An unknown buyer entered into an agreement to acquire Certain of Viking Assets Located at Forgan and Plato in Southwest Saskatchewan from Baytex Energy Corp. (TSX:BTE) for approximately CAD 150 million on November 27, 2023. The disposition is expected to close prior to year-end with net proceeds from the sale to be applied against outstanding bank indebtedness. Scotiabank acted as financial advisor to Baytex.

An unknown buyer completed the acquisition of Certain of Viking Assets Located at Forgan and Plato in Southwest Saskatchewan from Baytex Energy Corp. (TSX:BTE) for approximately CAD 160 million on December 11, 2023. Proceeds of CAD 159.7 million, including closing adjustments.