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Energy M&A image Energy M&A » By The Online Investor Staff, updated Fri., Mar. 29, 4:25 AM Recent mergers and acquisitions in the Energy M&A category.

Slide #19. Tourmaline Santonia Energy

Acquirer: Tourmaline (TSE:TOU.CA)
Acquiree: Santonia Energy
Details: Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce the completion of its previously announced acquisition of all of the outstanding common shares of Santonia Energy Inc. ("Santonia") pursuant to an arrangement (the "Arrangement") under the Business Corporations Act (Alberta). Under the Arrangement, which was approved by Santonia shareholders by greater than a 99% majority, Santonia shareholders received 0.03012 of a Tourmaline common share for each Santonia common share resulting in the issuance of approximately 3.2 million Tourmaline common shares.

Tourmaline Oil is engaged in the acquisition, exploration, development and production of petroleum and natural gas properties.

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Company Name: 
Tourmaline Oil Corp
Website: 
www.tourmalineoil.com
Sector: 
Oil & Gas Exploration & Production
Number of ETFs Holding TOU.CA: 
1
Total Market Value Held by ETFs: 
$306391
Total Market Capitalization: 
$8.38B
% of Market Cap. Held by ETFs: 
0.00%
 

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