Deal Insight
Baytex Energy and Raging River to merge in Cdn$1.9 billion stock deal
Report summary
Baytex aims to join the 100,000 barrel per day club by merging with Raging River. On 18 June, the Canadian-based companies announced an all stock deal worth Cdn$1.9 billion (US$1.5 Billion). Raging River holds a sizeable land position in the east Duvernay Shale basin, an area of western Canada that has attracted substantial interest from prospectors over the past 18-months. The company also brings with it 21,000 boe/d of on-stream light oil production from the Viking formation in western ...
Table of contents
- Executive summary
- Transaction details
-
Upstream assets
- Raging River
- Baytex
- Deal analysis
- Upsides and risks
-
Strategic rationale
- Baytex
- Raging River
- Oil & gas pricing and assumptions
Tables and charts
This report includes 4 images and tables including:
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
- Upstream assets: Table 1
- Drilling activity in central Alberta and Saskatchewan
What's included
This report contains:
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