Announced
Financials
Tags
Private
Friendly
Single Bidder
oil and gas
Integrated Oil and Gas
Acquisition
Majority
Canada
Domestic
Pending
energy
Synopsis
Tourmaline Oil, a Canadian energy company engaged in the exploration, development, and extraction of crude oil and natural gas, agreed to acquire Bonavista Energy, an intermediate, dividend-paying Canadian oil and natural gas producer, for $1.06bn. Bonavista is the ninth largest natural gas liquids weighted producer in Western Canada and has assets in the Deep Basin which straddles the provinces of Alberta and British Columbia.
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