Saliance News / Blog

Acquistion of Oil and Gas Assets from Magnum Energy

June 24, 2016, posted in News

Aeraden Enery Group ( has purchased producing Viking Light Oil lands located in Provost, Alberta from a public company, Magnum Energy. The area is part of the Viking Trend that stretches from Southwest Saskatchewan to Northwest Alberta, where the successful application of horizontal multi-frac technology has enhanced the recovery of existing reserves. Aeraden also took over the Magnum’s ownership in Mcleod, Countess, Vauxhall and Sedalia gas facility and associated gas production.

Screen Shot 2016-06-24 at 12.46.08 PM