Greenfire Resources to buy Connacher for $1.27-billion
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Article Excerpt
Greenfire Resources to buy Connacher for $1.27-billion
REUTERS
PUBLISHED 2 HOURS AGO
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Greenfire Resources GFR-T said on Monday that it has agreed to acquire privately held Connacher Oil and Gas Limited CLLZF for around $1.27-billion in cash.
On a combined basis, Greenfire’s 2026 production is expected to rise to about 34,000 barrels per day, with combined reserves of 850 million barrels, with a long-term plan to increase production to about 65,000 barrels p…
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