Fetching News Details

Vermilion to purchase Spartan Energy for USD 860mn in stock category
April 17, 2018
Source: World Oil

Vermilion to purchase Spartan Energy for USD 860mn in stock

To enhance its position in Saskatchewan, Vermilion Energy, the international oil and gas producer, has agreed to buy Spartan Energy for about $860 million in stock. The Saskatchewan area is considered profitable with a favorable regulatory environment and this deal will further boost the firm’s production and acreage. The deal is expected to take Vermilion’s overall output to about 95,000 boe/d.

   Read More About : UPSTREAM
⬅ all news

Please Login to Save News for Later