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

One-Page Deal Sheet

Exxel Energy Acquires Columbia River Basin Interest

Exxel Energy Corporation Ovintiv Inc
AnnouncedMar 1, 2008
TypeProperty
LocationBarnett Shale
Announced Date
March 01,2008
Close Date
August 01,2007
Transaction Type
Property
Enterprise Value (EV)($MM)
14




Snapshot
Asset/Basin:
{"Columbia River Basin"}
TargetZones:
{"Yakima Fold Belt",
Net Acres
Location
Region
Africa - North Africa

Country
United States

State
Washington

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Calculated Metrics( EV/Category)
$/ Acre

Transaction Details:  Subscribe to see

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…



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Price History



Date Deal Headline Price$/acre
Aug-12-2025 BKV Acquires More Barnett Shale Assets - -
May-19-2022 Exxon to Sell Barnett Shale Portfolio to BKV for $750 Million - -
Dec-18-2019 Devon Sells Barnett Shale Assets to Kalnin for $830 Million - -