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Alvarez & Marsal Canada Inc. - Trustee for the Estate of Premier Petroleum Corp. Bankruptcy Sale

Alvarez & Marsal Canada Inc., (A+M) in its capacity as Trustee of the Estate of Premier Petroleum Corp. (“Premier”) and not in its Personal capacity, has engaged NRG Divestitures to market the Pembina area assets and certain minor lease interests in Niton, Alberta of Premier Petroleum Corp.

The package includes 50% non-op working interest in four Belly River oil wells, and one section of land. The four wells are capable of a projected 44 bbls/d of production each with re-perforations, but are currently shut-in as no funds are available to complete certain work overs to bring the well up for production.

In addition, Premier has lease interests located around the Niton, Alberta area.

The following asset files are available for download.

Download details Download CA Download PSA Letter of Intent