Surge Energy Makes ‘Exciting Re-entry’ with Astra Oil Acquisition

Transaction Type
Sellers
Basin
Western Canadian Sedimentary Basin
Announce Date
Post Date
Estimated Price
CA$160.0MM
Description

To acquire Astra Oil, more than 4,100 boe/d (90% liquids) of operated, light oil production focused primarily in the SE Saskatchewan region of the Western Canadian Sedimentary Basin. (Expected to close August)