Estrella Reaches Final Agreement to Complete the Acquisition of 100% of Petroland and Zigma
Investing News Network - September 6th, 2011
Estrella International Energy Services Ltd. (CVE:EEN) reports that it has reached final agreement to acquire 100% of the issued and outstanding shares of each Petroland SAS, and Zigma Colombia Petroleum Services S.A.
Estrella International Energy Services Ltd. (TSXV:EEN) reports that it has reached final agreement to acquire 100% of the issued and outstanding shares of each Petroland SAS, and Zigma Colombia Petroleum Services S.A.
The press release is quoted as saying:
Each of Petroland and Zigma are oil and gas services companies based in Colombia. As a result of this acquisition Estrella will continue to consolidate its position as one of the leading oil and gas service companies in Colombia.
