One-Page Deal Sheet
Waterous Buys Northern Blizzard From NGP, Riverstone For $244 Million
Waterous Energy Fund Northern Blizzard Resources Inc
Announced Date
April 11,2017
Close Date
May 11,2017
Transaction Type
Working Interest
Enterprise Value (EV)($MM)
244
Transaction Details: Require Private Equity Subscription
Waterous Energy Fund is acquiring 67% interest in Northern Blizzard Resources who is backed by Riverstone Holdings and NGP Energy Capital Management for a purchase price of $3.60 / share totalling approximately $244 million.
Commenting on the acquisition, WEF Managing Partner and CEO Adam Waterous stated: "I have been following Northern Blizzard's progress for many years and we are pleased to begin a long-term partnership with CEO John Rooney and President Jim Artindale. Over the last several years, current management's innovative development processes and techniques have transformed the…
| Announced Date | Buyer | Seller | Deal Value($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 |
|---|---|---|---|
| Dec-15-2021 | Tamarack to Acquire Crestwynd Exploration in $184.7MM Cash/Stock Deal | - |
- |
| Mar-01-2021 | Calima Energy to Acquire Blackspur Oil for C$60MM (Including $43MM in Debt) | - |
- |
| Nov-09-2020 | Headwater Inks $100MM Deal for Cenovus' Marten Hills Asset | - |
- |