One-Page Deal Sheet
Artek Exploration Sells Non-Core Peace River Asset
Not Disclosed Artek Exploration Ltd.
Announced Date
December 03,2014
Close Date
December 09,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
22
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - December 9, 2014
Artek Exploration Ltd. of Calgary, Alberta has announced that it has successfully closed the non-core asset disposition transactions which were previously disclosed in its press release of December 2, 2014, for total cash proceeds to the Company of $21.85 million, before customary closing adjustments.
Initial Announcement - December 3, 2014Artek Exploration Ltd. of Calgary, Alberta has announced that it has entered into purchase and sale agreements to dispose of certain non-core assets in the Peace River Arch area of Alberta.
Total cash consideration…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Feb-19-2014 | Devon Wraps Up Major Canadian Sale | -  |
- |
| Jun-22-2012 | Petrus Resources Acquires Assets in Peace River Area | - |
- |