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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Artek Picks Up Inga Fireweed Montney Prospect

Artek Exploration Ltd., Kelt Exploration Ltd. Not Disclosed
AnnouncedAug 1, 2013
TypeProperty
LocationMontney Shale
Announced Date
August 01,2013
Effective Date
April 01,2013
Close Date
August 09,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
16




Snapshot
Asset/Basin:
{Montney}
TargetZones:
{"Doig Formation","M
Net Acres
Location
Region
Canada

Country
Canada

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Calculated Metrics( EV/Category)
$/ Acre

Transaction Details:  Subscribe to see

Closing Announcement - August 9, 2013

Artek Exploration Ltd. has closed its recently announced Fireweed asset acquisition resulting in the further strategic expansion of the Company's core operating and producing area in northeastern British Columbia.

The closing of this transaction builds on the Company's strategy of continuing to consolidate a significant resource base in its core Inga/Fireweed area of operations bringing Artek's aggregated holdings to 107 (61 net) sections of land with Doig rights and 120 (71 net) sections of land with Montney rights and including important infrastructure…



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Price History



Date Deal Headline Price$/acre
Nov-04-2025 Ovintiv Acquires NuVista Energy for $2.7B, Establishing Premier Montney Position - -
Nov-06-2024 Ovintiv to Acquire Montney Assets from Paramount for $2.377 Billion in All-Cash Deal - -
Jun-29-2022 Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal - -