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Waterous Energy Fund Closes Its Fourth Equity Capital Raise, Acquires Caltex Resources Ltd. And The Tucker Thermal Oil Property, And Amalgamates Caltex And Tucker With Strathcona Resources Ltd.

PRIVATEMar 14, 2022

Acquiring Company

Waterous Energy Fund

Acquired Company

Caltex Resources Ltd

CalgaryEnergySustainabilityOil And GasFinancial Services

Description

Waterous Energy Fund (“WEF”) today announced the closing of the amalgamation of Strathcona Resources Ltd. (“Strathcona”), Caltex Resources Ltd. (“Caltex”), and the Tucker thermal oil property (“Tucker”). The amalgamated entity will continue in business as Strathcona Resources Ltd. and will remain 100% owned by WEF and Strathcona employees.

Quick answer

Waterous Energy Fund is acquiring Caltex Resources Ltd and Tucker Thermal Oil Property, announced March 14, 2022. Waterous Energy Fund is based in Calgary, Alberta, Canada.

How much did Waterous Energy Fund pay for Caltex Resources Ltd?
The deal value was not disclosed.
What does Waterous Energy Fund do?
Waterous Energy Fund is a Calgary-based energy investment firm with offices in Houston and New York.
Where are Waterous Energy Fund and Caltex Resources Ltd based?
Waterous Energy Fund is based in Calgary, Alberta, Canada.

Source: Fundz verified event record.

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Company Information

Company

Waterous Energy Fund

Location

Calgary, Alberta, Canada

About

Waterous Energy Fund is a Calgary-based energy investment firm with offices in Houston and New York. Founded in 2017, the firm is pursuing investments in the North American energy sector. For additional information, see www.waterous.com

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Frequently asked

Who acquired Caltex Resources Ltd?

Caltex Resources Ltd was acquired by Waterous Energy Fund, based in Calgary. The deal was reported on March 14, 2022. Waterous Energy Fund is a Calgary-based energy investment firm with offices in Houston and New York. Founded in 2017, the firm is pursuing investments in the North American energy sector. Waterous Energy Fund is privately held and operates in Energy.

When did Waterous Energy Fund acquire Caltex Resources Ltd?

Waterous Energy Fund's acquisition of Caltex Resources Ltd was reported on March 14, 2022. Waterous Energy Fund (“WEF”) today announced the closing of the amalgamation of Strathcona Resources Ltd. (“Strathcona”), Caltex Resources Ltd. (“Caltex”), and the Tucker thermal oil property (“Tucker”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Caltex Resources Ltd do?

Caltex Resources Ltd is the company acquired in this transaction. It is privately held.

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