The following information is provided by Sayer Energy Advisors. All inquiries on the following listings should be directed to Sayer Energy Advisors. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.
Asta Energy (Asta) is offering 100% working interest in approximately 15 LSDs located in the Kerrobert area of Saskatchewan. Asta believes the property to have approximately 30 million barrels (MMbbl) of thermal exploitable oil. Chapman Petroleum Engineering Ltd., a neutral third party, has performed an independent evaluation of the property, which estimated the property to have probable reserves of 20.5 MMbbl of heavy oil. In addition, the lot is estimated to have a net present value of $338.4 million using forecast pricing at a 10% discount. Asta Energy has retained Sayer Energy Advisors as its exclusive advisor relating to the transaction.
Asset Highlights:
- 100% working interest in approximately 15 LSDs located in the Kerrobert area of Saskatchewan.
- Approximately 30 million barrels (MMbbl) of thermal exploitable oil.
- Probable reserves of 20.5 MMbbl of heavy oil.
- A net present value of $338.4 million using forecast pricing at a 10% discount.
Bids are due on June 15 at 12:00 p.m. For complete due diligence information on this property, please visit http://www.sayeradvisors.com/ or
contact Ben Rye, Sydney Birkett, or Tom Pavic by calling 403.266.6133.
Recommended Reading
NextDecade Targets Second Half of 2024 for Phase 2 FID at Rio Grande LNG
2024-03-13 - NextDecade updated its progress on Phase 1 of the Rio Grande LNG facility and said it is targeting a final investment decision on two additional trains in the second half of 2024.
Sempra Targets Summer 2025 for Commercial Start of ECA LNG Phase 1
2024-03-06 - Sempra is targeting the summer of 2025 as the commercial operations date for its 3.25 mtpa (0.43 Bcf/d) nameplate capacity Energía Costa Azul LNG Phase 1 project, located in Ensenada in Baja California, Mexico.
New Fortress Starts Barcarena LNG Terminal Operations in Brazil
2024-03-01 - New Fortress’ facility consists of an offshore terminal and an FSRU that will supply LNG to several customers.
Gunvor Group Inks Purchase Agreement with Texas LNG Brownsville
2024-03-19 - The agreement with Texas LNG Brownsville calls for a 20-year free on-board sale and purchase agreement of 0.5 million tonnes per annum of LNG for a Gunvor Group subsidiary.
Mexico Pacific FID Imminent for Saguaro LNG Trains 1 and 2
2024-04-04 - Mexico Pacific Ltd. is close to taking an initial final investment decision for the first two trains at its Saguaro Energía LNG facility in Sonora, Mexico, which will source feed gas from the Permian Basin.