CENTRAL ALBERTA AND SASKATCHEWAN OPPORTUNITY

Canlin Energy Corporation (“Canlin”) has engaged CIBC Capital Markets (“CIBC”) as its exclusive advisor to solicit and evaluate proposals for their assets in the Ashlar and Pincher areas of Alberta, and the Table area of Southwest Saskatchewan.


  • Turnkey operation with ownership of key infrastructure directly connected to sales
  • Owned sweet and sour gas processing provides the opportunity to increase processing income and/or add low-cost production growth
  • No major land expiry issues allow buyer to develop at their own pace
  • Assets are located in an industry friendly area, close to egress with favourable topography and year round access
  • Assets consist of ~2,940 boe/d of production from three areas – Ashlar (2,100 boe/d, 92% gas), Pincher (~440 boe/d, 73% gas) and Table (~400 boe/d, 100% gas)

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It is the intention of Canlin and CIBC to conduct the process such that it minimizes any disruption to Canlin’s operations. Interested parties should not contact Canlin directly regarding any aspect of the process. All communications, enquiries and requests for information relating to the process should be directed to one of the CIBC individuals listed herein.


Signed CAs should be forwarded by email or courier to CIBC. Once a CA has been executed, confidential information will be made available to qualified parties via a Virtual Data Room (“VDR”). Process timeline will be communicated to the counterparties upon executing of a CA.

Key Contacts:


John Peltier
Executive Director
Tel: (403) 260-8646
john.peltier@cibc.com


Ashley Engbloom
Director
Tel: (403) 260-8630
ashley.engbloom@cibc.com


Doug Ashton
Chief Engineer
Tel: (403) 260-8654
doug.ashton@cibc.com


David Smith
Chief Geologist
Tel: (403) 260-0505
davidw.smith@cibc.com