Brief: Logan Energy To Buy Simonette Assets For $62.5 Million

Logan Energy

19/02/2026 21:45

Feb 19 (Reuters) - Logan Energy Corp LGN.V:

LOGAN ENERGY CORP. ANNOUNCES STRATEGIC MONTNEY ASSET ACQUISITION, $50.0 MILLION IN EQUITY OFFERINGS, EXPANDED CREDIT FACILITIES AND PRO FORMA GUIDANCE FOR 2026

LOGAN ENERGY CORP - TO BUY SIMONETTE ASSETS FOR $62.5 MILLION

LOGAN ENERGY CORP - ANNOUNCE CONCURRENT BOUGHT DEAL EQUITY FINANCINGS FOR AGGREGATE GROSS PROCEEDS OF $50.0 MILLION

LOGAN ENERGY CORP - EXPANDS CREDIT FACILITIES TO $250 MILLION

LOGAN ENERGY CORP - INCREASES 2026 AVERAGE PRODUCTION GUIDANCE TO 16,000-17,000 BOE/D

LOGAN ENERGY: UPDATED GUIDANCE 2026 TO REFLECT ACQUISITION & EQUITY OFFERINGS, INCLUDING EXPANDED BUDGET FOR CAPEX BEFORE A&D OF $175-185MLN

Source text: ID:nGNX248Xhm

Further company coverage: LGN.V

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