Tamarack Valley Energy Announces Strategic Clearwater and Waterflood Asset Acquisitions
Transaction Type
Sellers
Buyers
Basin
Western Canadian Sedimentary Basin
Announce Date
Post Date
Estimated Price
CA$135.3MM
Description
To acquire assets in the Provost and Nipisi areas of Alberta in two separate agreements; comprises approximately 2,800 boe/d of low decline oil weighted assets under waterflood in the Western Canadian Sedimentary Basin. (Expected to close March 25)