Fundz
Real-time · AI · Cross-signal

Discover the power of real-time signals plus AI

Every M&A move, funding round, exec hire, and contract on Certain crude oil and natural gas assets — with verified, ICP-scored contact reveals (email + mobile) on demand.

Trusted by founders, sales teams, recruiters, and investors at firms like BlackRock, Oracle, Kleiner Perkins, and HubSpot.

See plansBook a 15-min walkthrough
Watch the 2-minute tour · with sound

Logan Energy acquires Simonette assets for $66.3M

RECENTLY ACQUIREDMay 12, 20267 days ago

Acquiring Company

Certain crude oil and natural gas assets

Acquired Company

Certain crude oil and natural gas assets

CalgaryCalgaryEnergyOil And GasEnergyOil And Gas

Description

Logan Energy Corp. has finalized the acquisition of certain crude oil and natural gas assets in the Simonette area for $66.3 million. This strategic move consolidates the company's working interest to 100% and enhances its operational footprint in the Montney region. Funding for the acquisition was secured through equity financings totaling $70 million. This acquisition highlights Logan's commitment to expanding its resource base and operational capabilities.

Company Information

Company

Certain crude oil and natural gas assets

Location

Calgary, Alberta, Canada

About

These assets include oil and gas lands primarily focused on Montney oil production. The acquisition expands Logan's working interest to fully control the resources. The assets also encompass additional lands designed to enhance energy production capabilities. The deal represents a strategic consolidation in the region.

Predictive Intelligence
Strategic

ML-powered predictions for Certain crude oil and natural gas assets's next move

Learn about Strategic plan

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed