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Tamarack Valley strikes deal to buy private Anegada Oil for $494M

In another sign of ongoing Canadian oilpatch consolidation, Tamarack Valley Energy Ltd. says it has agreed to buy private Anegada Oil Corp. for a net $494 million. ....

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Tamarack Valley strikes deal to acquire Anegada Oil for $494-million

Tamarack Valley strikes deal to acquire Anegada Oil for $494-million
CALGARY
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In another sign of ongoing Canadian oilpatch consolidation, Tamarack Valley Energy Ltd. says it has agreed to buy private Anegada Oil Corp. for a net $494 million.
The Calgary-based oil and gas producer says it will pay $248 million in cash and assumed debt (after deducting proceeds from a royalty sale) and issue about $246 million in shares at a deemed price of $2.34 each for Anegada, which produces about 11,800 barrels of oil equivalent per day from the Charlie Lake area of northwestern Alberta. ....

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Tamarack Valley strikes deal to buy private Anegada Oil for $494 million

Tamarack Valley strikes deal to buy private Anegada Oil for $494 million
by The Canadian Press
Last Updated Apr 12, 2021 at 12:58 pm EDT
CALGARY In another sign of ongoing Canadian oilpatch consolidation, Tamarack Valley Energy Ltd. says it has agreed to buy private Anegada Oil Corp. for a net $494 million.
The Calgary-based oil and gas producer says it will pay $248 million in cash and assumed debt (after deducting proceeds from a royalty sale) and issue about $246 million in shares at a deemed price of $2.34 each for Anegada, which produces about 11,800 barrels of oil equivalent per day from the Charlie Lake area of northwestern Alberta. ....

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Calgary-based Tamarack Valley strikes deal to buy private Anegada Oil for $494M

In another sign of ongoing Canadian oilpatch consolidation, Tamarack Valley Energy Ltd. says it has agreed to buy private Anegada Oil Corp. for a net $494 million. ....

Charlie Lake , British Columbia , Anegada Oil Corp , Tourmaline Oil Corp , Woodcote Petroleum Inc , Tamarack Valley Energy Ltd , Topaz Energy Corp , Tamarack Valley Energy , Anegada Oil , Tourmaline Oil , Tamarack Valley , Woodcote Petroleum , சார்லி ஏரி , பிரிட்டிஷ் கொலம்பியா , தமறக்க் பள்ளத்தாக்கு ஆற்றல் லிமிடெட் , புஷ்பராகம் ஆற்றல் கார்ப் , தமறக்க் பள்ளத்தாக்கு ஆற்றல் , தமறக்க் பள்ளத்தாக்கு ,