Saturn Oil & Gas completes subsidiary merger to optimise investments
Canadian group Saturn Oil & Gas has consolidated its subsidiaries into a single structure to optimise oil investments and reduce long-term administrative costs.
| Countries | Canada |
|---|---|
| Sector | Pétrole |
| Theme | Investissements & Transactions |
Canadian oil producer Saturn Oil & Gas Inc. announced it has completed a vertical merger with its wholly owned subsidiaries, 1777241 Alberta Ltd. (formerly CapitalEnergy Corporation) and Clearview Resources Ltd. The merger, effective since January 1, consolidates all assets and operations under a single legal entity.
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