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7 Pages

Birchcliff acquires Gordondale assets from Encana for US$487 million

Birchcliff acquires Gordondale assets from Encana for US$487 million

Report summary

On 21 June 2016, Birchcliff Energy announced an agreement to purchase 100% of Encana's interest in the Gordondale area of the Montney, for cash consideration of Cdn$625 million (US$487 million). The assets produced an average of 25,200 boe/d net (35% liquids) after royalties in the first quarter of 2016. These assets fit well with Birchcliff's existing Montney portfolio to create a large continuous acreage position stretching from Pouce Coupe to Gordondale.

What's included?

This report includes 1 file(s)

  • Birchcliff acquires Gordondale assets from Encana for US$487 million PDF - 713.13 KB 7 Pages, 8 Tables, 1 Figures


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This Upstream Oil and Gas Deal Insight report provides an in-depth analysis of this deal. You will also find information about upstream assets and the strategic rationale behind the deal.

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  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Strategic rationale
    • Encana
    • Birchcliff
  • Oil & gas pricing and assumptions

In this report there are 9 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Transaction details
  • Upstream assets
    • Encana's western Canada position (Gordondale assets marked in red square)
    • Upstream assets: Table 1
  • Deal analysis
    • Deal analysis: Table 1
    • Deal analysis: Table 2
    • Deal analysis: Table 3
    • Deal analysis: Table 4
  • Strategic rationale
  • Oil & gas pricing and assumptions
    • Oil & gas pricing and assumptions: Table 1
    • Oil & gas pricing and assumptions: Table 2
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