EAGLE ENERGY TRUST
Eagle was created to provide investors with a sustainable business while delivering stable production and overall growth through accretive acquisitions. Eagle's strategy is to acquire and exploit conventional long-life hydrocarbon reserves in certain established production basins in North America. Eagle predominantly owns producing properties with development and exploitation potential. Eagle was formed in 2010 to take advantage of market conditions that allowed Eagle to acquire, operate a... nd exploit oil and gas production and reserves located in the U.S. Over a four year period, Eagle successfully acquired, operated and exploited U.S. oil and gas production and reserves at competitive costs compared to Canada, due to certain conditions during this period, including the U.S. having significantly lower transportation differentials compared to Canadian production, and drilling, abandonment, operating and service costs in the U.S. being lower than in Canada. During 2014, market conditions in the U.S. caused acquisition prices to increase significantly in the Permian Basin. Management elected to take advantage of these conditions and sold its Permian Basin asset for approximately $CDN 151 million. As market conditions in the Canadian oil and gas industry began to change in 2014, transportation differentials narrowed significantly and valuations became competitive with the U.S. market. In light of these conditions, management elected to expand its operating strategy to acquire and operate oil and gas properties in both Canada and the U.S., thereby taking advantage of market conditions in both countries. In December 2014, Eagle acquired a 50% non-working interest in one of Canada's premier petroleum producing waterflood properties near Dixonville, Alberta in the Montney "C" formation. This was a transformational opportunity for Eagle, allowing the Trust to form a Canadian subsidiary of the business and ultimately enter Canada. On August 20, 2015, Eagle acquired a private oil and gas company with petroleum producing properties located in the Twining Field in Alberta. The properties are located in one of the largest Pekisko oil pools in the Western Sedimentary Basin, and its portfolio of over 30 drilling locations is anticipated to extend Eagleโs inventory necessary to sustain a current corporate production rate of 3,750 boe per day for over 5 years. Eagle focuses its acquisition efforts on high quality petroleum producing properties with proven reserves and development and potential. Eagle currently owns properties in Dixonville and the Twining Field, which are both located in Alberta, and Caldwell, Hardeman and Palo Pinto counties in Texas. Eagle does not intend to engage substantially in exploration activities.
EAGLE ENERGY TRUST
Industry:
Energy Oil And Gas Renewable Energy
Founded:
2010-07-20
Address:
Calgary, Alberta, Canada
Country:
Canada
Website Url:
http://www.eagleenergytrust.com
Total Employee:
11+
Status:
Active
Contact:
+1 (403) 531-1575
Email Addresses:
[email protected]
Technology used in webpage:
SPF Domain Not Resolving Euro Microsoft Exchange Online Office 365 Mail IPv6 Microsoft Azure DNS Microsoft Shaw Afraid DNS
Similar Organizations
Barra Energia Petroleo e Gas
Barra Energia Petroleo e Gas is an oil exploration and production company specialized on basins off the coast of Brazil.
Felix Energy
Felix Energy LLC is a private exploration and production company focused on creating value from onshore U.S. projects.
Southern Energy Group
Southern Energy Group is an oil and natural gas exploration, development, and production company focused on the oil fields.
TriWestern Energy Corp.
TriWestern Energy Corp. is a private exploration and production company focusing on conventional heavy oil in western Canada.
Current Employees Featured
Stock Details
Acquisitions List
Date | Company | Article | Price |
---|---|---|---|
2015-07-22 | Coda Petroleum | Coda Petroleum acquired by Eagle Energy Trust | 23.1 M USD |
2015-04-15 | Maple Leaf Royalties | Maple Leaf Royalties acquired by Eagle Energy Trust | N/A |
Official Site Inspections
http://www.eagleenergytrust.com
- Host name: srvfs09.eagleenergytrust.com
- IP address: 96.53.16.18
- Location: Calgary Canada
- Latitude: 51.0605
- Longitude: -114.1102
- Timezone: America/Edmonton
- Postal: T2N
More informations about "Eagle Energy Trust"
Eagle Energy Trust - Crunchbase Company Profile & Funding
Eagle Energy Trust is a publicly traded exploration and production company, focusing primarily in the Salt Flats area. Search Crunchbase. Start Free Trial . ... 866 Number of Organizations โข โฆSee details»
Eagle Energy Company Profile 2024: Overview
Eagle Energy Trust. Ownership Status. Privately Held (no backing) Financing Status. Corporation. Corporate Office. 500 - 4th Avenue South West; Suite 2710; Calgary, Alberta T2P 2V6; Canada +1 (403) Primary Industry. Energy โฆSee details»
Eagle Energy Trust - Alberta,Calgary - oilmonster.com
Eagle Energy Trust. Oil & Gas Company in Canada,Alberta,Calgary Suite 2710, 500 âโฌโ 4th Avenue SW T2P 2V6See details»
Eagle Energy Trust - Funding, Financials, Valuation & Investors
Dec 3, 2010 Eagle Energy Trust is a publicly traded exploration and production company, focusing primarily in the Salt Flats area. Search Crunchbase. Start Free Trial . ... Eagle Energy โฆSee details»
Eagle Energy Trust (ENYTF) Profile - The Globe and Mail
See the company profile for Eagle Energy Trust (ENYTF) including business summary, industry/sector information, business summary, corporate governance, key executives.See details»
FTI Consulting - Eagle Energy
FTI Consulting, Inc. / Eagle Energy. On November 19, 2019 FTI Consulting Canada Inc. was appointed as Receiver pursuant to an Order of the Court of Queen's Bench of Alberta of all the โฆSee details»
Eagle Energy Trust: Shareholders Board Members Managers and โฆ
Eagle Energy Trust: Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Toronto S.E.: EGL_u ...See details»
Eagle Energy Trust - ContactOut
Eagle was created to provide investors with a sustainable business while delivering stable production and overall growth through accretive acquisitions. Eagle's strategy is to acquire and โฆSee details»
Eagle Energy Trust - Contacts, Employees, Board Members
Eagle Energy Trust has 5 current employee profiles, including Vice President, Corporate & Business Development Scott Lovett. Scott Lovett Vice President, Corporate & Business โฆSee details»
Eagle Energy Trust - Company Profile and News - Bloomberg โฆ
Eagle Energy Trust is an unincorporated, open-ended limited purpose trust. The Trust owns a working interest in the Salt Flat Field, which is a light oil property in south central Texas. ...See details»
One of Canadaโs remaining energy trusts has big change of heart
Oct 21, 2014 Eagle Energy Trust wants to invest at home, look more like a โdivcoโ ...See details»
Eagle Energy abandons income-trust model - The Globe and Mail
Nov 20, 2015 Eagle Energy Trust is restructuring as a standard-issue dividend-paying corporation, abandoning an income-trust structure that failed to win favour with investors as โฆSee details»
Eagle Energy Inc - Dun & Bradstreet
Find company research, competitor information, contact details & financial data for Eagle Energy Inc of Calgary, AB. Get the latest business insights from Dun & Bradstreet.See details»
Hello: Can I have your opinion on Eagle Energy Trust? Thanks.
Dec 1, 2023 Eagle Energy Trust, $8.31, symbol EGL.UN on Toronto (Units outstanding: 31.3 million; Market cap: $259.7 million; www.eagleenergytrust.com), came out as a new issue in โฆSee details»
Eagle Energy Trust Stock Toronto S.E. - MarketScreener.com
Mar 20, 2002 Eagle Energy Trust Stock Toronto S.E. Equities EGL_u CA2695051037 Oil & Gas Exploration and Production End-of-day quote Toronto S.E. Other stock markets-CAD - 2020: โฆSee details»
Eagle Energy Trust Responds to Recent Trading Activity and โฆ
May 1, 2014 Eagle Energy Trust is responding to a request from the Investment Industry Regulatory Organization of Canada on behalf of the Toronto Stock Exchange following recent โฆSee details»
EAGLE ENERGY TRUST FILES FINAL PROSPECTUS FOR $150 โฆ
Nov 17, 2010 /CNW/ - Eagle Energy Trust ("Eagle" or the "Trust") is pleased to announce that it has filed a final prospectus with the securities regulatory authorities in...See details»
Eagle Energy Inc. Completes Transactions Approved Under โฆ
Jun 30, 2020 Eagle Energy Inc. Completes Transactions Approved Under Canadian Bankruptcy Proceedings; Primary Lender Becomes Sole Shareholder June 30, 2020 7:23 PM EDT | Source: Eagle Energy Inc. Calgary, Alberta--(Newsfile Corp. - June 30, 2020) - Eagle Energy Inc. ("Eagle" or the "Corporation") announces that it has completed certain transactions contemplated by a โฆSee details»
Eagle Energy Trust - OSC
Citation: Eagle Energy Trust, Re, 2010 ABASC 548. November 29, 2010. IN THE MATTER OF. THE SECURITIES LEGISLATION OF. ALBERTA AND ONTARIO (the Jurisdictions) AND. ...See details»