GREY:SCSZF - Post Discussion
Post by
puntabeach on Apr 28, 2013 12:44pm
BONTERRA's acquisition
Bonterra Energy acquired Spartan Oil for $420 million in late 2012. Spartan was producing 4,000 boepd (82% oil and liquids) from the Cardium formation and owned 2P reserves of 21.4 MMboe.
Bonterra paid 105K/boepd and $19.6/boe of 2P Reserves.
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