- Surge Energy (ZPTAF) agrees to acquire Longview Oil (LGVWF) in a share exchange that values Longview shares at C$5.99 each.
- Surge is offering 0.975 of a share for each Longview share in the friendly deal, which the companies value at ~C$429M.
- Surge says the proposed transaction is accretive on all metrics, and adds concentrated reserves, production, land and operations that are contiguous with its existing core areas.
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