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New Stratus Energy Announces Proposed Acquisition and Private Placement Offering of Subscription Receipts

New Stratus Energy Announces Proposed Acquisition and Private Placement Offering ...

articleNew Stratus Energy IncMay 31, 20185/company/new-stratus-energy-inc/news/new-stratus-energy-announces-proposed-acquisition-and-private-placement-offering-of-subscription-receipts
New Stratus Energy Announces Proposed Acquisition and Private Placement Offering of Subscription Receipts

About this update from New Stratus Energy Inc

[{"type":"text","content":"New Stratus Energy Announces Proposed Acquisition and Private Placement Offering of Subscription Receipts \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t New Stratus Energy Announces Proposed Acquisition and Private Placement Offering of Subscription Receipts\n NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION BY ANY UNITED STATES NEWS DISTRIBUTION SERVICE\n Calgary, Alberta (FSCwire) - New Stratus Energy Inc. (TSX.V - NSE) (“New Stratus” or the “Corporation”) is pleased to announce that it has entered into a binding letter of intent (the “LOI”) to acquire Vetra Energia, S.L. (“Vetra”) for a base purchase price of US$88.5 million (the “Transaction”). Vetra holds various interests in certain producing and non-producing oil and gas properties located in Colombia.  Closing of the Transaction expected to occur on or before July 31, 2018.\n\n \n\nIn connection with the Transaction, New Stratus inten...

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