BKBEF / Strathcona Resources Acquiring Pipestone Energy, Creating A Possible Top-5 Canadian Oil Producer

GMT Capital, the second-largest shareholder in oil company Pipestone Energy , said on Friday it intends to vote against an all-stock deal proposed by more_horizontal

Bison intends to vote against Pipestone Energy's reverse merger with Strathcona, believing it undervalues Pipestone and that a higher offer may emerge more_horizontal

Pipestone Energy has reached an agreement to be acquired by Strathcona Resources, a serial acquirer and one of the largest private-equity owned E&P co more_horizontal

Canadian oil producer Strathcona Resources said on Tuesday it will buy Pipestone Energy Corp in an all-stock deal that will value the combined company more_horizontal

Pipestone produces natural gas and condensate in Canada. While the natural gas price is low, the condensate is trading at a premium to WTI due to the more_horizontal

Pipestone Energy produces natural gas and condensate, which is used as a diluent for heavy oil. The share count increased as preferred shares were con more_horizontal

Pipestone has proven to be a diligent operator and is positioned along the most attractive liquids-rich area of the Montney region. Pipestone is on tr more_horizontal

Pipestone Energy Corp. (BKBEF) CEO Paul Wanklyn on Q4 2021 Results - Earnings Call Transcript more_horizontal