One-Page Deal Sheet
Storm Resources to Acquire Two Montney Wells
Storm Resources Ltd. Not Disclosed
Announced Date
January 27,2014
Close Date
January 31,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
88
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
$/Location
Transaction Details: Subscribe to see
Acquisition Update - February 6, 2013
Storm Resources Ltd. wishes to clarify certain information disclosed in the January 23, 2014 press release regarding the acquisition of a 100% working interest in 29 sections of land in the Umbach-Nig area. The Acquisition closed on January 31, 2014.
The clarifications relate to estimated DPIIP and recovery of estimated DPIIP which were provided in the section entitled "Details and Rationale for the Transaction" and are clarified as follows:
The DPIIP in the upper Montney formation for the 29 sections of land acquired is estimated by Storm management to…
| 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 | - |
- |