Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF) announced that its planned acquisition of Challenger has met key conditions, including ANCAP consent and no objection from Chevron. The deal now awaits final TSXV approval.
A Court Sanction Hearing, delayed after ANCAP approval came later than expected, has been rescheduled for December 12. If sanctioned and remaining conditions are met or waived, the scheme is expected to take effect on December 16.