One-Page Deal Sheet
Trilogy to Sell Producing Kaybob Property
Not Disclosed Trilogy Energy Corp.
Announced Date
November 19,2015
Effective Date
October 01,2015
Close Date
November 30,2015
Transaction Type
Property
Enterprise Value (EV)($MM)
85
Asset/Basin:
{"Duvernay Shale",Kaybob}
TargetZones:
{"Duvernay (volatile
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Trilogy Energy Corp. has announced that it has entered into a definitive agreement to sell 11 net sections of its Duvernay mineral rights in the volatile oil window of its Kaybob Duvernay play for cash consideration of US$85 million.
In connection with the sale, and in an effort to consolidate Trilogy's Duvernay land position, Trilogy will also swap 5.25 net sections of its Duvernay undeveloped lands for an equivalent number of sections of Duvernay rights for no additional consideration.
The predominantly non-operated Duvernay sale assets had an:
Average production (net to Trilogy) of…| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
-  |
- |
Click here | Alberta | E&P |
| Aug-22-2022 |
- |
- |
Click here | British Columbia | E&P |
| Aug-01-2022 |
- |
- |
Click here | Alberta | E&P |
| Jun-29-2022 |
- |
- |
Click here | Alberta | E&P |
| Dec-15-2021 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Jun-29-2022 | Exxon Sells Off Montney, Duvernay Portfolio in $1.47 Billion Cash Deal | - |
- |
| Mar-17-2021 | Petro Viking Picks Up Duvernay, Viking Mineral Rights | - |
- |
| Feb-17-2021 | Crescent Point Inks $900MM Deal for Shell's Duvernay Assets | - |
- |