Lawson Lundell LLP 10
Purchaser Target Equity
Value
Announced Features of Note
Upstream
Domestic Small Cap
Alberta Oilsands Marquee $36M August 19,
2016
Dissident shareholder objected
Maple
Investment
Journey $34M September 19,
2016
Exempt take-over bid
Reignwood Twin Butte $32M June 24,
2016
Defeated by debenture holders
One Stone Yoho $29M July 19,
2016
Purchaser was a private equity fund.
IPC BlackPearl $28M October 10,
2018
Purchaser was an insider of Target
Anderson InPlay $25M September 19,
2016
Go-public for Purchaser
Prairie Provident Marquee $16M September 13,
2018
Shareholders attempted to block the
transaction
Eagle Maple Leaf $8M January 27,
2016
Purchaser is now in restructuring
Manitok Craft $7M May 1,
2017
Purchase consideration determined by
complex formula
Kaisen Hawk $4M June 1,
2016
Purchaser was controlled by a private
equity fund
Clearview Bashaw Not disclosed March 28,
2018
Target was a widely-held private
International
Exxon InterOil $2.2B July 21,
2016
Shareholders attempted to block the
transaction.
Delek Ithaca $669M
February 6,
2017
Completed pursuant to AIM rules
Crest WesternZagros $220M May 12,
2017
Purchaser owned approximately 20% of
Target
Gran Tierra Petroamerica $145M
January 13,
2016
Targets assets in Colombia
Front Range Arrow $94M June 4,
2018
Reverse takeover of Front Range
Midwestern Mart $90M
March 24,
2016
Two purchasers paid the purchase price
Petrolia Bow Energy $17M October 25,
2017
Target's assets in Indonesia
Condor
Petroleum
Marsa $7M
March 24,
2016
Target's assets in Turkey
