One-Page Deal Sheet
Yoho Sells Off Portion of Kaybob Duvernay Assets
Not Disclosed Yoho Resources Inc.
Announced Date
December 07,2015
Effective Date
December 01,2015
Close Date
December 18,2015
Transaction Type
Property
Enterprise Value (EV)($MM)
50
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Closing Announcement - December 18, 2015
Yoho Resources Inc. has closed the previously announced transaction to sell a portion of its Duvernay assets in the Kaybob area of Alberta for cash consideration of $50 million (prior to adjustments).
After giving effect to the Transaction, the Company is currently undrawn on its bank credit facilities and has estimated positive working capital of $16 to $17 million. Yoho's annual financial statements and other year-end disclosures are expected to be released in early January 2016.
Initial Announcement - December 7, 2015Yoho Resources Inc. has…
| Announced Date | Buyer | Seller | Deal Value($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 | - |
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| Mar-17-2021 | Petro Viking Picks Up Duvernay, Viking Mineral Rights | - |
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| Feb-17-2021 | Crescent Point Inks $900MM Deal for Shell's Duvernay Assets | - |
- |