Altima Resources Completes Sale Of Its Petroleum And Natural Gas Interests In Lycoming County - Deal Analysis from GlobalData
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Book Details
Author(s)
GlobalData
Publisher
MarketResearch.com
ISBN / ASIN
B0042L5O9K
ISBN-13
978B0042L5O90
Marketplace
France 🇫🇷
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Description
Altima Resources Completes Sale Of Its Petroleum And Natural Gas Interests In Lycoming County - Deal Analysis from GlobalData
Summary
Altima Resources Ltd. (Altima), an Oil & Gas exploration and development company, completed sale of a portion of its petroleum and natural gas interests in Lycoming County, Pennsylvania, for a sales consideration of $1.56 million. The proceeds were used to pay Unbridled Energy Corporation’s (Unbridled) secured debt with the Huntington Bank. This divestment is a strategic step of the company to focus on its core properties located in the Chambers - Ferrier area of West-Central Alberta.
Scope
Summary
Altima Resources Ltd. (Altima), an Oil & Gas exploration and development company, completed sale of a portion of its petroleum and natural gas interests in Lycoming County, Pennsylvania, for a sales consideration of $1.56 million. The proceeds were used to pay Unbridled Energy Corporation’s (Unbridled) secured debt with the Huntington Bank. This divestment is a strategic step of the company to focus on its core properties located in the Chambers - Ferrier area of West-Central Alberta.
Scope
- Rationale behind Altima Resources selling its assets
- Strategic Benefits for the companies involved
- Geography covered -US
- Develop a sound undestanding of the major M&A's, Partnerships, And Joint Ventures taking place in North American Oil & Gas industry
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the US oil & gas market
- Get a detailed analysis of a deal to enable you to take better decisions
