Salem Radio Network News Saturday, June 12, 2021

Business

Tourmaline Oil to buy Black Swan Energy for C$1.1 billion

(Reuters) – Canadian oil and gas producer Tourmaline Oil Corp said on Friday it would buy privately owned Black Swan Energy Ltd for about C$1.1 billion ($908.79 million).

($1 = 1.2104 Canadian dollars)

(Reporting by Rithika Krishna in Bengaluru; Editing by Vinay Dwivedi)

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