One-Page Deal Sheet
Calima Energy to Acquire Blackspur Oil for C$60MM (Including $43MM in Debt)
Calima Energy Inc. Blackspur Oil Corp
Announced Date
March 01,2021
Close Date
April 30,2021
Transaction Type
Corporate
Enterprise Value (EV)($MM)
48
Asset/Basin:
["Western Canadian Sedimentary Basin"]
TargetZones:
["Sunburst", "Glauco
Net Acres
% Oil:
Net Operated Locations:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
Calima Energy Limited has agreed to acquire Blackspur Oil Corp., a privately held Canadian company, for C$17 million in cash and stock ($4.9 million cash / $12.1 million in stock).
The deal is valued at C$60,000,000 (inclusive of C$43,000,000 in debt) plus working capital adjustments and includes all assets, reserves, production and the management team of Blackspur.
Calima and Blackspur will combine management teams in Canada and Jordan Kevol will become CEO and President of Calima.
Asset Details:- Acreage: ~117,000 net acres (191 net sections)
Brooks Asset: 53,093 net acres (83 sections)| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
-  |
- |
Click here | Alberta | E&P |
| Aug-22-2022 |
- |
- |
Click here | British Columbia | E&P |
| Aug-01-2022 |
- |
- |
Click here | Alberta | E&P |
| Jun-29-2022 |
- |
- |
Click here | Alberta | E&P |
| Dec-15-2021 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-15-2021 | Tamarack to Acquire Crestwynd Exploration in $184.7MM Cash/Stock Deal | - |
- |
| Nov-09-2020 | Headwater Inks $100MM Deal for Cenovus' Marten Hills Asset | - |
- |
| Nov-01-2019 | Cona Resources Acquires Pengrowth Energy for C$740 Million | - |
- |