Baytex Energy 以 113MM 的价格剥离加拿大西部原油资产

今年夏天,总部位于卡尔加里的 Baytex Energy 完成了一项价值 22 亿美元的交易,以大幅扩大 Eagle Ford 的规模,之后正在剥离其在萨斯喀彻温省西南部的部分资产。

Baytex Energy 于 11 月 27 日宣布,该公司将剥离其在加拿大西部的部分原油资产。

总部位于卡尔加里的Baytex Energy Corp.同意以近 1.13 亿美元(1.538 亿加元)的价格出售其位于萨斯喀彻温省西南部 Forgan 和 Plato 的部分 Viking 资产。

该资产的产量约为 4,000 桶油当量/天(100% 轻质和中质原油)。

该交易预计将在今年年底前完成。买家没有透露。

该公司表示,此次出售的收益预计将用于偿还 Baytex 未偿还的银行债务。

Baytex 在第三季度收益中报告称,截至 9 月 30 日,该公司的债务总额为 19.8 亿美元(27 亿加元),债务与 EBITDA 比率为 1.1 倍。

Baytex 拥有 11 亿美元的循环信贷额度,到期日为 2026 年 4 月 1 日。该公司在第三季度偿还了 1.5 亿美元的定期贷款。

德克萨斯州南部的规模

第三季度也是 Baytex 在完成对 Eagle Ford Shale E&P Ranger Oil Corp的收购后第一个完整的合并业务季度。

此次价值 22 亿美元的收购在 Eagle Ford 原油窗口增加了 162,000 净英亩面积和 741 个未开发钻探地点,这补充了 Baytex 在卡恩斯海槽现有的非作业位置。

Eagle Ford 第三季度平均产量为 87,311 桶油当量/天(85% 为石油和液化天然气)。

Baytex Energy 以 113MM 的价格剥离加拿大西部原油资产
Baytex 通过以 22 亿美元收购 Ranger Oil,在 Eagle Ford 页岩增加了 162,000 英亩净面积。来源:Baytex 投资者介绍

第三季度,Baytex 全公司平均产量为 150,600 桶油当量/天,比去年同期的平均 83,194 桶油当量/天增长 81%。


相关: Baytex 以 22 亿美元完成对 Eagle Ford 旗下 Ranger Oil 的收购

原文链接/hartenergy

Baytex Energy Divests Western Canada Crude Assets for $113MM

After closing a $2.2 billion deal this summer to add significant scale in the Eagle Ford, Calgary-based Baytex Energy is shedding some of its assets in southwestern Saskatchewan.

Baytex Energy is divesting some of its crude oil assets in Western Canada, the company announced on Nov. 27.

Calgary-based Baytex Energy Corp. agreed to sell a portion of its Viking assets, located at Forgan and Plato in southwestern Saskatchewan, for nearly US$113 million (CA$153.8 million).

Production from the assets is approximately 4,000 boe/d (100% light and medium crude oil).

The transaction is expected to close before the end of the year. The buyer was not disclosed.

Proceeds from the sale are expected to be applied toward repaying Baytex’s outstanding bank debt, the company said.

Baytex had total debt of US$1.98 billion (CA$2.7 billion) and a debt-to-EBITDA ratio of 1.1x as of Sept. 30, the company reported in third-quarter earnings.

Baytex has a $1.1 billion revolving credit facility with a maturation date of April 1, 2026. The company repaid a $150 million term loan during the third quarter.

Scale in South Texas

The third quarter was also Baytex’s first full quarter of combined operations after closing its acquisition of Eagle Ford Shale E&P Ranger Oil Corp.

The $2.2 billion acquisition added 162,000 net acres and 741 undeveloped drilling locations in the crude oil window of the Eagle Ford—which complemented Baytex’s existing non-operated position in the Karnes Trough.

Third-quarter production in the Eagle Ford averaged 87,311 boe/d (85% oil and NGL).

Baytex Energy Divests Western Canada Crude Assets for $113MM
Baytex added 162,000 net acres in the Eagle Ford Shale through its $2.2 billion acquisition of Ranger Oil. (Source: Baytex investor presentation)

Baytex’s companywide production averaged 150,600 boe/d during the third quarter, up 81% from an average of 83,194 boe/d during the same quarter a year ago.


RELATED: Baytex Closes $2.2 Billion Acquisition of Eagle Ford’s Ranger Oil