One-Page Deal Sheet
Murphy, Athabasca Join Forces for Montney, Duvernay JV Project
Murphy Oil Corp Athabasca Oil Corp
Announced Date
January 27,2016
Effective Date
January 01,2016
Close Date
May 16,2016
Transaction Type
JV
Enterprise Value (EV)($MM)
486
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - May 16, 2016
Murphy Oil Corporation announced that its Canadian subsidiary, Murphy Oil Company Ltd., closed the joint venture with affiliates of Athabasca Oil Corporation that was previously announced on January 27, 2016.
Under the terms of the JV, Murphy's subsidiary acquired a 70 percent operated working interest of Athabasca's production, acreage, infrastructure and facilities in the Kaybob Duvernay lands, and a 30 percent non-operated WI of Athabasca's production, acreage, infrastructure and facilities in the liquids rich Placid Montney lands in Alberta. Total…
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|---|---|---|---|---|---|
| Nov-06-2024 |
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| Jun-29-2022 |
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| 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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