Woodsman Energy Acquires Central and Northern Alberta Oil & Gas Assets
March 28, 2024
Woodsman Energy Corp., with financing provided by a fund managed by Westbridge Capital Ltd., closed the acquisition of oil and gas assets in Central and Northern Alberta (Sullivan Lake and Valhalla) on March 28, 2024. The properties add approximately 400 boe/d of production (about 60% oil/NGLs), are >95% working interest and mostly operated, and expand Woodsman's portfolio of long-life, low-decline assets.
- Buyers
- Woodsman Energy Corp., Westbridge Capital Ltd. (fund manager / financier)
- Targets
- Central and Northern Alberta oil and gas assets (Sullivan Lake and Valhalla)
- Platforms
- Woodsman Energy Corp.
- Industry
- Oil & Gas
- Location
- Alberta, Canada
- Transaction Type
- Addon
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