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Over $1.2 billion in Viking deals so far this year, see how it compares to other plays

November 29, 20167:15 AM BOE Report Staff0 Comments

Yesterday’s light oil asset acquisition by Raging River added another $58 million to a substantial sum of deals in Viking play this year. So far in 2016, $1.27 billion worth of transactions has closed with an additional $433 million announced.

The Viking has indeed been a sought after play, however, the Montney remains the most active play for M&A activity in western Canada with $2.3 billion in deals completed year-to-date.

The Williston Basin and Shaunavon have seen approximately $500 million in completed transactions, while other plays are totaling less than $200 million. See the chart below with data gathered from the BOE Report M&A Database.

Chart not displaying? Click here to see image.

Cardium Montney Shaunavon Viking Williston Basin

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