2009-06-12-2009-01-01-2009-01-01

Transaction Type
Sellers
Announce Date
Post Date
Close Date
Estimated Price
CA$53.0MM
Description

To acquire properties in Ferrier/Sunchild, Wapiti areas of AB & NW SK, gaining 1,600 BOE/d.

NuVista Energy Ltd., Calgary, (Toronto: NVA) plans to acquire properties in the Ferrier/Sunchild and Wapiti areas of Alberta and in northwestern Saskatchewan from an undisclosed seller for approximately C$53 million in cash. Current production from the acquired properties is approximately 1,600 barrels of oil equivalent per day (78% gas). The effective date is Oct. 1, 2008. Closing is expected by Jan. 20.