Scandoil  

ORLEN Upstream and Kicking Horse Energy complete arrangement


Published Dec 2, 2015
ORLEN Upstream Canada Ltd

ORLEN Upstream Canada Ltd., a wholly owned subsidiary of PKN ORLEN S.A, and Kicking Horse Energy Inc. has completed ORLEN Upstream Canada's acquisition of all of the outstanding common shares (the "Kicking Horse Shares") of Kicking Horse pursuant to an arrangement under the Business Corporations Act (Alberta) (the "Arrangement").

It is expected that the Kicking Horse Shares will be de-listed from the TSX Venture Exchange effective at the close of business on December 1, 2015.

As a result of the Arrangement, Kicking Horse is a wholly-owned subsidiary of ORLEN Upstream Canada and the management and operation of Kicking Horse's asset base will be integrated with ORLEN Upstream Canada's existing Canadian operations headquartered in Calgary.

Tags: Kicking Horse Energy Inc., PKN ORLEN




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml