Oil and gas purchase agreement between Daylight Energy Ltd. and Cadence Acquisition Inc.
Date Closed
September 30, 2008
Lead Office
Calgary
Value
87.50 Million CAD
On September 30, 2008, Daylight Energy Ltd. completed the disposition of certain producing oil and gas properties and related assets situated in Alberta to Cadence Acquisition Inc. (assignee and wholly owned subsidiary of Barrick Gold Corporation) for a total purchase price of C$87.5 million.
McCarthy Tétrault LLP advised Daylight with a team led by Keith Byblow.