Spartan Energy Corp. has completed its previously announced strategic southeast Saskatchewan light oil acquisition, an additional asset acquisition in the Midale play in southeast Saskatchewan and the listing of its common shares on the Toronto Stock Exchange (TSX).
Completion of Previously Announced Strategic Asset Acquisition
Spartan has completed the previously announced asset acquisition for gross consideration of $98 million. The assets acquired consolidate our existing core area in southeast Saskatchewan and consist of operated, low decline crude oil production with the following characteristics:
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Spartan Energy Corp.
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