Each week, XI Technologies scans its unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you’d like to receive our Word to the Wise in your inbox, subscribe here . The Clearwater oil reserve in Alberta receives attention once again with the latest acquisition from Tamarack Valley Energy Ltd. (Tamarack) of Deltastream Energy Corp (Deltastream), whose assets are clustered in a Clearwater fairway. Tamarack announced its biggest takeover: $1.4B for private producer Deltastream, to further expand their growing Clearwater heavy oil play in north-central Alberta. What do the companies look like prior to completing the agreement? What do we know about each company’s assets, core areas, and recent activity? How might this combination affect others in the area? We’ve looked at both companies through a few different lenses using our Asset Suite software tools to allow you to compare the companies and gain some insight of your own. Click here to download a pdf report of the above data, including additional Land and History data. Core Areas This Tamarack Valley acquisition was described as an expansion of holdings in Clearwater, priming the company to grow. The […]
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