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Cavalier Energy

Company Summary

Description

Cavalier Energy Inc. is a private, Calgary-based, growth-oriented oilsands developer created in 2011. We are responsible for developing the heavy oil assets previously held by Paramount Resources Ltd., including a 80,000+ barrel-per-day project by 2022 in the Grand Rapids formation. Cavalier has over 300 sections representing approximately 200,000 net acres of Crown leases in the Western Athabasca region of Alberta, Canada.

Website

http://www.cavalierenergy.com/

Operational Regions

  • Canada
  • Western Canadian Sedimentary Basin

Related Entities

Recent news

  • 8/16/2019 - Koch Industries Divests... (subscriber access)

Company Transactions

Date: 8/16/2019
Type: Acquisition

BUYERS:
  • Cavalier Energy
    • SELLERS:
  • Koch Industries
    • DETAILS:
    NOTES:
    Koch Industries has opted to divest its oil sands position to Cavalier Energy, a subsidiary of Paramount Resources. The sale covered five leases while Koch abandoned the rest of their assets.
    REGIONS:
  • Canada