Savanna Energy

Savanna Energy increases acquisition purchase price from Western Energy

Energy Financial

Savanna Energy reiterates rejection of offer from Total Energy Savanna Energy Services Corp. announced that Western Energy Services Corp. has increased the consideration payable pursuant to its previously announced acquisition of common shares of Savanna, according to a press release. It now includes the payment of $0.21 in cash per Savanna Share in addition to the […]

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Calgary-based Western Energy Services acquiring Savanna Energy

Canada

Western is highly experienced in operating a large scale contract drilling and well servicing company Western Energy Services Corp. is acquiring fellow Alberta services firm Savanna Energy Services Corp.on the basis of 0.85 of a common share of Western for each outstanding Savanna share, the companies announced Wednesday. “This transaction, which has received the unanimous

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