Skip to main content

Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Leucrotta Sells Non-Core Montney Gas Assets in $30MM Deal

Not Disclosed Leucrotta Exploration Inc.
AnnouncedMar 17, 2021
TypeProperty
LocationMontney Shale
Announced Date
March 17,2021
Close Date
April 01,2021
Transaction Type
Property
Enterprise Value (EV)($MM)
30




Snapshot
Asset/Basin:
["Montney"]
TargetZones:
["Montney"]
Net Acres
Proved Reserves

Location
Region
Canada

Country
Canada

Play


Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Transaction Details:  Subscribe to see

Leucrotta Exploration Inc. has signed a definitive agreement to sell a portion of its non-core Montney assets for $30 million to an undisclosed buyer.

This deal closed on April 1, 2021.

Asset Details:

The property is located in the wet gas window of the play.

Acreage: 6,560 acres (10.25 sections) of Montney lands Production: 375 boepd (no mix percentages provided) Reserves (Proved Undeveloped): 21.2 MMBOE Advisors

RBC Capital Markets acted as Financial Advisor with respect to the Asset Sale and Haywood Securities Inc. acted as Strategic Advisor with respect to the Asset Sale and…



Other Canada Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Nov-06-2024 - - Click here Alberta  E&P
Aug-22-2022 - - Click here British Columbia  E&P
Aug-01-2022 - - Click here Alberta  E&P
Jun-29-2022 - - Click here Alberta  E&P
Dec-15-2021 - - Click here   E&P

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 - -