CALGARY - Greenfire Resources Ltd. has reached a deal to buy privately held heavy oil producer Connacher Oil and Gas Ltd. for $1.28 billion in cash.
CALGARY - Greenfire Resources Ltd. has reached a deal to buy privately held heavy oil producer Connacher Oil and Gas Ltd. for $1.28 billion in cash.
Connacher’s Great Divide oilsands operations are directly beside Greenfire’s steam-driven Hangingstone property southwest of Fort McMurray, Alta.
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