RE: i3 Energy PLC Announces South Simonette Consolidation – ROFR Exercise1 Jun 2021 09:05
Pretty significant savings and a very astute deal:
the Company is acquiring the Anegada Interest and reinstating production for 1.49x NTM forecasted NOI of USD 3.2mm, USD 11,111/boepd, and USD 0.95/boe (2P), materially below the averages since Q4 2020 for similar Western Canadian transactions of 4.53x NTM NOI, USD 32,067/boepd, and USD 5.61/boe.