Viking Energy to acquire a 60% stake in Simson-Maxwell.

Viking Energy, an independent oil and gas exploration and production company, agreed to acquire a 60% stake in Simson-Maxwell, a manufacturer and supplier of industrial engines, power generation products, services and custom energy solutions. Financial terms were not disclosed. "We are very excited to be working with Remora and the entire Simson-Maxwell team, and look forward to further strengthening an already-established platform and recognizable brand to position the company for additional expansion throughout North America through the remainder of this year and beyond," James Doris, Viking President and CEO.