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Greenfire Resources acquires Connacher Oil for C$1.277B

PUBLIC · GFRJul 13, 2026

Acquiring Company

Greenfire Resources Ltd

Acquired Company

Connacher Oil and Gas Limited

CalgaryCanadaEnergyOil And GasRenewable EnergyBiomass EnergyEnergyOil And Gas

Description

Greenfire Resources Ltd. has announced its acquisition of Connacher Oil and Gas Limited for approximately C$1.277 billion in cash. The acquisition will enhance Greenfire's production capacity and asset base in the oil sands sector. The transaction is expected to close in August 2026, subject to customary conditions. This move is part of Greenfire's strategy to increase efficiency and production levels.

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Company Information

Company

Greenfire Resources Ltd

Location

Calgary, Alberta, Canada

About

Greenfire Resources Ltd. is a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada. The company has been evaluating strategic alternatives and engaged TD Securities to assist in the process.

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Frequently asked

Who acquired Connacher Oil and Gas Limited?

Connacher Oil and Gas Limited was acquired by Greenfire Resources Ltd, based in Calgary. The deal was reported on July 13, 2026. Greenfire Resources Ltd. is a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada. Greenfire Resources Ltd is publicly traded (GFR) and operates in Energy.

When did Greenfire Resources Ltd acquire Connacher Oil and Gas Limited?

Greenfire Resources Ltd's acquisition of Connacher Oil and Gas Limited was reported on July 13, 2026. Greenfire Resources Ltd. has announced its acquisition of Connacher Oil and Gas Limited for approximately C$1.277 billion in cash. The acquisition will enhance Greenfire's production capacity and asset base in the oil sands sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Connacher Oil and Gas Limited do?

Connacher Oil and Gas Limited is a private thermal oil sands company based in Canada. It operates the Great Divide oil sands project, focusing on thermal oil extraction technologies. It is privately held, operating in Energy, and is based in Canada.

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