One-Page Deal Sheet
Clearview Acquires Wilson Creek Assets
Clearview Resources Ltd. Not Disclosed
Announced Date
March 04,2014
Effective Date
February 01,2014
Close Date
February 28,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
5
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
Transaction Details: Subscribe to see
Clearview Resources Ltd. has announced that on February 28, 2014 the Company acquired long life natural gas and liquids assets in the Wilson Creek area of West Central Alberta.
Production from the 8 gross (3.3 net) wells acquired is estimated at net 150 boe/d, comprised of 660 mcf/d of natural gas and 40 b/d of liquids. The Company also believes there is upside in the assets in the form of multi-zone re-completion, drilling opportunities and fee revenues from the associated infrastructure acquired with the producing assets. The purchase price for the Wilson Creek assets was $4.625 million…
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