One-Page Deal Sheet
DeeThree to Add 70+ Sections of Alberta Bakken
Deethree Exploration Ltd. Not Disclosed
Announced Date
May 05,2014
Transaction Type
Property
Transaction Details: Subscribe to see
DeeThree Exploration Announces $70 Million Bought Deal, Acquisition of Over 70 Sections of Alberta Bakken Lands, Operations Update and Increase in Credit Facility
Lethbridge Alberta BakkenThe Company has recently significantly expanded its land position in this core area by acquiring rights to more than 70 additional sections that are believed to include both lower risk development and exploration opportunities.
Acquisition highlights include an agreement with a senior producer pursuant to which DeeThree may earn a 100% working interest in up to 34.5 contiguous sections (22,080 acres) of…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
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| Dec-15-2021 |
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