One-Page Deal Sheet
Tourmaline Acquires Alberta Deep Basin Assets for C$183MM
Tourmaline Oil Corp. Not Disclosed
Announced Date
February 02,2016
Close Date
January 29,2016
Transaction Type
Property
Enterprise Value (EV)($MM)
183
Asset/Basin:
{"Alberta Deep Basin"}
TargetZones:
{Wilrich,Notikewin,"
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/Location
Transaction Details: Subscribe to see
Tourmaline Oil Corp. has acquired assets for approximately $183 million CDN in the Minehead-Edson-Ansell area of the Alberta Deep Basin, immediately adjacent to one of the Company's largest-producing complexes.
The acquired assets are within one of the large Cretaceous Wilrich 'sweet spots' that the Company has identified through the 2014/15 drilling programs in the Deep Basin; the assets also have multiple additional development opportunities in the Notikewin and Falher C formations.
Current production from the assets is ranging between 4,500 and 5,000 boepd. Tourmaline plans to grow this…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
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Click here | Alberta | E&P |
| Aug-22-2022 |
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Click here | British Columbia | E&P |
| Aug-01-2022 |
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| Jun-29-2022 |
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| Dec-15-2021 |
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