One-Page Deal Sheet
NuVista to Acquire Wapiti Montney Acreage
Nuvista Energy Ltd. Not Disclosed
Announced Date
August 26,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
35
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
NuVista Energy Ltd. has announced the signing of a definitive purchase and sale agreement with a third party to purchase 12.5 gross sections (12.0 net) of highly prospective Wapiti Montney contiguous undeveloped land for $35 million before closing adjustments.
This block expands NuVista's land position to over 220 gross sections (over 190 net) in the Wapiti Montney area and leverages unique knowledge gained through our drilling programs in 2013 and 2014. The land is located in the adjacent township directly north of our existing Elmworth block.
The Acquisition is expected to close on or…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Nov-04-2025 | Ovintiv Acquires NuVista Energy for $2.7B, Establishing Premier Montney Position | -  |
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| Nov-06-2024 | Ovintiv to Acquire Montney Assets from Paramount for $2.377 Billion in All-Cash Deal | - |
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| Jun-29-2022 | Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal | - |
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