Tourmaline Continues North Montney Consolidation with the Acquisition of Black Swan Energy
Tourmaline Oil Corp. is pleased to announce that it has entered into a definitive agreement to acquire privately owned Black Swan Energy Ltd. for a total consideration of approximately $1.1 billion Cdn consisting of 26 million Tourmaline common shares and the assumption of net debt up to a maximum of $350 million including all transaction costs. The transaction is expected to close in the second half of July 2021 ...
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Source: investingnews.com