- Current production of approximately 13,006 boe/d, consisting of approximately 61.3 MMcf/d of natural gas and approximately 2,793 bbl/d of oil and NGLs (estimated sales as of October 18, 2008)
- This opportunity includes all of EnCana’s lands in the Hoadley area, which is comprised of approximately 500,000 gross acres and spans an area of approximately 100 km by 170 km
- EnCana holds an approximate average working interest of 83% on these lands which are a combination of Crown, Freehold and EnCana Fee Leases
- Within the area there is significant infrastructure (high and low pressure gas systems) and processing plant ownership, which are also included in the Package
- The Hoadley Package provides a unique opportunity to acquire a stacked horizon asset base (Edmonton to Banff) with an extensive portfolio of go-forward, low-risk opportunities identified
Data Rooms open October 30, 2008
Bids due November 27, 2008
To execute the Confidentiality Agreement, please print and execute the PDF link above. Send TWO original copies to Kelly Wylie at Tristone Capital Inc.
For further information please contact:
| Tom MacInnis Managing Director, Investment Banking Tel: (403) 303-8650 tmacinnis@tristonecapital.com | Josh Woitas Principal, Investment Banking Tel: (403) 539-8537 jwoitas@tristonecapital.com |
| Ian van Staalduinen Principal, Acquisition & Divestitures Tel: (403) 303-8660 ianvan@tristonecapital.com | Wendy Smith Low Principal, Acquisition & Divestitures Tel: (403) 303-8665 wsmithlow@tristonecapital.com |
