Tuesday, January 7, 2025
EnerCom Inc. Oil & Gas 360

Manitok Energy Closes Cardium Acquisition, Increases Production 37%

Manitok acquires 1.8 MBOEPD of producing assets Calgary-based Manitok Energy (ticker: MEI) announced today that the company closed its previously announced acquisition of certain assets of a private Alberta-based oil and gas company. Manitok believes the assets will produce an average of approximately 1,750 BOEPD (34% light oil and NGLs) in November, and are comprised of mature Cardium light oil