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Torxen Energy

Company Summary

Description

Private E&P Company operating in Canada

Recent news

Company Transactions

Date: 12/31/2017
Type: Acquisition

DETAILS:

COST: 1 $B

VOLUMES: 54 MBOE/d

NOTES:
Under the agreement Schlumberger will serve as the majority non-operating owner with rights to exclusive service provision and Torxen will serve as operator. The development program will consist of over 1,600 wells beginning in 2018.
REGIONS:
  • Western Canadian Sedimentary Basin