CALGARY AND LONDON, Nov. 8, 2010 (Canada NewsWire via COMTEX News Network) --
Stratic Energy Corporation (TSX Venture: 'SE', AIM: 'SE.') ("Stratic" or the "Company") announces closing of the previously announced plan of arrangement (the "Arrangement") with EnQuest PLC (LSE: ENQ and NASDAQ OMX Stockholm: ENQ) ("EnQuest") under the Business Corporations Act (Yukon), which was completed and became effective after close of markets on Friday, November 5 and resulted in EnQuest acquiring all of the issued and outstanding Stratic shares in exchange for ordinary shares of EnQuest on the basis of 0.089626 of an EnQuest share for each Stratic share.
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Source: Stockhouse
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