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

One-Page Deal Sheet

Long Run Adds Viking Assets to Portfolio; Compliments Montney

Long Run Exploration Ltd. Not Disclosed
AnnouncedSep 16, 2013
TypeProperty
LocationMontney Shale,Viking Play
Announced Date
September 16,2013
Close Date
October 16,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
51




Snapshot
Asset/Basin:
{"Western Canada Sedimentary Basin"}
TargetZones:
{Viking,"Montney (oi
Net Acres
Location
Region
Canada

Country
Canada

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Transaction Details:  Require Private Equity Subscription

Closing Announcement - October 16, 2013

Long Run Exploration Ltd. has reported the closing of the previously announced acquisition of properties and associated infrastructure in the Company's core areas of Edmonton and Peace River.

The focus of the Acquisition was on the consolidation of acreage, facilities, and key infrastructure in the Redwater area. In addition, the Acquisition adds approximately 100 Viking locations to Long Run's existing inventory. The asset at Snipe Lake adds a legacy, low-decline, light oil property with key infrastructure complementary to our Montney oil operations at…



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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 - -