Spartan Delta has agreed to acquire Velvet Energy, a light-oil producer in the Montney Play in Canada, for a sum of nearly CAD743. 4m ($595.43m). Velvet Energy, which is privately held, mainly operates in the Gold Creek, Pouce Coupe, and Karr areas of northwest Alberta.
Who owns Spartan Delta?
President and CEO. Dr. Fotis Kalantzis has been a co-founder of several public companies and has over 25 years of experience in oil and gas exploration and development in senior technical and leadership positions. Dr.
What does spartan Delta Corp do?
Spartan Delta Corp. is a modern energy company and ESG leader offering a comprehensive benefits program including a Flex Spending Account; a competitive total compensation package including an Employee Stock Purchase Plan (ESPP) and Long Term Incentive Program (LTIP); and a collaborative work environment with career ...
What is BOE report?
News & media website. Canada's source for oil & gas news, activity, and information. BOEReport.com features: real-time news headlines, well activity map and data, property listings, commodity prices, economic releases, and industry jobs.
Who bought cequence energy?
Since the Bellatrix acquisition, Spartan Delta has struck more recent deals to buy Calgary-based Cequence Energy Ltd and Inception Exploration Ltd. Makarov, whose net worth Forbes estimates at US$2.1 billion, was the controlling shareholder in Inception and accepted Spartan Delta's all-share offer for the company.
30 related questions foundWhat do Russian oligarchs do?
The main goal of the task force is to impose the sanctions set against these individuals to freeze and seize the assets that the US government claimed were proceeds of their illegal involvement with the Russian government and the invasion of Ukraine.
How did Abramovich get rich?
The billions Abramovich made from Russia's privatisations funded his famously lavish lifestyle: grand houses, private jets, yachts and fast cars, the £1.5bn he pumped into Chelsea, and a portfolio of further investments.
How much is Roman Abramovich worth?
Representatives for Abramovich, who has a net worth of $13.9 billion according to the Bloomberg Billionaires Index, didn't immediately respond to requests for comment.
Is Abramovich close to Putin?
Abramovich is considered to have a good relationship with Russian president Vladimir Putin. Besides Russian, he also holds Israeli and Portuguese citizenship. Abramovich was one of seven oligarchs sanctioned by the UK government over the 2022 Russian invasion of Ukraine, including asset freezes and travel bans.
What percentage of Chelsea does Abramovich own?
Abramovich then purchased just over 50% of Chelsea Village plc's share, including Bates' 29.5% stake and over the following weeks bought out most of the remaining 12,000 shareholders.
Was Chelsea bought for a pound?
It was April 2, 1982, and notorious businessman and football executive Ken Bates had just bought the Blues for £1.
Did Abramovich buy Chelsea for 1 pound?
Roman Abramovich is believed to have paid around £140 million ($233 million at the time) for the club in 2003. He bought the club in June that year from Ken Bates, who had himself bought the club in 1982. However, Bates' purchase price was just £1 — although he also had to take on debts of £1.5 million at the time.
What happens if no one buys Chelsea?
The directors of Chelsea FC, the Abramovich-controlled outfit that owns the team, are being forced to run the club as if it has no shareholder. It can carry on its sporting activities but Abramovich can't benefit financially. There are government-imposed curbs on revenue-generating activities and spending.
How much did Ken Bates sell Leeds for?
In 2003, he sold the club to Russian oil billionaire Roman Abramovich for a sum of £140 million, making a £17 million profit.
Why did Abramovich sell Chelsea?
The reason Roman Abramovich wants to sell Chelsea is because he is facing the threat of being sanctioned by the UK government. If that was to happen, potentially all his assets in the UK could be frozen and he would lose control of the club.
Why did Abramovich buy Chelsea?
The same rationale might have applied to Chelsea. Abramovich bought it because it was buyable. Oligarchs buy stuff until they have everything and then, like Conor McGregor, realise that having it all is not all it's cracked up to be.
How did Abramovich buy Sibneft?
The Chelsea owner made billions after buying an oil company from the Russian government in a rigged auction in 1995. Mr Abramovich paid around $250m (£190m) for Sibneft, before selling it back to the Russian government for $13bn in 2005.
What business does Abramovich own?
The billionaire is the largest shareholder of Evraz, one of the world's top producers of steel. He also owns stakes in the world's largest producer of refined nickel, according to Bloomberg. Most of Abramovich's vast fortune comes from proceeds from selling Russian state-owned assets after the fall of the Soviet Union.
How long has Abramovich owned Chelsea?
Roman Abramovich first took ownership of Chelsea FC in June of 2003. Through a 100 percent ownership stake in U.K.-based holding company Fordstam Limited, Abramovich purchased the club from Ken Bates, who in turn went on to buy Leeds United.