Vitesse Energy to buy Lucero Energy in all-stock deal valued at $222M (NYSE:VTS)


Vitesse Energy to buy Lucero Energy in all-stock deal valued at 2M (NYSE:VTS)

SteveOehlenschlager/iStock via Getty Images

Vitesse Energy (NYSE:VTS) said Monday it agreed to acquire Bakken shale producer Lucero Energy (OTCQB:PSHIF) in an all-stock deal with a fully diluted equity value of US$222M.

Under the deal terms, Lucero (OTCQB:PSHIF) shareholders will receive 0.01239 of a



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