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One-Page Deal Sheet

Grafton Ups Ante in Alberta Cardium Joint Venture

Grafton Energy Co I Ltd. Bellatrix Exploration Ltd.
AnnouncedSep 10, 2013
TypeJV
LocationCardium Shale
Announced Date
September 10,2013
Effective Date
July 01,2013
Transaction Type
JV
Enterprise Value (EV)($MM)
250




Snapshot
Asset/Basin:
{Cardium,"Spirit River"}
TargetZones:
{Notikewin,Falher,Ca
Location
Region
Canada

Country
Canada

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Update Announcement - April 10, 2014

Bellatrix Exploration Ltd. has announced that Grafton Energy Co. I Ltd. has elected to exercise their option to increase their committed capital investment by an additional $50 million, for a total commitment of $250 million, on the same terms and conditions as the previously announced Joint Venture.

Grafton's increased capital investment will continue to support the accelerated development of a portion of Bellatrix's extensive undeveloped land holdings.

The Grafton Joint Venture is located in the Willesden Green and Brazeau areas of West-Central Alberta…




Price History



Date Deal Headline Price$/acre
Dec-09-2020 Whitecap Resources to Acquire TORC Oil & Gas - -
Sep-01-2020 Whitecap Acquires Nal Resources in All-Stock Deal Worth $155MM - -
Jul-10-2020 Tamarack Bolts On Property in West Central Alberta; 105,000 Net Acres - -