One-Page Deal Sheet
First Mountain Acquires Point Loma Energy, Madalena's Viking Assets
First Mountain Exploration Ltd. Madalena Energy Inc., Point Loma Energy Ltd.
Announced Date
February 09,2016
Close Date
June 29,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
6
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - June 29, 2016
Point Loma Resources Ltd. and Madalena Energy Inc. reported that First Mountain Exploration Inc., Point Loma Energy Ltd. and Madalena have completed the transactions in which: (i) Point Loma Energy Ltd. has acquired Madalena's non-core Canadian petroleum and natural gas assets focused in the Paddle River area of Alberta; (ii) First Mountain has acquired all of the issued and outstanding shares of Point Loma Energy Ltd. in a reverse take-over transaction; and (iii) First Mountain has completed a 10:1 share consolidation, changed its name to "Point Loma…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
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| Aug-22-2022 |
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| Aug-01-2022 |
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| Jun-29-2022 |
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| Dec-15-2021 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Mar-17-2021 | Petro Viking Picks Up Duvernay, Viking Mineral Rights | - |
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| Dec-15-2020 | Tamarack Valley Inks $74MM Deal for Alberta Clearwater Assets | - |
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| Jun-25-2018 | Point Loma Acquires Private Canadian E&P | - |
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