One-Page Deal Sheet
Creditors Take Over Canadian E&P Lightstream
Ridgeback Resources Lightstream Resources Ltd.
Announced Date
December 08,2016
Close Date
December 29,2016
Transaction Type
Corporate
Asset/Basin:
{Bakken,Cardium}
TargetZones:
{Bakken,Cardium}
Transaction Details: Subscribe to see
Closing Announcement - December 30, 2016
Lightstream Resources has closed the sale of substantially all of the assets and business of the Company to Ridgeback Resources Inc.
Initial Announcement - December 8, 2016Lightstream Resources announces that the Court of Queen's Bench of Alberta has granted an approval for the previously announced purchase and sale of substantially all of the assets and business of Lightstream for the full amount of the claims outstanding in respect of the Company's 9.875% second lien secured notes due 2019 and debt in priority to the Secured Notes. The Sale…
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|---|---|---|---|---|---|
| Nov-06-2024 |
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