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One-Page Deal Sheet

Bonavista Asset Swap: Trades BC Assets for Deep Basin

Bonavista Energy Corp Not Disclosed
AnnouncedSep 6, 2016
TypeProperty
LocationDeep Basin
Announced Date
September 06,2016
Effective Date
January 01,2016
Transaction Type
Property




Snapshot
Asset/Basin:
{"Deep Basin","West Central Alberta"}
TargetZones:
{Wilrich,Notikewin,G
Net Acres
Net Operated Locations:

Location
Region
Canada

Country
Canada

Play


Production
Production

Production Mix


Transaction Details:  Subscribe to see

Bonavista Energy Corporation has announced that it has entered into an agreement to acquire certain liquids rich natural gas weighted properties located within its Deep Basin and West Central Alberta core regions in exchange for properties within its non-core region located in northeastern British Columbia.

This asset exchange has an effective date of January 1, 2016 and is expected to close in the first week of October, 2016. There are no cash proceeds involved in the asset exchange and the completion of the transaction is subject to customary regulatory approvals and other conditions.

Highl…



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Aug-22-2022 - - Click here British Columbia  E&P
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Jun-29-2022 - - Click here Alberta  E&P
Dec-15-2021 - - Click here   E&P

Price History



Date Deal Headline Price$/acre
Sep-06-2017 RMP Sells Alberta Properties to Tangle Creek for $80MM - -
Aug-16-2017 Ikkuma Resources Acquires Foothills Assets for 34 Million - -
Mar-29-2017 Conoco Sells Oil Sands & Deep Basin Assets For $13.3 Billion - -