Whitecap increases dividend by 22%.
- target: XTO Energy Canada
- deal: total cash deal, $1.9 billion and assumption of working capital
- net purchase price: $1.7 billion
- 32,000 boepd
- = $53,000 / boepd flowing (high end)
- Duvernay and Montney formations in Northwest Alberta
- 639,000 net acres
- = $2,660 / acre
- 20 years of tier one drilling locations
- more at the link
- Montney tracked at the sidebar at the right;
- Duvernay tracked at the sidebar at the right.
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