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ORLEN Upstream Canada

Address Suite 400, 850 - 2nd Street SW, Calgary, AB, T2P 0R8, CA
Tel 403-265-4115
Fax 403-232-8463
Website orlenupstream.ca

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ORLEN Upstream Canada Ltd to Acquire Kicking Horse Energy Inc

ORLEN Upstream Canada Ltd., a wholly owned subsidiary of PKN ORLEN S.A., and Kicking Horse Energy Inc. recently announced that they have entered into a definitive agreement pursuant to which ORLEN Upstream Canada will acquire all of the outstanding common shares of Kicking Horse for C$4.75 per share in cash. The transaction is to be completed by way of a plan of arrangement under the Business Corporations Act (Alberta).