One-Page Deal Sheet
Quattro Increases Donalda Facility Production
Quattro Exploration and Production Ltd. Not Disclosed
Announced Date
March 26,2014
Effective Date
February 01,2014
Transaction Type
Property
Transaction Details: Subscribe to see
Quattro has executed a binding letter of intent for the acquisition from a private Alberta based company of a combination of 1,000 mcf/d of natural gas along with the associated gathering and compression and spare equipment.
The results will be, 1,000 mcf/d being added to Quattro's Donalda facilities and a 600 mcf/day (net) increase in production. The Company also acquired certain additional lands, minerals rights and suspended wells along with the associated undeveloped land. The effective date of the acquisition will be February 1st, 2014.
The acquisition adds additional flexibility and…
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