Finance & Investing | Map - Operator Asset | Financial Trouble | Capital Markets | Corporate Strategy
Canadian Spirit Mulling Strategic Alternatives for Montney Asset
Email
Print 
Bookmark
Canadian Spirit Resources Inc. is pursuing strategic alternatives to maximize the value of its Montney resource base at Farrell Creek, Altares, and Attachie.
CSRI has engaged Industrial Alliance Securities Inc. to assist in this process.
It could equate to a the sale of the Company or a portion of the Company's assets, a merger, recapitalization, farm-in or joint venture, or other such options.
Canadian Spirit's Montney Asset
The asset consists of areas where the company holds 100% WI, as well as areas that are part of its JV with Pacific Canbriam Energy (55% WI for Canadian Spirit).
Total Acreage: 26,817 net
- 100% WI Acreage: 17,158
- JV Acreage with Canbriam: 9,659
Reserves (Proved plus Probable): 10.1 Bcf gross (9.7 net)
Map
Clockwise from top left: Farrell Creek/Altares/Attachie Core, West Block, East Block and West Attachie.
Related Categories :
Corporate Strategy
More Corporate Strategy News
-
Silverbow Resources Board Adopts 'Poison Pill' Strategy
-
Chesapeake Engages Evercore to Market Eagle Ford Portfolio
-
Large E&P Selling Eagle Ford Assets; 600k Net Acres -
-
Chevron Realigns Leadership Structure; Makes Appointments
-
Energy Firms Exit Russian Projects En Masse, Citing Ukraine Invasion (Updated 3/4/22)
Canada News >>>
-
Western Canada Upstream M&A: Q1 2026 Transaction Report
-
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan -
-
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
-
Whitecap Details 2026 Duvernay & Montney Program
-
ARC Resources: Lower 2026 Capex, Higher Volumes
