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CALGARY — Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generations Energy Ltd. on Thursday following the announcement of an oilpatch marriage one analyst . . .
Arc Resources, Seven Generations merging in major Montney tie-up Noah Zivitz, BNN Bloomberg VIDEO SIGN OUT Arc Resources Ltd. and Seven Generations Energy Ltd. announced a tie-up late Wednesday, in a transaction that would bring together a pair of major players in Canada's Montney region. Under the terms of the transaction, Seven Generations shareholders will receive 1.108 Arc shares for each share held. Once the deal closes, Arc's shareholders will own 49 per cent of the combined entity and Seven Generations holders will own 51 per cent, according to a joint media release. The combi...
CALGARY — Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generations Energy Ltd. on Thursday following the announcement of an oilpatch marriage one analyst . . .
Arc Resources, Seven Generations merging in major Montney tie-up Noah Zivitz, BNN Bloomberg VIDEO SIGN OUT Arc Resources Ltd. and Seven Generations Energy Ltd. announced a tie-up late Wednesday, in a transaction that would bring together a pair of major players in Canada's Montney region. Under the terms of the transaction, Seven Generations shareholders will receive 1.108 Arc shares for each share held. Once the deal closes, Arc's shareholders will own 49 per cent of the combined entity and Seven Generations holders will own 51 per cent, according to a joint media release. The combi...
CALGARY - Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generations Energy Ltd. on Thursday following the announcem...