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  6. Cycle Energy Industries Acquires Energy Express Canada

M&A Deal Summary

Cycle Energy Industries Acquires Energy Express Canada

On August 25, 2020, Cycle Energy Industries acquired oil/gas exploration company Energy Express Canada

Acquisition Highlights
  • This is Cycle Energy Industries’ 1st transaction in the Oil/Gas Exploration sector.
  • This is Cycle Energy Industries’ 1st transaction in Canada.
  • This is Cycle Energy Industries’ 1st transaction in Alberta.

M&A Deal Summary
Date 2020-08-25
Target Energy Express Canada
Sector Oil/Gas Exploration
Buyer(s) Cycle Energy Industries
Deal Type Add-on Acquisition

Target

Energy Express Canada

Edmonton, Alberta, Canada
Energy Express Canada Corp. is a junior oil and gas company, it can produce approximately 100-150 barrels of oil per day using traditional recovery methods. Energy Express Canada is based in Alberta, Canada.

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Buyer(S) 1

Buyer

Cycle Energy Industries

Alberta, Canada
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Cycle Energy Industries, Inc. is an energy provider that operates three vertically integrated business units in the WCSB (Western Canadian Sedimentary Basin)

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1
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