Insight
Bellatrix consolidates Cardium position with acquisition of Angle
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Report summary
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.
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
- Economic Assumptions
Tables and charts
This report includes 1 images and tables including:
- Harmattan and Ferrier valuations
What's included
This report contains:
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