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

One-Page Deal Sheet

Storm Sells Grand Prairie Assets to Canamax

Canamax Energy Ltd. Storm Resources Ltd.
AnnouncedJun 1, 2015
TypeProperty
Announced Date
June 01,2015
Effective Date
July 01,2015
Close Date
July 15,2015
Transaction Type
Property
Enterprise Value (EV)($MM)
24




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

PDP PV-10 ($MM)
PV-10 ($MM)
Location
Region
Canada

Country
Canada

Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Residual Metrics
Residual Value

Transaction Details:  Subscribe to see

Closing Announcement - July 16, 2015

Canamax Energy Ltd. has announced that the Company has closed the previously announced acquisition of certain assets in Alberta from an intermediate oil and gas company. The acquired assets consist primarily of two producing properties (Grande Prairie and Grimshaw) located in northwest Alberta within the Company's Greater Grimshaw area.

Asset Acquisition

Total consideration paid for the acquired assets was $24.3 million, comprised of the $24.0 million purchase price plus estimated closing adjustments of $0.3 million. A deposit of $1.2 million was paid…

Canada Deal Activity In Last 12 Months



Other Canada Region's Deals



Announced DateBuyerSellerDeal Value($mm)LocationCategory
Nov-06-2024 - - Click here Alberta  E&P
Aug-22-2022 - - Click here British Columbia  E&P
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Jun-29-2022 - - Click here Alberta  E&P
Dec-15-2021 - - Click here   E&P

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Nov-04-2025 - - Click here Alberta  E&P
Nov-06-2024 - - Click here Alberta  E&P
Jun-29-2022 - - Click here Alberta  E&P
Nov-29-2021 - - Click here Alberta  E&P
May-24-2021 - - Click here Alberta  E&P

Price History



Date Deal Headline Price$/acre
Nov-04-2025 Ovintiv Acquires NuVista Energy for $2.7B, Establishing Premier Montney Position -   19,286
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 -   2,294