One-Page Deal Sheet
Zargon Completes Sale of Two Properties in Peace River Arch, Grand Forks Alberta
Not Disclosed Zargon Oil & Gas Ltd
Announced Date
December 03,2013
Close Date
December 03,2013
Transaction Type
Property
Enterprise Value (EV)($MM)
12
Transaction Details: Subscribe to see
Zargon Oil & Gas Ltd. has closed an additional $12.0 million of dispositions in two separate transactions since our November 13, 2013 press release.
Production from these properties totaled approximately 240 barrels of oil per day and 0.50 million cubic feet of natural gas per day. The oil properties are located in the Grand Forks area of southern Alberta, and the natural gas properties are located in the Peace River Arch area of northern Alberta. Both properties are mature assets and are not included in the five high-graded conventional (non-Alkaline Surfactant Polymer (ASP)) oil…
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-03-2014 | Artek Exploration Sells Non-Core Peace River Asset | -  |
- |
| Feb-19-2014 | Devon Wraps Up Major Canadian Sale | - |
- |
| Jun-22-2012 | Petrus Resources Acquires Assets in Peace River Area | - |
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