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

One-Page Deal Sheet

Long Run To Acquire Cardium Player Crocotta Energy

Long Run Exploration Ltd. Crocotta Energy Inc.
AnnouncedJun 12, 2014
TypeCorporate
LocationCardium Shale,Viking Play
Announced Date
June 12,2014
Close Date
August 06,2014
Transaction Type
Corporate
Enterprise Value (EV)($MM)
357




Snapshot
Asset/Basin:
{"Deep Basin (Alberta)"}
TargetZones:
{Cardium,Bluesky,Wil
Net Acres
Net Operated Locations:

Location
Region
Canada

Country
Canada

Play


Production
Production


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Transaction Details:  Require Private Equity Subscription

Closing Announcement - August 6, 2014

Long Run Exploration Ltd. and Crocotta Energy Inc. have announce the successful completion of the previously announced acquisition of Crocotta pursuant to a plan of arrangement under the provisions of the Business Corporations Act (Alberta). The Arrangement was approved by greater than a 99% majority of the Crocotta shareholders who voted on the Arrangement and by greater than a 99% majority of the Long Run shareholders who voted on the issuance of the Long Run common shares in connection therewith. The Arrangement also received approval of the Court of…



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Price History



Date Deal Headline Price$/acre
Dec-09-2020 Whitecap Resources to Acquire TORC Oil & Gas - -
Sep-01-2020 Whitecap Acquires Nal Resources in All-Stock Deal Worth $155MM - -
Jul-10-2020 Tamarack Bolts On Property in West Central Alberta; 105,000 Net Acres - -