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Black Swan Energy

Company Summary

Description

Black Swan Energy is a Calgary based private energy company with $850 million of committed equity capital, focused on early-entry Western Canadian resource plays. The company has a significant land position in the Montney play in northeast British Columbia and the Duvernay play in central Alberta, which are being actively developed.

Website

http://www.blackswanenergy.com/About-Us/index.php

Related Entities

Firm Transport Commitments

Project: North Montney Mainline Project
Firm Commitment: 229 Mmcf/d

Recent news

  • 6/13/2023 - Ovintiv Acquires Core... (subscriber access)
  • 4/3/2023 - Ovintiv Acquiring... (subscriber access)
  • 7/19/2021 - Tourmaline Oil Closes on... (subscriber access)
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  • 10/17/2019 - Black Swan Reports... (subscriber access)

Company Transactions

Date: 7/30/2021
Type: Acquisition

DETAILS:

COST: 910 $MM

VOLUMES: 50 MBOE/d

ACRES: 230000 Acres

NOTES:
Tourmaline Oil Corp. has entered into a deal to acquire privately owned Black Swan Energy for $910 million (CAD$1.1 billion.) The deal includes 26 million common shares and the assumption of up to $350 million in net debt. Closing is targeted for July 2021.
REGIONS:
  • Montney Formation
  • Date: 9/26/2018
    Type: Acquisition

    NOTES:
    Black Swan Energy has entered into an agreement with AltaGas, whereby AltaGas will acquire a 50% stake in both current and future natural gas processing plants of Black Swan.
    REGIONS:
  • Montney Formation