Spartan Energy Lands Strategic Light Oil Acquisition

Transaction Type

Sellers

ARC Resources Ltd.

Buyers

Spartan Energy Corp.

Announce Date

Thu, 11/17/2016 - 12:00 PM

Post Date

Dec 8, 2016

Close Date

Thu, 12/08/2016 - 12:00 PM

Estimated Price

CA$700.0MM

Description

Bought light oil assets in SE Saskatchewan, including more than 400 drilling locations in the conventional Mississippian fairway.

Spartan Energy Lands Strategic Light Oil Acquisition