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Anderson Energy Acquired by Freehold Royalties

Freehold Royalties Ltd. Anderson Energy Ltd
AnnouncedJan 23, 2015
TypeCorporate
Announced Date
January 23,2015
Close Date
January 23,2015
Transaction Type
Corporate
Enterprise Value (EV)($MM)
35




Snapshot
Asset/Basin:
{"Western Canadian Sedimentary Basin"}
Net Acres
Location
Region
Canada

Country
Canada


Transaction Details:  Subscribe to see

Closing Announcement - January 23, 2015

Anderson Energy Inc. has announced the completion of the previously announced reorganization of the business of Anderson Energy Ltd. pursuant to a plan of arrangement under the Business Corporations Act (Alberta).

Under the terms of the Arrangement, approximately 92% of the oil and gas assets1 previously owned and operated by Prior Anderson have been transferred to the Company and all of the outstanding shares of Prior Anderson have been sold to Freehold Royalties Ltd. together with certain non-core, predominantly shallow gas assets for aggregate…

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