None
Client Logo Image Asset Map Image

Kary Holdings Ltd. Asset Sale of Cypress Gas Facilities/94-B 16 Block C Unit 99 (B) Site: 1.07% Bid Deadline: July 20. 2017

Kary Holdings Ltd.

This is a tremendous opportunity to gain ownership in The Cypress Gas Plant where many large multi-national companies are now producing gas with the anticipation of a proposed LNG facility on the West Coast and eventual access to the Asian market.

The Cypress plant in located on the Montney basin in northeast British Columbia. Montney’s prolific production is boosted by super-liquids rich condensate, unlocked with horizontal drilling and hydraulic fracturing technology, makes it the most profitable natural gas play in Canada. It provides about one-quarter of Canada’s current natural gas output.

A significant build-out in pipeline and processing capacity is underway in the region. This includes the expansion of the TransCanada Mainline Pipeline system and the announced construction of the North Montney Mainline.

Kary Holdings Ltd. owns a 1.0645 working interest (WI) in the Cypress Gas Plant which is operated by Canadian Natural Resources Limited. They also own pipeline access and other working interests in other processing capabilities.

  • Here is a current list of other WI partners;
  • Husky Energy Inc.
  • Indoil Montney Ltd.
  • Japex Montney Ltd.
  • Petroleum Brunei Montney Holdings Ltd.
  • Progress Energy Canada
  • Sinopec Huadian Montney

 

This is your chance to own a valuable Canadian gas asset and a piece of a project for the future.

Please call NRG Divestitures today to sign a Confidentiality Agreement to begin to understand how you can own this valuable working interest in the Cypress Gas Plant.

Thank you for your consideration.

 

The following asset files are available for download.

Download details Download CA Download PSA Letter of Intent