Deal Insight
Alexander Energy picks up Saskatchewan assets with the all-share acquisition of Renegade Petroleum for US$450 million
This report is currently unavailable
Report summary
On 11 February, Alexander Energy and Renegade Petroleum announced they had entered into an amalgamation agreement, whereby Alexander would acquire all of the issued and outstanding shares of Renegade. The acquisition includes approximately 5,200 boe/d (97% liquids) of production, 150,571 net undeveloped acres, and Cdn$548 million in tax pools. The total transaction price is approximately Cdn$459 million (including Cdn$168 million in net debt), representing a 53% premium to Renegade's ...
Table of contents
-
Executive summary
- Announcement on the heels of a bitter proxy battle
- Transaction details
-
Upstream assets
-
Renegade's Saskatchewan assets drive the economics
- Williston Basin
- Viking
-
Renegade's Saskatchewan assets drive the economics
- Deal analysis
-
Upsides and risks
- Significant Saskatchewan Upside
-
Oil & gas pricing and assumptions
- Economic Assumptions
Tables and charts
This report includes 9 images and tables including:
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Executive summary: Table 1
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Williston Type Curve
- Viking Type Curve
- Upstream assets: Table 1
What's included
This report contains:
Other reports you may be interested in
Asset Report
TAQA Alberta
The Abu Dhabi National Energy Company, also known as TAQA, entered the Canadian upstream sector in 2007 through the acquisition of ...
$3,100
Asset Report
High Lake copper mine project
A detailed analysis of the High Lake copper mine project.
$2,250
Asset Report
Ajo copper mine project
A detailed analysis of the Ajo copper mine project.
$2,250