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One-Page Deal Sheet

Chinook Sells Certain Gold Creek Assets for $10.5MM

Not Disclosed Chinook Energy, Inc.
AnnouncedJan 6, 2017
TypeProperty
LocationMontney Shale
Announced Date
January 06,2017
Effective Date
February 01,2017
Close Date
February 01,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
11




Snapshot
Asset/Basin:
{Montney}
TargetZones:
{Montney}
Net Acres
Proved Reserves

PV-10 ($MM)
Location
Region
Canada

Country
Canada

Play


Production & Reserves
Production

Production Mix

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Transaction Details:  Subscribe to see

Chinook Energy Inc. has completed the disposition of certain assets located in the Gold Creek area of Alberta ahead of its previously announced closing date of February 20, 2017.

The disposition included 15.6 net sections of land and related pipeline and production facilities for aggregate consideration of approximately $10.5 million, subject to customary closing adjustments, with an effective date of February 1, 2017.

Chinook has entered into a letter of intent to sell, effective February 1, 2017, certain of its assets located in the Gold Creek area of Alberta (Montney) for $10.5 million.

The…



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Price History



Date Deal Headline Price$/acre
Nov-04-2025 Ovintiv Acquires NuVista Energy for $2.7B, Establishing Premier Montney Position - -
Nov-06-2024 Ovintiv to Acquire Montney Assets from Paramount for $2.377 Billion in All-Cash Deal - -
Jun-29-2022 Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal - -