CALGARY, June 24 /CNW/ - Total E&P Canada Ltd. ("Total Canada"), a
wholly-owned subsidiary of Total S.A., announces that it has received the
approval from the Minister responsible for the Investment Canada Act in
connection with Total Canada's offer for all of the issued and outstanding
common class "A" voting shares (the "Common Shares") of Synenco Energy Inc.
The previously announced offer by Total Canada to acquire the Common
Shares for $9.00 in cash for each Common Share is open for acceptance until
7:00 p.m. (Calgary time) on July 3, 2008.
The board of directors of Synenco has determined that the offer by Total
Canada is fair to Synenco shareholders and recommends that holders of Common
Shares accept the offer.
For further information:
For further information: Cory Cavers, Phone: (403) 571-3246,