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Shell Canada Limited

Company Summary

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Company Transactions

Date: 12/31/2016
Type: Acquisition

DETAILS:

COST: 1037 $MM

VOLUMES: 24.85 MBOE/d

ACRES: 206000 Acres

NOTES:
Tourmaline will pay $758 million in cash and $279 million in common shares for the acreage. The acreage includes 61,000 acres in Northeast British Columbia and 145,000 acres in the Deep Basin of West Central Alberta. Estimated production from the properties is 24.84 Mboe/d.
REGIONS:
  • Western Canadian Sedimentary Basin
  • West Central Alberta Deep Basin