One-Page Deal Sheet
Hemisphere Finalizes Deal for Producing Alberta Oil Assets
Hemisphere Energy Corp Not Disclosed
Announced Date
October 16,2013
Effective Date
June 01,2013
Close Date
November 18,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
3
TargetZones:
{Glauconitic}
Net Acres
% Oil:
Net Operated Locations:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
Closing Announcement - November 18, 2013
Hemisphere Energy Corporation has closed the previously announced $3.35 million acquisition of oil and gas assets in the Atlee Buffalo area of southeast Alberta from an intermediate Canadian producer effective June 1, 2013.
The Atlee Buffalo Acquisition provides Hemisphere with an opportunity to apply its technical experience and successful track record in drilling horizontal wells and implementing pressure maintenance programs to achieve higher recovery factors from existing oil pools.
Highlights of the Atlee Buffalo Acquisition: 100% working…Canada Deal Activity In Last 12 Months
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| May-24-2021 |
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