Spartan Delta to acquire Inception Exploration, Simonette Assets and Willesden Green Assets for $148m.

Spartan Delta, an oil and gas exploration and production company, agreed to acquire Inception Exploration, oil and gas exploration company, Simonette Assets and Willesden Green Assets for $148m. "The Acquisitions add a new core area in the Alberta Montney and complement Spartan's existing core area in the Cardium and Spirit River in west-central Alberta. The Financings further bolster Spartan's strong balance sheet and enable further pursuit of our consolidation strategy," Fotis Kalantzis, Spartan President and Chief Executive Officer.