One-Page Deal Sheet
Crew Picks Up Septimus/Groundbirch Montney Assets
Crew Energy Inc. Not Disclosed
Announced Date
March 01,2013
Close Date
February 28,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
20
Asset/Basin:
{Montney}
TargetZones:
{Montney}
Transaction Details: Subscribe to see
Crew Energy Inc. has purchased 59 sections of Montney lands in Northeast British Columbia, exercising on a portion of and amending the option it obtained in December 2012 as part of its Septimus/Groundbirch acquisition.
The Company, on February 28th, 2013 closed the acquisition of approximately 59 net sections of Option Lands for a purchase price of $20 million. These lands are contiguous or proximal to Crew's existing lands and include approximately 31 net sections in the Altares/Attachie liquids rich gas window and approximately 28 net sections at Goose in the oil window of the over…
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