One-Page Deal Sheet
CNRL Acquires Oil Sands Property From Marathon and Shell For $12.7 Billion
Canadian Natural Resources (CNRL) Marathon Oil Corp, Shell plc
Announced Date
March 09,2017
Close Date
May 31,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
12740
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
Transaction Details: Subscribe to see
Canadian Natural Resources Limited announces that it entered into agreements, to acquire 70% of the Athabasca Oil Sands Project ("AOSP"), including 70% of the Scotford upgrader, as well as additional working interests in other producing and non-producing oil sands leases.
Canadian Natural has agreed with Shell Canada Limited and certain subsidiaries ("Shell") to acquire its 60% working interest in the AOSP including an interest in the mining and extraction operations, north of Fort McMurray, Alberta; the Scotford Upgrader and the Quest Carbon Capture and Storage (CCS) project located north of…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
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Click here | Alberta | E&P |
| Aug-22-2022 |
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| Aug-01-2022 |
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| Jun-29-2022 |
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| Dec-15-2021 |
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