WebThe Palliser Block surrounds Brooks at the southern end and extends towards Drumheller at its northernmost point. It has a current production of 54,000 Barrels of oil equivalent per day. This deal comes about a month after the company announced an agreement to sell its crude and natural gas operations in the Suffield block to International Petroleum Corporation for … WebMay 2, 2024 · Palliser Block — Verger, Verger North And Gem Prospects. Wednesday, May 2, 2024, 6 AM MDT. Print. Heritage Resource Limited Partnership (“Heritage”) is marketing …
Japanese oil producer eyes Canada divestment as M&A picks up
WebOct 1, 2024 · On October 18, 2024, Torxen Energy and Schlumberger Production Management entered into a definitive agreement to purchase the Palliser Block assets in Alberta from Cenovus Energy Inc. for cash consideration of $1.3 billion. The assets include Lower Manville Oil and Liquid reservoirs and significant shallow gas production. WebOct 19, 2024 · The block consists of oil and gas wells, surface facilities, a pipeline network and approximately 800,000 acres of oil and gas development rights. his hands church woodstock ga
Schlumberger, Torxen Grab Cenovus Properties in Alberta for $1.3B
WebJan 8, 2006 · A BLOCK of coastal land near Cape Palliser that has been the subject of on-going access problems for years has been sold to the Government. Conservation minister … Web*Schlumberger Production Management, on the purchase of the Palliser Block assets in Alberta from Cenovus Energy Inc. for cash consideration of $1.3 billion. *Murphy Oil Company Ltd., in its $486-million light oil purchase from and joint venture with affiliates of Athabasca Oil Corporation. WebBackground. Torxen Energy wanted to reduce finding and development costs for new horizontal locations in the Palliser Block in southern Alberta. Partnering with Asset … hometown commons mountain home ar