Cygnet Energy Enters into Agreement to Acquire Kiwetinohk Energy Corp.

Cygnet Energy Enters into Agreement to Acquire Kiwetinohk Energy Corp.

Cygnet Energy Ltd., a private exploration and production company, has entered into a definitive arrangement agreement with Kiwetinohk Energy Corp. to acquire all issued and outstanding common shares for C$24.75 per share in cash.

The Acquisition consideration is approximately C$1.4 billion, including equity and net debt to be assumed, creating a combined company with greater scale and operational synergies.

The Acquisition brings together two complementary asset bases, creating a combined company with greater scale, enhanced operational synergies, and significant long-term resource potential.

Author's summary: Cygnet Energy acquires Kiwetinohk Energy Corp. for C$1.4 billion.

more

Newswire Newswire — 2025-10-28

More News