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Cancen Oil to Acquire Disposal Well and Related Equipment from Dawn Energy for $0.15m
GlobalData, Nov 2011, Pages: 5
Cancen Oil to Acquire Disposal Well and Related Equipment from Dawn Energy for $0.15m - Deal Analysis From GlobalData
Summary
Cancen Oil Canada Inc. (Cancen Oil), an oilfield waste management and processing company and previously known as Ravenstar Ventures Inc. (Ravenstar), entered into an agreement to acquire a disposal well and related equipment and buildings for the operation of the well located near Stoughton, Saskatchewan, from Dawn Energy Inc. (Dawn Energy), for a purchase consideration of CAD0.15m ($0.15m). The completion of the transaction is subject to receipt of all necessary regulatory approvals, including approval from TSX Venture Exchange.
Scope
- Rationale behind Cancen Oil acquiring assets from Dawn Energy,
- Strategic benefits for the companies involved,
- Geography covered -Canada
Reasons to buy
- Develop a sound understanding of the major M&A's, Partnerships, and Joint Ventures taking place in North American industry,
- Identify the most lucrative segments to leverage on the growth oppurtunities available in the Canada's oil & gas market,
- Get a detailed analysis of a deal to enable you to take better decisions.
Keywords
Cancen, oilfield waste management, waste management, Ravenstar, disposal well, Stoughton, Saskatchewan, Dawn Energy
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