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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

RMP Energy Acquires Bolt-On Montney Assets; 12,800 Acres

Rmp Energy Inc. Not Disclosed
AnnouncedMay 25, 2016
TypeProperty
LocationMontney Shale
Announced Date
May 25,2016
Close Date
June 30,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
10




Snapshot
Asset/Basin:
{Montney}
TargetZones:
{Montney}
Net Acres
Proved Reserves

Location
Region
Canada

Country
Canada

Play


Production & Reserves
Reserves


Calculated Metrics( EV/Category)
$/ Acre

Transaction Details:  Subscribe to see

RMP Energy has entered into a purchase and sale agreement involving the acquisition of key Montney assets, which expands RMP’s drilling inventory and provides infrastructure in its Gold Creek area, for total cash consideration of approximately $10.0 million, subject to customary closing adjustments.

The purchase price will be funded from RMP’s existing available bank credit facility and the Acquisition has been budgeted for and included within the Company’s previously-announced fiscal 2016 capital budget of $50 million. Closing of this Acquisition is anticipated to occur on or about June 30…



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Price History



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 - -