2009-08-11-2007-12-01-2007-12-01
Transaction Type
Sellers
Buyers
Announce Date
Post Date
Close Date
Estimated Price
5MM
Description
Acquired 30% WI in nonoperated properties at Spirit River. Production 132 BO/d. 2P 1.7 Bcfg, 109,000 BO.
An undisclosed buyer has acquired a gas-weighted property at Spirit River, Alberta, from Great Plains Exploration Inc., Calgary, (Toronto: GPX) for approximately $5 million. The assets include a 30% working interest in nonoperated properties. Production is 132 barrels of oil per day. Proved plus probable net reserves are 1.7 billion cubic feet of gas and 109,000 barrels of oil. The deal has an effective date of Oct. 1.