CPPIB Helps Finance Teine Energy Acquisition
Teine Energy Ltd., a Calgary, Alberta-based company focused on acquiring and developing oil and gas properties, recently acquired Viking light oil assets in the Dodsland and Plato areas of southwest Saskatchewan from Long Run Exploration Ltd. Funding of the transaction, which was completed last December, came in part from an equity financing provided by Canada Pension Plan Investment Board (CPPIB). CPPIB has been a backer of Teine Energy's acquisitions and other initiatives since June 2010.
4 February 2013•3 mins read
