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

One-Page Deal Sheet

Manitok Ups Ante in the Cardium; Acquires Producing Properties

Manitok Energy Inc. Craft Oil Ltd
AnnouncedOct 17, 2016
TypeProperty
LocationCardium Shale
Announced Date
October 17,2016
Close Date
October 31,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
14




Snapshot
Asset/Basin:
{Cardium}
TargetZones:
{Cardium}
Location
Region
Canada

Country
Canada

Play


Production
Production

Production Mix


Calculated Metrics( EV/Category)
$/ Flowing

Transaction Details:  Subscribe to see

Closing Announcement - October 31, 2016

Manitok Energy has closed of certain assets from Craft Oil. A majority of the assets being acquired pursuant to the Acquisition are comprised of mature Cardium light oil and natural gas assets in the Willisden Green area of west central Alberta and includes other oil & gas assets in Alberta.

Initial Announcement - October 17, 2016

Craft Oil has agreed to sell certain properties located in the Province of Alberta with approximately 1,934 boepd (68% gas) for gross proceeds of $13.5 million. Proceeds to be received are comprised of $9.0 million cash and…



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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 - -