Canbriam Energy aquires northeast BC Suncor mineral lands holdings

Share on FacebookTweet about this on TwitterShare on Google+Share on LinkedIn

Canbriam Energy has announced a deal to acquire all of Suncor Energy’s northeast BC mineral lands holdings and $52 million in exchange for 37 per cent ownership of Canbriam.

The transaction requires regulatory approval before it’s completed.

The company also announced that they will focus their 2018 Capital Budget on sustaining full capacity at their Altares Montney facility near Hudson’s Hope.

You can read the full release here.

Aerial view of the Altares Montney facility. Photo courtesy of Canbriam Energy.

Share on FacebookTweet about this on TwitterShare on Google+Share on LinkedIn