The transaction provides shareholders of Striker with a larger, more diversified and better capitalized combined entity that has an established production base from the Gear assets, which will provide stable cash flow in an improved commodity price environment to continue to delineate and develop Striker’s emerging Belly River play. The transaction is subject to the customary court and regulatory approvals along with the approval of both the Striker and Gear shareholders. That said, directors an ....
08 Jun 2016
Striker Exploration Corp. Announces Business Combination With Gear Energy Ltd.
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Striker Exploration Corp. Announces Business Combination With Gear Energy Ltd.
The transaction provides shareholders of Striker with a larger, more diversified and better capitalized combined entity that has an established production base from the Gear assets, which will provide stable cash flow in an improved commodity price environment to continue to delineate and develop Striker’s emerging Belly River play. The transaction is subject to the customary court and regulatory approvals along with the approval of both the Striker and Gear shareholders. That said, directors an ....