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On 15 October 2013, Bellatrix Exploration announced that it will acquire Angle Energy for a consideration of Cdn$576 million (US$555 million). The acquisition - the fifth largest in Canada this year - will result in Bellatrix leaping into the top three Cardium acreage holders.
This report contains
Bellatrix consolidates Cardium position with acquisition of Angle
Table of contents
Cardium value drives the deal
Material upside remains in the Mannville, Viking and Duvernay
Deal follows a series of joint ventures in west central Alberta
Tables and charts
This report includes 1 images and tables including: