Announced
Completed
Financials
Tags
Friendly
Minority
Private
Acquisition
Cross Border
Integrated Oil and Gas
Single Bidder
Canada
oil and gas exploration
Completed
Synopsis
Westmount Energy, an energy investment company, completed the acquisition of a 12.7% stake in JHI Associates, an oil and gas exploration company. Financial terms were not disclosed. This investment is consistent with Westmount's strategy of seeking exposure to opportunities in the prolific Guyana-Suriname Basin.
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