Bunker Energy

Transaction Type
Sellers
Post Date
Estimated Price
MM
Description

NEW, Privately held Canada-based Bunker Energy has retained Collins Barrow Securities Inc. to sell the company. Bunker has gas reserves in western Canada. Current production is 1.9 million cubic feet of gas per day. Total proved reserves are 5.4 billion cubic feet of gas, while proved-plus-probable total 8.5 billion cubic feet of gas. Net undeveloped land included in this acquisition is some 14,000 acres. The company has a total proved-plus-probable reserve life index of 5.5 years. For more information, contact Darryl Derouin, 403-298-1515