Manitok Energy completes $61.5 million asset acquisition

1 minute read
01 June 2015

On June 12, 2015, Manitok Energy Inc. (TSXV: MEI) announced that it had closed its previously announced acquisition of certain petroleum and natural gas assets in the Wayne area of southeast Alberta for a total cash consideration of $61.5 million prior to transaction costs and customary closing adjustments.

Manitok is a public oil and gas exploration and development company focused on conventional oil and gas reservoirs in southeast Alberta and the western Canadian foothills.

Gowlings advised Manitok with respect to this acquisition with a team led by Greg Peterson and Frank Sur and included Lorne Rollheiser (oil & gas) and Brian Kearl (tax).

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