Macquarie Tristone has been retained to provide financial advisory services for this transaction.
The block expands NuVista's land position to more than 220 gross (190 net) sections in the Wapiti Montney area.
Houston-based Lucas will receive $444,000 for a 50% working interest on roughly 400 acres.
Meagher Energy Advisors is managing the transaction.
Occidental is trying to sell some Middle East assets individually after failing earlier this year to cut 40% of its operations in the region.
HBD, based in Bakersfield, Calif., has annual revenue of $15 million to $20 million.
The Partnership plans to use proceeds to fund the acquisition of the remaining interests in Cardinal Gas Storage Partners LLC.
The Oil & Gas Asset Clearinghouse is holding an auction featuring properties in Wyoming, Colorado, Oklahoma, Texas and more.
The lease sale could result in the production of 116-200 MMbbl of oil and 538-938 Bcf of natural gas.
The alliance will provide for development of liquids-rich gas processing infrastructure in northeast British Columbia.
EnergyNet has been retained to auction working interests and operations in Calhoun, Clay and Roane counties, W.Va.
The acquisition includes the Brown Creek, Stolberg, Deanne, Burnt Timber, Moose, Jumping Pound and Ricinus areas.