# Cygnet Energy to acquire Kiwetinohk Energy for C$1.4 billion

Cygnet Energy Ltd. entered into a definitive agreement to acquire all shares of Kiwetinohk Energy Corp. for C$24.75 per share in cash, totaling approximately C$1.4 billion including assumed debt. The acquisition is expected to close in late December 2025.

- Type: Acquisition
- Announced: 2025-10-28
- Where: Calgary, Alberta, Canada
- Value: $1.04B (1.40B CAD)
- Status: announced
- Products: oil and gas

## Companies

- [Cygnet Energy](https://endata.com/companies/88114.md) (acquirer)
- [Kiwetinohk Energy](https://endata.com/companies/88115.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/cygnet-energy-enters-into-agreement-to-acquire-kiwetinohk-energy-corp--898259010.html), 2025-10-28: "Transaction to create a scaled player in the Montney and Duvernay formations with deep inventory and differentiated market access."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.