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

One-Page Deal Sheet

Japex Acquires W.I. in Petronas' Montney Prospect

Japan Petroleum Exploration Co. Ltd. Petronas, Progress Energy Canada Ltd.
AnnouncedApr 29, 2013
TypeProperty
LocationMontney Shale
Announced Date
April 29,2013
Close Date
April 29,2013
Transaction Type
Property




Snapshot
Asset/Basin:
{Montney}
TargetZones:
{Montney}
Location
Region
Canada

Country
Canada

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Transaction Details:  Subscribe to see

Progress Energy Canada Ltd., Pacific NorthWest LNG Ltd. and Petroliam Nasional Berhad (PETRONAS) have closed the previously announced transaction that saw JAPEX Montney Ltd., the Canadian subsidiary of Japan Petroleum Exploration Co. Ltd. (JAPEX), acquire a 10 percent interest in Progress Energy Canada's natural gas assets in northeast British Columbia and in the proposed Pacific NorthWest LNG export facility on Canada's West Coast near Prince Rupert, British Columbia.

As part of the transaction, JAPEX has agreed to buy a 10 percent share of the liquefied natural gas (LNG) facility's…



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Price History



Date Deal Headline Price$/acre
Nov-04-2025 Ovintiv Acquires NuVista Energy for $2.7B, Establishing Premier Montney Position - -
Nov-06-2024 Ovintiv to Acquire Montney Assets from Paramount for $2.377 Billion in All-Cash Deal - -
Jun-29-2022 Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal - -