• Greenfire Resources completed the acquisition of Connacher Oil and Gas on Aug. 5, 2026.
• Deal value totaled USD 1.3 billion in cash, including closing adjustments tied to assumed net working capital surplus.
• Funding included a new USD 575 million non-revolving equity bridge facility, alongside amended revolving credit facilities totaling USD 1 billion.
• A rights offering is underway for about USD 775 million; proceeds are slated to repay the bridge facility, then reduce revolving borrowings.
• Management lifted the 2026 capital budget to USD 250 million; current production including Connacher is about 34,000 bbl/d.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenfire Resources Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-090296), on August 14, 2026, and is solely responsible for the information contained therein.