Twin Butte Energy Acquires Private Oil Producer For $360 Million

摘要

Twin Butte Energy Ltd. (TO: TBE) entered into an arrangement agreement with Black Shire Energy Inc. to acquire all of the issued and outstanding class “A” common shares of Black Shire for total consideration of $358 million, including the assumption of $107.6 million of net debt, the company announced on Oct. 9.