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Sinopec Canada: Non-Core Property Divestiture

January 9, 2019 3:01 AM
BOE Report Staff

Sinopec Canada (“Sinopec”) is in the process of selling certain non-core properties located in Alberta (~80,500 Gross Acres). The total Net production from all of the assets for H1 2018 was ~340 Boe/d (~40% oil and liquids). The Assets are a mix of Unit, Operated, and Non-Operated Working Interests, with the majority being Non-Operated.

Click here to view additional information on Sinopec Canada’s Non-Core Property Divestiture

A package of more detailed confidential information will be sent to any party executing a Confidentiality Agreement with Sinopec (a copy of which is available upon request).

Cash offers to acquire the properties will be accepted until 12:00 pm on February 1, 2019. Strong preference will be given to offers to acquire the properties as one complete package; however, offers will be considered for individual properties.

2700, 112 – 4th Avenue SW
Calgary, Alberta T2P 0H3
P: 403.266.6900
www.sinopeccanada.com

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