Nothing but negotiation

 
The Gap Partnership

Marquee to acquire gas and oil assets

Marquee has announced it is to purchase oil and gas assets.

01 March 2012

Marquee Energy has revealed it has entered an agreement to acquire private oil and gas firm PrivateCo.

Negotiation techniques may have been used by both companies to come to a final total consideration of around $23.2 million (£14.55 million).

This is to be satisfied with the assumption of a net debt totalling $3.9 million, while Marquee is also to issue 10.4 million common shares in the enterprise.

When the acquisition is completed, Marquee will have another oil company in its portfolio.

Merger and acquisition specialists from National Bank Financial, Dundee Securities and Sayer Energy Advisors are providing financial assistance during this process.

"PrivateCo will add high netback, focused heavy oil assets in the Lloydminster area of Eastern Alberta in relative proximity to Marquee's existing east central Alberta core area," Marquee stated.

The firm is focused on creating a high rate of return on the production of fuel. It is publically traded and based in Calgary.

Source: Marquee Energy press release, March 1st

Posted by Edel Quinn

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more


July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more


April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more


February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more


December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more