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One-Page Deal Sheet

Tamarack Bolts On Property in West Central Alberta; 105,000 Net Acres

Tamarack Valley Energy Ltd. Not Disclosed
AnnouncedJul 10, 2020
TypeProperty
LocationCardium Shale
Announced Date
July 10,2020
Effective Date
June 01,2020
Transaction Type
Property
Enterprise Value (EV)($MM)
4




Snapshot
Asset/Basin:
["Cardium", "Western Canadian Sedimentary Basin"]
TargetZones:
["Cardium"]
Net Acres
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

Tamarack Valley Energy has agreed to acquire assets located in West Central, Alberta for $4.25 million.

The seller was not disclosed.

Asset Details: Production: 2,500 boe/d (52% oil and natural gas liquids) Acreage: 105,000 net acres (within Tamarack's West Central core area - prospective for the Cardium play) Drilling Locations: Approximately 50 high-quality, multi-zone drilling locations Reserve Estimates as of July 1, 2020: 6.6 MMboe of proved developed producing reserves 7.5 MMboe of total proved reserves 10.7 MMboe of total proved plus probable reserves TPP reserve life index of…



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Price History



Date Deal Headline Price$/acre
Dec-09-2020 Whitecap Resources to Acquire TORC Oil & Gas - -
Sep-01-2020 Whitecap Acquires Nal Resources in All-Stock Deal Worth $155MM - -
Apr-28-2020 Return Energy Acquires Bulk of Bellatrix's Assets for $109 Million - -