One-Page Deal Sheet
Mako Sells Duvernay Rights to Existing Partner
Calculated Metrics( EV/Category)
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Mako Hydrocarbons is pleased to announce that it has closed an asset sale for $1.75 million with the operator and partner of its regional joint venture in the Rimbey area of west central Alberta, Canada.
The transaction conveys a 40% working interest in the petroleum and natural gas rights below the Rock Creek formation in an outlying 6.25 sections of land (4,000 acres gross; 1,600 hectares gross) to the operator of Mako’s adjoining 30 section block joint venture. This transaction consolidates these additional lands under common ownership and operations to facilitate future economic drilling…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
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Click here | Alberta | E&P |
| Aug-22-2022 |
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Click here | British Columbia | E&P |
| Aug-01-2022 |
- |
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Click here | Alberta | E&P |
| Jun-29-2022 |
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Click here | Alberta | E&P |
| Dec-15-2021 |
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Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jun-29-2022 | Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal | - ![]() |
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| Mar-17-2021 | Petro Viking Picks Up Duvernay, Viking Mineral Rights | - ![]() |
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| Feb-17-2021 | Crescent Point Inks $900MM Deal for Shell's Duvernay Assets | - ![]() |
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