One-Page Deal Sheet
Madalena Ventures To Acquire Junior Duvernay Oil Company
Madalena Energy Inc. Online Energy Inc.
Announced Date
September 04,2012
Close Date
November 01,2012
Transaction Type
Corporate
Enterprise Value (EV)($MM)
20
TargetZones:
{Ostracod,Nordegg,"R
Transaction Details: Subscribe to see
Madalena Ventures Inc. and Online Energy Inc. annouced jointly that they have entered into a pre-acquisition agreement pursuant to which Madalena will, subject to certain conditions, make an offer to acquire all of the issued and outstanding common shares of Online ("Online Shares") by way of a take-over bid (the "Offer").
Under the terms of the Pre-Acquisition Agreement, Madalena will pay $0.35 cash per Online Share for a total purchase price of $20.3 million, which includes the assumption of Online's debt in the amount of approximately $4.0 million excluding transaction costs and severance.
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| 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 |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jun-29-2022 | Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal | - |
- |
| Mar-17-2021 | Petro Viking Picks Up Duvernay, Viking Mineral Rights | - |
- |
| Feb-17-2021 | Crescent Point Inks $900MM Deal for Shell's Duvernay Assets | - |
- |