Current MEI:CA Stock Info

Manitok Energy Inc. (ticker: MEI) announced on July 7th, 2017 that it would undergo a strategic combination with Calgary’s Questfire Energy Corp to establish a new intermediate energy producer. In the combination, Manitok has agreed to acquire all of the outstanding shares of Questfire.

The transaction value is approximately $55.4 million, including an additional $51.8 million used to pay for Questfire’s bank and infrastructure-backed debt, as well as other Questfire obligations.

The combined companies represent over 10,600 BOEPD of produ...

Legal Notice