One-Page Deal Sheet
Whitecap Acquires Nal Resources in All-Stock Deal Worth $155MM
Whitecap Resources Inc. Nal Resources
Announced Date
September 01,2020
Close Date
January 04,2021
Transaction Type
Corporate
Enterprise Value (EV)($MM)
155
Asset/Basin:
["Western Canadian Sedimentary Basin", "Williston Basin"]
TargetZones:
["Cardium", "Three F
Net Acres
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production & Reserves Production
Production Mix
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Whitecap Resources Inc. has agreed to acquire NAL Resources Ltd. in an all-stock transaction valued at approximately $155 million.
This deal closed on January 4, 2021.
Manulife Financial Corp., who owns NAL Resources, will own approximately 12.5% of the combined entity.
AssetsNAL has oil and gas operations in Alberta and Saskatchewan, including:
Current Production: ~27,000 boe/d (55% oil and NGLs) Reserves: Proved developed producing (PDP) reserves of 51.6 MMboe, total proved (TP) reserves of 54.4 MMboe and total proved plus probable (TPP) reserves of 68.5 MMboe Acreage: ~758,000 net…| Announced Date | Buyer | Seller | Deal Value($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-09-2020 | Whitecap Resources to Acquire TORC Oil & Gas | - |
- |
| Jul-10-2020 | Tamarack Bolts On Property in West Central Alberta; 105,000 Net Acres | - |
- |
| Apr-28-2020 | Return Energy Acquires Bulk of Bellatrix's Assets for $109 Million | - |
- |