Transaction Type
Property
Enterprise Value (EV)($MM)
28
Asset/Basin:
{"Western Canadian Sedimentary Basin"}
Net Acres
% Oil:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Altura Energy has inked a deal to sell off assets in east central Alberta and Saskatchewan, including the Eyehill, Eyehill South, Macklin, Wildmere, Killam and Provost Minor areas, for $28.4 million.
The buyer was not disclosed.
Asset Details: Total Proved Reserves: 1873 MBOE Production Volumes: 668 BOEPD (80% oil)(530 Bbls per day of oil, 11 Bbls per day of NGLs and 766 Mcf per day of natural gas) Acreage: 56 (44 net) sections (or 35,840 gross / 28,160 net acres)The reserves associated with the Assets as at December 31, 2017, based on the evaluation by Altura’s independent reserves…
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