Energy M&A » By The Online Investor Staff, updated Thu., Apr. 18, 12:59 AM
Recent mergers and acquisitions in the Energy M&A category.
| This Slide: #49 of 100 |
Slide #49. Tourmaline Oil Corp. — Santonia Energy Inc.
Acquirer:
Tourmaline Oil Corp. (TOU.CA)
Acquiree:
Santonia Energy Inc. (STE.CA)
Details:
Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline") is pleased to announce that it has entered into an agreement with Santonia Energy Inc. (TSX: STE) ("Santonia") pursuant to which Tourmaline will acquire all of the issued and outstanding common shares of Santonia on the basis of 0.03012 of a Tourmaline common share for each Santonia common share. The acquisition will be effected by statutory plan of arrangement (the "Arrangement").
Tourmaline Oil is engaged in the acquisition, exploration, development and production of petroleum and natural gas properties.
Open the TOU.CA Page at The Online Investor »
Tourmaline Oil is engaged in the acquisition, exploration, development and production of petroleum and natural gas properties.
Open the STE.CA Page at The Online Investor »
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