One-Page Deal Sheet
Pengrowth Sells Non-Producing Bernadet Montney Property
Not Disclosed Pengrowth Energy Corp
Announced Date
March 23,2017
Close Date
April 11,2017
Transaction Type
Property
Enterprise Value (EV)($MM)
92
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Calculated Metrics( EV/Category)
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - April 11, 2017
Pengrowth Energy has closed its previously announced sale of its non-producing Montney lands at Bernadet in North East British Columbia for cash consideration of $92 million. The cash proceeds will help further strengthen the Company's balance sheet.
Initial Announcement - March 23, 2017[ Summary: Pengrowth Energy is selling its non-producing Montney lands at Bernadet in North East British Columbia for cash consideration of $92 million. ]
The Bernadet asset encompasses 36.6 sections (23,424 net acres) (100 percent working interest) of land with no…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| 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 |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Nov-04-2025 | Ovintiv Acquires NuVista Energy for $2.7B, Establishing Premier Montney Position | - |
- |
| Nov-06-2024 | Ovintiv to Acquire Montney Assets from Paramount for $2.377 Billion in All-Cash Deal | - |
- |
| Jun-29-2022 | Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal | - |
- |