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Tenaz Energy Corp T.TNZ

Alternate Symbol(s):  ATUUF

Tenaz Energy Corp. is a Canada-based energy company focused on the acquisition and sustainable development of international oil and gas assets. The Company has domestic operations in Canada along with offshore natural gas assets in the Netherlands. The domestic operations consist of a semi-conventional oil project in the Rex Member of the Mannville Group at Leduc-Woodbend in central Alberta. The Netherlands natural gas assets are located in the Dutch sector of the North Sea. The Company also has an ownership interest in Noordgastransport B.V., which holds gas gathering and processing networks in the Dutch North Sea.


TSX:TNZ - Post by User

Post by Betteryear2on Jun 26, 2023 10:20pm
194 Views
Post# 35515552

ACQUISITION OF EUROPEAN GAS ASSETS T.TNZ

ACQUISITION OF EUROPEAN GAS ASSETS T.TNZ

/NOT FOR DISSEMINATION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW/

CALGARY, ABJune 26, 2023 /CNW/ - Tenaz Energy Corp. ("Tenaz", "Our", "We", or the "Company") (TSX: TNZ) is pleased to announce an agreement to acquire 100% of the issued and outstanding shares (the "Acquisition") of XTO Netherlands Ltd. ("XTO") from XH LLC ("XH"), a wholly owned subsidiary of ExxonMobil Corporation. Closing of the Acquisition is expected to occur in Q3 2023. Tenaz will not be issuing equity in connection with the Acquisition.

TENAZ ENERGY CORP. ANNOUNCES ACQUISITION OF EUROPEAN GAS ASSETS (newswire.ca)

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