Oil & Gas Exploration & Production M&A » By The Online Investor Staff, updated Tue., May. 7, 4:49 PM
Recent mergers and acquisitions in the Oil & Gas Exploration & Production M&A category.
Slide #98. Canacol Energy Ltd. — Shona Energy Company, Inc.
Acquirer: |
Canacol Energy Ltd. (CNE.CA) |
Acquiree: |
Shona Energy Company, Inc. (SHO.CA) |
Details: |
Canacol Energy Ltd. and Shona Energy Company, Inc. jointly announced that they have entered into an agreement whereby Canacol will acquire 100% of the issued and outstanding class "A" common shares of Shona and series "A" preferred shares of Shona, in exchange for common shares of Canacol and cash, by way of a statutory plan of arrangement. The transaction is expected to close on or around December 20, 2012, provided all required Shona and Canacol securityholder, court and regulatory approvals are obtained. |
Canacol Energy is engaged in natural gas exploration and development activities in Colombia.
Open the CNE.CA Page at The Online Investor » Canacol Energy is engaged in natural gas exploration and development activities in Colombia.
Open the SHO.CA Page at The Online Investor »
|
May 7, 2024 4:49 PM Eastern
|