One-Page Deal Sheet
Long Run Exploration Adds to Core Viking Property
Long Run Exploration Ltd. Not Disclosed
Announced Date
December 13,2013
Close Date
December 12,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
45
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
Transaction Details: Require Private Equity Subscription
Long Run has announced the closing of an acquisition that adds approximately 450 boe per day of strategic light oil Viking assets at Redwater for total consideration of approximately $45 million.
Light Oil AcquisitionThe Acquisition adds approximately 450 boe per day (92 percent light oil) of high netback production and, when combined with Long Run's recent acquisitions in the Redwater area, further consolidates the Company's interest in this core play which now encompasses approximately 45,000 gross acres of undeveloped Viking rights. The Acquisition was funded through Long Run's credit…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Mar-17-2021 | Petro Viking Picks Up Duvernay, Viking Mineral Rights | -  |
- |
| Dec-15-2020 | Tamarack Valley Inks $74MM Deal for Alberta Clearwater Assets | - |
- |
| Jun-25-2018 | Point Loma Acquires Private Canadian E&P | - |
- |