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Perpetual Lets Go of Producing Alberta Shallow Gas Properties

Not Disclosed Perpetual Energy Inc
AnnouncedSep 27, 2016
TypeProperty
Announced Date
September 27,2016
Effective Date
October 01,2016
Close Date
October 03,2016
Transaction Type
Property




Snapshot
Net Acres
Proved Reserves

Location
Region
Canada

Country
Canada

Production & Reserves
Production

Reserves


Transaction Details:  Subscribe to see

Closing Announcement - October 3, 2016

Perpetual Energy has closed the previously disclosed strategic disposition of certain of its mature shallow gas properties in east central and northeast Alberta.

Macquarie Capital Markets Canada Ltd. acted as financial advisor to the Corporation with respect to the transaction.

Initial Announcement - September 27, 2016

Perpetual Energy has entered into a definitive agreement to effect the strategic disposition of a large percentage of its high liability mature shallow gas properties in east central and northeast Alberta.

The transaction includes the…

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