One-Page Deal Sheet
Exxel Energy Acquires Columbia River Basin Interest
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Exxel Energy Corp. says that, upon completion of due diligence, its board of directors has approved the entering into of a non-binding letter of intent ("LOI") with EnCana Oil & Gas. The intent is for the acquisition of a portion of EnCana's interest in the Columbia River Basin, Washington ("CRB").The LOI provides for Exxel's wholly owned Subsidiary Exxel Energy USA Inc. to pay approximately US $21,500,000, subject to certain adjustments, to EnCana to acquire an undivided twenty percent (20%) working interest in leases in approximately 375,000 gross (75,000 net) acres in the CRB, including a…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-02-2018 |
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Click here | E&P | |
| Aug-27-2013 |
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Click here | E&P | |
| Jul-10-2013 |
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Click here | E&P | |
| May-30-2013 |
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Click here | E&P | |
| May-29-2013 |
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Click here | E&P |
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