One-Page Deal Sheet
Pengrowth to Sell Eastern Alberta Bodo Property
Calculated Metrics( EV/Category)
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Pengrowth Energy Corporation has announced that it has entered into an agreement for the sale of its non-core Bodo property in eastern Alberta for $95 million.
The expected net proceeds from the non-core asset sale will be directed towards reducing Pengrowth's outstanding debt as part of the Company's strategy of strengthening its balance sheet. With the sale of the Bodo asset and including signed letters of intent (LOI's) as well as previously closed dispositions, total expected disposition proceeds in 2015 amount to approximately $260 million of the Company's 2015 disposition target of $600…
Canada Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
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Click here | Alberta | E&P |
| Aug-22-2022 |
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Click here | British Columbia | E&P |
| Aug-01-2022 |
- |
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Click here | Alberta | E&P |
| Jun-29-2022 |
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Click here | Alberta | E&P |
| Dec-15-2021 |
- |
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Click here | E&P |
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-04-2025 |
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Click here | Alberta | E&P |
| Nov-06-2024 |
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Click here | Alberta | E&P |
| Jun-29-2022 |
- |
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Click here | Alberta | E&P |
| Nov-29-2021 |
- |
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Click here | Alberta | E&P |
| May-24-2021 |
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Click here | Alberta | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
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| Jun-29-2022 | Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal | -
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2,299 |
