Deal Insight
Whitecap Resources acquires Viking light oil producer Beaumont Energy
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 18 March 2015, Whitecap Resources Inc. announced it will acquire Beaumont Energy Inc. for Cdn$587.5 million (US$460 million). The acquisition adds to Whitecap's sizable core position in the Viking (Kerrobert) area of west central Saskatchewan and falls in line with it's strategy of acquiring high netback, low decline sustainable assets with development upside. For Beaumont, the sale caps two years of strong growth which has seen production go from 700 boe/d to 5,100 boe/d.
Table of contents
- Executive summary
- Transaction details
- Deal analysis
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Strategic rationale
- Adding to Whitecap's Viking holdings
- Exit for an impressive growth story
- Canadian M&A remains resilient
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
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Executive summary: Table 1Deal analysis: Table 1Deal analysis: Table 2
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Deal analysis: Table 3Oil & gas pricing and assumptions: Table 1Oil & gas pricing and assumptions: Table 2Strategic rationale: Table 1
What's included
This report contains:
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