Savanna

Savanna Energy board of directors resigns amid Total takeover

All the directors of Savanna, with the exception of Allen Brooks, resigned Savanna Energy Services Corp. and Total Energy Services Inc. announced the current board of directors of Savanna have all resigned save one, according to a press release. Chris Strong also announced he has resigned as president and CEO of Savanna. The new Savanna board will […]

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Total Energy acquires majority of Savanna shares in hostile takeover bid

Total Offer is scheduled to expire at 12:00 PM (Pacific time) on April 7, 2017 Total Energy Services Inc. says that on March 24, 2017 it acquired a majority of the outstanding common shares of Savanna Energy Services Corp., according to a company press release. The process for Total Energy to acquire additional common shares of

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Savanna Energy acquisition turns hostile as Total buys outstanding shares

Savanna Energy calls Total’s offer “inferior” to Western’s Total Energy Services Inc. announced in connection with its previously announced offer to purchase all of the issued and outstanding common shares of Savanna Energy Services Corp., it has purchased through the TSX, 35,000 Savanna Shares. All of the shares were purchased on March 16, 2017, according

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