M&A Deal Summary

Canuc Resources Acquires Midtex Oil & Gas

On March 4, 2011, Canuc Resources acquired oil/gas exploration company Midtex Oil & Gas

Acquisition Highlights
  • This is Canuc Resources’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Canuc Resources’ 1st transaction in Canada.
  • This is Canuc Resources’ 1st transaction in Ontario.

M&A Deal Summary
Date 2011-03-04
Target Midtex Oil & Gas
Sector Oil/Gas Exploration
Buyer(s) Canuc Resources
Deal Type Add-on Acquisition

Target

Midtex Oil & Gas

Ontario, Canada
Midtex Oil & Gas Corp. is a private Ontario corporation with oil and gas assets in Stephens County Texas. Midtex’s assets include a producing gas well and undeveloped acreage on 320 acres.

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Buyer(S) 1

Buyer

Canuc Resources

Toronto, Ontario, Canada
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Canuc Resources Corp. is a junior resource company based in Toronto, Canada focused on gold project developments in the America’s. The Company is actively reviewing projects for acquisition while developing cash flow by participating in low risk oil and gas leases in Texas, USA.

DEAL STATS #
Overall 1 of 1
Sector (Oil/Gas Exploration) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2011) 1 of 1
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