Pacific Rubiales Energy Completes Buy of C&C Energia
Pacific Rubiales Energy Corp., a Canadian producer of natural gas and heavy crude oil, closed its acquisition of C&C Energia Ltd. The deal, which Reuters has estimated to be valued at approximately C$500 million, and will enhance Pacific Rubiales' presence in Columbia-based energy exploration and development. C&C Energia previously received backing from private equity firms, including ARC Financial Corp. and 32 Degrees Capital.
8 January 2013•3 mins read
