One-Page Deal Sheet
Ironhorse Sells Interest in Leon Lake
Not Disclosed Ironhorse Oil & Gas Inc.
Announced Date
November 04,2013
Close Date
November 27,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
7
Location
Region
Canada
Country
Canada
Transaction Details: Subscribe to see
Closing Announcement - November 28, 2013
Ironhorse is pleased to announce that on November 27, 2013 Ironhorse completed the sale of its interest in the Leon Lake area of Saskatchewan for proceeds of $7.2 million dollars. Proceeds were used to repay the outstanding bank debt of $3.4. Remaining funds of approximately $3.8 million will be used to fund capital expenditures required to complete the final development and on stream costs related to Pembina, as well as other ongoing working capital requirements. The Pembina 1-8 well is currently scheduled to spud within the next week.
Initial…Canada Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-14-2021 |
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| Dec-09-2020 |
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| Sep-01-2020 |
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| Nov-14-2019 |
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| Sep-03-2019 |
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