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

One-Page Deal Sheet

Tamarack Acquires Viking / Cardium E&P Spur Resources for $407.5MM

Tamarack Valley Energy Ltd. Spur Resources Ltd
AnnouncedNov 2, 2016
TypeCorporate
LocationViking Play,Cardium Shale
Announced Date
November 02,2016
Close Date
January 11,2017
Transaction Type
Corporate
Enterprise Value (EV)($MM)
408




Snapshot
Asset/Basin:
{Viking}
TargetZones:
{Viking}
Net Acres
Net Operated Locations:

Proved Reserves

Location
Region
Canada

Country
Canada

Play


Production & Reserves
Production

Production Mix

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Transaction Details:  Subscribe to see

Closing Announcement - January 12, 2017

Tamarack Valley Energy Ltd. has announced that it has successfully completed the previously announced acquisition of Spur Resources Ltd. pursuant to a plan of arrangement under the provisions of the Business Corporations Act.

Immediately prior to the closing of the Acquisition, Spur conveyed all of its non-Viking assets to a newly formed private company, to be led by the former Spur management team. As a result, pursuant to the Acquisition, Tamarack acquired all of Spur's concentrated, high netback, light oil-weighted Viking focused assets with…



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Price History



Date Deal Headline Price$/acre
Mar-17-2021 Petro Viking Picks Up Duvernay, Viking Mineral Rights - -
Dec-15-2020 Tamarack Valley Inks $74MM Deal for Alberta Clearwater Assets - -
Jun-25-2018 Point Loma Acquires Private Canadian E&P - -