Sinopec Canada (“Sinopec”) is looking to divest of its prospective Duvernay acreage in the Buck Lake Area of Alberta.
Sinopec holds a 100% working interest in 24,320 acres (38 sections) of Duvernay rights in Buck Lake. Sinopec also has a 100% working interest in the 102/16-25-044-05W5/00 producing horizontal Duvernay well.
Sinopec’s lands in the Buck Lake area are offset to the East and North by recent drilling activity by Kiwetinohk Resources Corp, Baytex Energy Inc. and Resourceful Petroleum Canada Limited.
Click here to view additional information on Sinopec Canada’s Buck Lake Duvernay Land Divestiture.
A package of more detailed confidential information will be sent to any party executing a Confidentiality Agreement with Sinopec (a copy of which will be made available upon request).
Sinopec Canada is accepting offers to purchase the Property until 12:00 pm on July 31, 2019. All proposals / deal structures (i.e. sale, swap / exchange or farmin) will be considered, however, strong preference will be given to cash offers.