Ostoa ja myyntiä Saskatchewanissa

'Huge year' predicted for oil and gas marketplace- Energy asset acquisitions expected to surge over winter

"The growing list of western Canadian oil and gas assets for sale is being matched by companies with full wallets and long shopping lists, observers say, leading to predictions of the most active marketplace in years this winter.

"It's going to be a huge year for oil and gas asset acquisitions and divestitures," says David Potter, deputy head of Scotia Waterous in Calgary. "The corporate side will probably be very strong, too.""

On the selling side, several big players have announced plans to focus on core areas by selling non-core assets, including new EnCana Corp. and Cenovus Energy Inc., the company it is spinning out to specialize in heavy oil and refining.

Others that have been selling or plan to sell assets include Pengrowth Energy Trust, Suncor Energy Inc. and Talisman Energy Inc.

This week U. S. oil giant ConocoPhillips announced it would sell $10 billion US worth of assets. In Canada, it has a nine per cent stake in Syncrude Canada Ltd. and is one of the top three producers of natural gas.

On the other side are companies like Crescent Point Energy Corp., which this week announced a half-billion-dollar bought deal equity offering, to be used in part to buy reasonably priced assets in its core area -- Saskatchewan's Bakken light oil play.

"Over the next six to 12 months there are several potential acquisition opportunities out there and we wanted to position ourselves to be strong going into this market," president and chief executive Scott Saxberg said in an interview.

"The numbers we're tracking, there's potentially 50,000 barrels per day of production going to come up for sale over the next six to 12 months through various small-cap, large-cap energy companies . . . in Western Canada."

Listattuja mahdollisia Saskatchewan-ostokohteita Painted Pony Petroleum, Reliable Energy, Ryland Oil, Second Wave Petroleum. Crescent Pointilla on jo merkittävä omistus kahdessa ensimmäisessä. Parhaimmat Saskatchewanin mineraalioikeusmaat ovat valitettavasti joko suurien tai sitten yksityisien yhtiöiden hallussa.

Hinnoista Saskatchewanissa:

Bonterra-Eagle Rock kauppa lokakuussa(Lower Shaunavon ja Viking-maata):

Production $100,000 per producing boe
Proved plus probable reserves $15.50 per boe

Provident-Crescent Point kauppa elokuussa(Lower Shaunavon, Viking, Bakken, Frobisher-maata)

$61,710 per flowing boed
$22.06 per boe of P+P reserves

PÄIVITYS 20.10.2009

Glamis Resources Ltd. Announces Two Acquisitions, $90 Million Bought Deal Financing and Increased Guidance

Glamis Resources Ltd. ("Glamis" or the "Company") (GLM.A) is pleased to announce the acquisition of partnership interests from a private company and a private company acquisition (collectively, the "Acquisitions"). Glamis is also pleased to announce a $90 million unit financing (the "Financing") of special warrants and subscription receipts convertible into class A shares of Glamis ("Glamis Shares")...

Tuoreimmalla Glamisin osakkeen noteerauksella ostojen yhteishinnaksi tulee 258 miljoonaa, eli $78.18 per boe(2P) ja huimat $178 000 per virtaava tynnyri.

Mutta:

"The Partnership Acquisition creates two new core areas: Steelman/Willmar and Alameda for high impact conventional light oil production. Production from the areas comes primarily from the Frobisher. Analogous wells in the area have initial production rates of 175 Boepd. In addition, Glamis has significantly increased its holdings in the Antler/Frys core area. These acquired lands are positioned directly adjacent to the Sinclair Three Forks B Pool (Torquay) in Manitoba and Glamis' Torquay lands in Saskatchewan. The acquired lands in Antler were mapped by an independent third-party consultant (GLJ) effective August 1, 2009 and indicate an estimate of gross lease total resource of 91.9 MMSTB discovered petroleum initially in place ("PIIP")1. Glamis' working interest of the PIIP would be slightly under 100%. The Antler lands provide capture of a significant light oil (39 degrees API) resource for future delineation and development drilling and potential waterflood. Portions of the neighbouring Sinclair field are currently being successfully waterflood with potential recoveries of up to 50 percent (based upon public data). The Partnership Acquisition also includes working interests in 26 Saskatchewan oil units, providing a long life, predictable production base.

The Connaught acquisition provides Glamis with the foremost position in an emerging, operated, high working interest (75 percent), high-impact Bakken light oil resource play at Taylorton, adding appreciably to the Company's already significant Bakken play exposure. The Bakken light oil resource play at Taylorton is unique to only this area of Saskatchewan. The Bakken Shale is mature providing local, world-class source rocks. The region at Taylorton is an oil-charged system, leading to prolific, low water-cut production rates from the Bakken and the potential for stacked multi-zone opportunities in horizons above and below the Bakken."

ja

"Currently producing wells were typically drilled horizontally with long laterals and completed utilizing 7 to 12 stage Packers Plus frac treatment. Initial rates from these wells have generally ranged between 100 and 300 Boepd. However, recent developments in the application of the fracture treatment to the horizontal wells have lead to a dramatic, positive step-change in results. One of the two most recent drilled Connaught wells has been flow tested with initial rates ranging from 600 to 1,000 Boe/d and the second well is undergoing completion and has also shown high initial inflow rates."

Glamisin ostaman Connaught Energyn omistaa Kern Partnersin pyörittämä private equity-rahasto. Kern Partnersin yksi perustaja ja gp näytttää olevan muuan Pentti Kärkkäinen.