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One-Page Deal Sheet

Leucrotta Sells NE BC Assets for $80 MM

Not Disclosed Leucrotta Exploration Inc.
AnnouncedMay 28, 2015
TypeProperty
Announced Date
May 28,2015
Close Date
May 28,2015
Transaction Type
Property
Enterprise Value (EV)($MM)
80




Snapshot
Asset/Basin:
{Montney}
TargetZones:
{Montney}
Proved Reserves

Location
Region
Canada

Country
Canada

Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

Transaction Details:  Subscribe to see

Leucrotta Exploration Inc. has announced that it has signed a purchase and sale agreement and subsequently closed the disposition of a portion of its assets located in the Greater Dawson area in Northeast British Columbia for a cash consideration of approximately $80 million.

The sold assets are currently producing approximately 1,300 boepd (87% gas) and had approximately 8.6 million boe of 2P reserves assigned to it in Leucrotta's independent reserves report prepared in accordance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities by GLJ Petroleum…

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