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One-Page Deal Sheet

Manitok Acquires Major Acreage from Encana

Manitok Energy Inc. Ovintiv Inc
AnnouncedOct 21, 2013
TypeProperty
Announced Date
October 21,2013
Close Date
October 21,2013
Transaction Type
Property




Snapshot
Asset/Basin:
{"Western Canadian Sedimentary Basin"}
TargetZones:
{Viking,"Upper Mannv
Net Acres
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Location
Region
Canada

Country
Canada


Transaction Details:  Subscribe to see

Manitok Energy Inc. has entered into a Lease Issuance and Drilling Commitment Agreement with Encana Corporation, whereby Manitok will acquire petroleum and natural gas leases covering a net 38,757 hectares (96,893 acres) in the Entice area of Southeast Alberta.

In order to increase both the scalability and visibility of Manitok's oil drilling inventory, along with reducing its drilling risk profile, Manitok has acquired leases in a second core area pursuant to the Agreement with Encana. The Lands are contiguous, which will provide for efficiencies in both capital and operating expenditures…


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Canada Deal Activity In Last 12 Months


Other Canada Region's Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
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

Other Canada Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Nov-04-2025 - - Click here Alberta  E&P
Nov-06-2024 - - Click here Alberta  E&P
Jun-29-2022 - - Click here Alberta  E&P
Nov-29-2021 - - Click here Alberta  E&P
May-24-2021 - - Click here Alberta  E&P

Price History


Date Deal Headline Price$/acre
Nov-04-2025 Ovintiv Acquires NuVista Energy for $2.7B, Establishing Premier Montney Position -   19,286
Nov-06-2024 Ovintiv to Acquire Montney Assets from Paramount for $2.377 Billion in All-Cash Deal -   21,101
Jun-29-2022 Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal -   2,300