Publications

Transactions - APRIL 16, 2018

Vermilion Energy to buy Spartan Energy in deal valued at C$1b

by Andrea Zander

Vermilion Energy has agreed to buy Spartan Energy Corp. for about C$1.08 billion ($860 million).

Spartan has operations in central Alberta and in southeast Saskatchewan.

Its current production is approximately 23,000 barrels of oil equivalent per day and its proven plus probable reserves as of Dec. 31, 2017, were 113.5 million barrels of oil equivalent.

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