Cona Resources Ltd.

News

Despite a severe discount, Pengrowth CEO Pete Sametz said the transaction is the best available alternative for the Calgary, Alberta-…

Transactions

Report Date Amount (MM) Description
2019-11-01 CA$740.00

Struggling Canadian Producer Pengrowth Agrees To Multimillion-Dollar Buyout

Struggling Canadian Producer Pengrowth Agrees To Multimillion-Dollar Buyout

About

Cona is a Calgary, Alberta-based Canadian crude oil production and development company focused on maximizing recovery from its low decline, high free cash flow oil resource base. Cona's operations, infrastructure and concentrated land position are focused in southwest Saskatchewan. The company is a portfolio company of Waterous Energy Fund.

Editor's note: Updated Nov. 1, 2019.

1900, 421 – 7 Avenue SW
Calgary AB T2P 4K9
Canada

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