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Sinopec Canada: non-core property divestiture

June 10, 20216:35 AM BOE Report Staff

Sinopec Canada (“Sinopec”) is in the process of selling certain non-core properties located in Alberta & British Columbia (22 areas, ~191 Gross Sections/~59 Net Sections). The Total Net Production forecasted for 2021 for all the assets is ~258 Boe/d (~10% oil and liquids). The Assets are a mix of 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).

Sinopec Map

Cash offers to acquire the properties will be accepted until 12:00 pm on July 21st, 2021. 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

SINOPEC

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