One-Page Deal Sheet
West Lake Energy Acquires Light Oil-Focused Boulder Energy
West Lake Energy Boulder Energy Ltd
Announced Date
September 13,2021
Close Date
September 08,2021
Transaction Type
Corporate
Asset/Basin:
["Western Canadian Sedimentary Basin (WCSB)"]
TargetZones:
["Belly River"]
Net Acres
% Oil:
Proved Reserves
Location
Region
Canada
Country
Canada
Play
Production & Reserves Production
Production Mix
Reserves
Transaction Details: Subscribe to see
West Lake Energy Corp. has acquired Boulder Energy Ltd., a privately held primarily light-oil producer with assets in the Brazeau area of West Central Alberta (Belly River).
Deal terms were not disclosed.
Deal Details: Acreage: 140,000 net acres Drilling Locations: 160 Production: 2,500 boepd (100% light oil) Proved Reserves: 32.8 MMBOEBruce McDonald, West Lake's CEO, said: “This acquisition is transformational for West Lake. The Board and executive are focused on a new strategic direction, and this acquisition represents the first step in our plan to achieve our growth and value…
| 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 |
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