One-Page Deal Sheet
Cardinal Energy Ltd Adds Wainwright Property in Alberta
Cardinal Energy Ltd. Not Disclosed
Announced Date
July 29,2014
Close Date
August 25,2014
Transaction Type
Property
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Production Production
Calculated Metrics( EV/Category)
Transaction Details: Subscribe to see
Closing Announcement - August 25, 2014
Cardinal Energy Ltd. has announced that its previously announced Wainwright Acquisition has closed effective August 22, 2014.
The Acquisition adds 1,900 BOEPD (99% oil) of long life, low decline production. The Acquisition will allow Cardinal to expand its drilling program while still maintaining a less than 15% corporate decline rate.
With the full quarter of production from the Acquisition, Cardinal's production is expected to average approximately 8,500 – 8,800 BOEPD for the fourth quarter of 2014.
Initial Announcement - July 29, 2014Cardinal Energy…
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| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
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| Nov-06-2024 |
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| Jun-29-2022 |
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| Nov-29-2021 |
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| May-24-2021 |
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