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

One-Page Deal Sheet

Tamarack Valley Acquires Two Canadian Properties; ~127,000 Net Acres

Tamarack Valley Energy Ltd. Not Disclosed
AnnouncedJun 20, 2016
TypeProperty
LocationViking Play,Cardium Shale
Announced Date
June 20,2016
Close Date
July 25,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
85




Snapshot
TargetZones:
{Viking,Cardium,Mann
Net Acres
Net Operated Locations:

Proved Reserves

Location
Region
Canada

Country
Canada

Play


Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Transaction Details:  Subscribe to see

Closing Announcement - July 25, 2016

Tamarack Valley Energy Ltd. has closed the second of its two strategic asset acquisitions, details for which were previously announced on June 20, 2016.

This second acquisition strategically consolidates assets located in Tamarack's core operating areas of Redwater and Wilson Creek in Alberta and includes current production of 850 boe/d (71% light oil and NGLs) with a decline rate of approximately 20-22%, as well as 95 (60 net) total sections of land contiguous with Tamarack's existing Viking and Cardium interests. The Redwater Acquisition adds significant…



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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 - -