Deal Insight
Tourmaline acquires Bonavista Energy in a Cdn$1.45 billion deal
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Tourmaline Oil's acquisition of Bonavista Energy will mark the gas giant's first transaction in over two years. The purchase will push Tourmaline's production past the 600,000 boe/d threshold, with Tourmaline more resembling American gas peers Chesapeake Energy and Southwestern Energy than fellow Canadian gas operators. This deal helps Tourmalines further solidify its dominant position in the Deep Basin, securing quality inventory and liquids production.
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes the following images and tables:
- Executive summary: Table 1
- Upstream assets: Table 1
- Deal analysis: Table 1
- Deal analysis: Table 2
- Deal analysis: Table 3
- Deal analysis: Table 4
- Oil & gas pricing and assumptions: Table 1
- Oil & gas pricing and assumptions: Table 2
What's included
This report contains:
