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One-Page Deal Sheet

Tamarack to Expand Wilson Creek Position in Deal with Suncor

Tamarack Valley Energy Ltd. Suncor Energy Inc.
AnnouncedSep 4, 2014
TypeProperty
LocationCardium Shale
Announced Date
September 04,2014
Effective Date
July 01,2014
Close Date
September 30,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
169




Snapshot
Asset/Basin:
{"Western Canadian Sedimentary Basin - Wilson Creek (Cardium area)"}
TargetZones:
{Cardium,Ellerslie,N
Net Acres
Net Operated Locations:

Proved Reserves

Location
Region
Canada

Country
Canada

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Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Transaction Details:  Subscribe to see

Tamarack Valley Energy Ltd. has announced that its wholly owned subsidiary, Tamarack Acquisition Corp., has entered into a purchase and sale agreement with Suncor Energy to acquire 100% of the Suncor's interests in the Wilson Creek area of Alberta, contiguous with Tamarack's existing Cardium interest in Wilson Creek, for total cash consideration of approximately $168.5 million, subject to certain closing adjustments.

In addition to the closing adjustments, there are two rights of first refusal applicable to the Wilson Creek Pekisko Unit, that if exercised would not have any material impact to…




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 - -
Jul-10-2020 Tamarack Bolts On Property in West Central Alberta; 105,000 Net Acres - -