Current Mandates

Disposition Opportunities

Below you will find ARCO’s current disposition opportunities and corresponding marketing materials.

If you are interested in selling your assets or company and would like more information about the marketing process and industry activity, please contact us directly.

CEC North Star - Corporate Sale Process

CEC North Star Energy Ltd. (“CEC” or the “Company”) has initiated a process to sell the Company and has retained ARCO Capital Partners Inc. (“ARCO”) as its exclusive financial advisor to assist with process marketing (the “Process”).

CEC is a private Alberta incorporated E&P with two oil sands projects in the Manning area of northwest Alberta targeting the Elkton Erosional Edge and Bluesky Channel Sands.

Corporate and asset highlight:

  • Two oil sands development projects with combined potential for +1.6 billion bbl of PIIP
  • Elkton Erosional Edge: 1.06 billion bbl of PIIP supported by existing well control and 2D seismic with API gravity of 14.5o in a uniform carbonate rock matrix at 460 metre depth
  • Bluesky Channel: 400 MMbbl of PIIP supported by well control and 3D seismic
  • Access to key infrastructure, year-round access and nearby industry hubs
  • No bank debt; $0.25 MM of debenture and notes payable
  • 85% of the shares are held by insiders of the Company
  • $160 MM of available tax pools including $94 MM of non-capital losses

Parties that execute the attached confidentiality agreement will have access to confidential information via an online data room. The deadline for non-binding proposals is June 2, 2022.

Information Memorandum
Confidentiality Agreement

Bid Deadline

June 2, 2022