Compton Petroleum (CMZ) Seeks Buyer for All Outstanding Shares of the Company
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Compton Petroleum Corporation (NYSE: CMZ) today announced that its Board has determined to commence a process to seek a buyer for all of the outstanding common shares of the Company.
Tristone Capital Inc. and UBS Securities Canada Inc. will continue their role as financial advisors to the Company in connection with the sale process which is expected to conclude this autumn.
Compton Petroleum Corporation engages in the exploration, development, and production of natural gas, natural gas liquids, and crude oil in the Western Canada Sedimentary Basin in Canada.
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