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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Crew Acquires Liquids Montney Rights and Production

Crew Energy Inc. Not Disclosed
AnnouncedDec 4, 2012
TypeProperty
LocationMontney Shale
Announced Date
December 04,2012
Close Date
December 21,2012
Transaction Type
Property
Enterprise Value (EV)($MM)
22




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

Location
Region
Canada

Country
Canada

Play


Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Transaction Details:  Subscribe to see

Septimus/Groundbirch Transaction

The second transaction involves assets that are contiguous to Crew's Septimus area of operation and involves the purchase, for $22.0 million, of approximately 36,000 net acres of primarily liquids rich Montney rights, current production of 52 boe per day, proved developed producing reserves of 152 mboe, total proved reserves of 1,077 mboe and proved plus probable reserves of 3,280 mboe assigned by GLJ Petroleum Consultants as at December 31, 2011.

Future development capital of $26.1 million was attributed to the proved plus probable reserve assignment. Crew…



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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 - -