Cygnet Energy to Acquire Kiwetinohk Energy
Cygnet Energy has agreed to acquire all outstanding common shares of Kiwetinohk Energy Corp (KEC), a Calgary-based producer of natural gas, natural gas liquids, oil, and condensate.
- Acquisition consideration: C$24.75 per KEC share in cash
- Total acquisition value: approximately C$1.4 billion ($1 billion), including debt
Funding for the acquisition is being provided by NGP Energy Capital Management and Carlyle Group, a new investor in the company.
No additional information is provided.
Author's summary: Cygnet Energy buys Kiwetinohk Energy.
More News
- Several elections pending to fill vacant legislative seats, starting Tuesday |
- What to Expect from Argentina's Economic Reforms after Milei's Midterm Success
- Tomago Aluminium is more than just a smelter, it's a strategic asset
- Atalanta 1-1 AC Milan: Rossoneri up to second in Serie A while hosts remain unbeaten
- Rep. Marcus Wiedower steps down from Georgia House, special election to fill seat this December
- ANCA endorses Abigail Spanberger for Virginia Governor