US EditionCygnet Energy signs agreement to buy Kiwetinohk Energy
The $1.4 billion acquisition will create a top operator with over 44,000 barrels per day in Alberta's key Montney and Duvernay shale regions.
- Privately held Cygnet Energy will acquire Kiwetinohk Energy in an all-cash deal valued at $1.4 billion , including debt.
- The deal combines complementary assets in the Simonette and Placid areas of Alberta, giving the merged company more than 44,000 barrels of oil equivalent per day of liquids-weighted production.
- Funding for the acquisition will be provided by investment funds of existing Cygnet shareholder NGP Energy Capital Management and global investment firm Carlyle, who will join as a new investment partner in Cygnet.
20 Articles
20 Articles
Winnipeg Free Press
Cygnet Energy signs agreement to buy Kiwetinohk Energy
Breaking News, Sports, Manitoba, Canada
Cygnet’s $1.4 B Oil Patch Power Play – Kiwetinohk Shareholders Score Big Premium in Alberta Energy Deal
Deal Overview & Terms In a significant shake-up for the Canadian oil and gas sector, Cygnet Energy – a privately held exploration and production company – has agreed to buy publicly traded Kiwetinohk Energy Corp. in an all-cash acquisition. Announced on October 28, 2025, the definitive arrangement agreement will see Cygnet pay C$24.75 per share for all Kiwetinohk common shares reuters.com reuters.com. This values the transaction at approximately…
Kiwetinohk Energy To Be Acquired For 10% Premium By Cygnet Energy
Kiwetinohk Energy (TSX: KEC) is set to go private as the latest major transaction within the Canadian oil and gas sector. The company this morning indicated that it has entered into an arrangement with private operator Cygnet Energy to be acquired under an all-cash arrangement. Cygnet is set to acquire the company for cash consideration […]
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