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Pipestone Energy Corp. Enters into Agreement to be Acquired by Strathcona Resources Ltd. in an All-Share Transaction, Creating a New Public Canadian Oil & Gas Champion
Pipestone Energy Corp. Enters into Agreement to be Acquired by Strathcona Resources Ltd. in an Al...
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[{"type":"text","content":"\n \n \n \n Pipestone Energy Corp. Enters into Agreement to be Acquired by Strathcona Resources Ltd. in an All-Share Transaction, Creating a New Public Canadian Oil & Gas Champion\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen6{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnbsbls{\nBORDER-LEFT:black 0.5pt solid\n}\n.prncbts{\nBORDER-TOP:black 0.5pt solid\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnvam{\nVERTICAL-ALIGN: MIDDLE\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnbrbrs{\nBORDER-RIGHT:black 0.5pt solid\n}\n \n \n \n \n \n Pipestone Energy Corp. Enters into Agreement to be Acquired by Strathcona Resources Ltd. in an All-Share Transaction, Creating a New Public Canadian Oil & Gas Champion\n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY\n \n , AB\n \n ,\n \n \n Aug. 1, 2023\n \n \n /CNW/ - Strathcona Resources Ltd. (\n \n \"Strathcona\"\n \n ) and Pipestone Energy Corp. (TSX: PIPE) (\n \n \"Pipestone\"\n \n ) are pleased to announce that they have entered into a definitive agreement (the \"\n \n Arrangement Agreement\n \n \"), pursuant to which\n \n Strathcona\n \n will acquire all of the issued and outstanding common shares of Pipestone for 100% share consideration (the\n \n \"Transaction\"\n \n ). Upon closing of the Transaction,\n \n S...