One-Page Deal Sheet
Athabasca Farms-Out Portion of Kaybob Light Oil Infrastructure
Not Disclosed Athabasca Oil Corp
Announced Date
September 18,2013
Close Date
December 23,2013
Transaction Type
Farm-In/Farm Out
Location
Region
Canada
Country
Canada
Transaction Details: Subscribe to see
Closing Announcement - December 23, 2013
Athabasca Oil Corporation has closed its previously announced sale of a 50% interest in the Kaybob area light oil infrastructure to a third-party for cash consideration of $145 million.
Athabasca retains a 50% interest in these infrastructure assets and remains operator.
Initial Announcement - September 18, 2013Athabasca Oil Corporation has entered into an option agreement with a third party giving the right to Athabasca, at its discretion, to sell up to a 50% interest in its Kaybob area light oil infrastructure for cash consideration of up to $145…
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