One-Page Deal Sheet
PrairieSky to Acquire Large Royalty Position From CNRL
Prairiesky Royalty Ltd. Canadian Natural Resources (CNRL)
Announced Date
November 10,2015
Effective Date
October 01,2015
Close Date
December 16,2015
Transaction Type
Corporate
Enterprise Value (EV)($MM)
1800
Asset/Basin:
{"Western Canada Sedimentary Basin","Deep Basin",Montney}
TargetZones:
{Viking,Bakken,Spear
Net Acres
Net Operated Locations:
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
Initial Announcement - November 11, 2015
Canadian Natural Resources Limited and PrairieSky Royalty Ltd. have announced that they have entered into an agreement to combine their royalty businesses, unifying two of the largest fee simple mineral title and royalty positions in Western Canada into a single Canadian enterprise.
Key Attributes of the Asset 5.4 million acres of royalty lands including 2.2 million acres of fee simple mineral title lands and 3.2 million acres of gross overriding royalty lands. Production of approximately 6,700 boe/d (57% oil and liquids). Approximately 800,000 acres…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
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| Jun-29-2022 |
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| Dec-15-2021 |
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| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
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