Vermilion Energy Acquires Westbrick Energy Ltd.

Vermilion Energy Acquires Leucrotta Exploration

May 31, 2022

Energy

Vermilion Energy Inc. completed the acquisition of Leucrotta Exploration Inc. pursuant to an arrangement agreement, acquiring all outstanding Leucrotta shares and taking a material ownership position in Coelacanth Energy Inc. The transaction secures the Mica property — ~81,000 gross Montney acres (77,000 net) — adding a multi-decade drilling inventory to Vermilion's North American portfolio and is intended to high‑grade the company's assets and maximize future free cash flow.

Citizen Energy Acquires Oil and Gas Properties of Red Bluff Resources and Bricktown Energy

April 1, 2022

Energy

Tulsa-based Citizen Energy closed the acquisition of substantially all oil and gas properties of Red Bluff Resources and Bricktown Energy, effective April 1, 2022. The deal adds ~13,000 BOEPD (56% liquids), ~200 operated wells and 739 non-op wells (an ~18% increase to Citizen's daily production) and was financed in part with $250 million of senior secured second lien notes provided by private funds managed by EIG; the company also increased its revolving credit facility to $1 billion.

Enerplus Corporation Acquires Bruin E&P HoldCo, LLC for $465M

January 25, 2021

Energy

Enerplus Corporation agreed to acquire all of the outstanding shares of Bruin E&P HoldCo, LLC for US$465 million to expand its Williston Basin position. The acquisition adds ~24,000 BOE/d of production and 151,000 net acres (including 30,000 contiguous acres), and is expected to be immediately accretive to adjusted funds flow and free cash flow while improving Enerplus' drilling inventory and scale in the Bakken/Williston Basin.

PDC Energy Acquires Great Western Petroleum, LLC

May 6, 2022

Energy

PDC Energy, Inc. completed the acquisition of privately held Great Western Petroleum, LLC, a Denver-based oil and gas producer. The deal included $543 million in cash consideration (less $50 million previously escrowed), approximately 4 million shares of PDC common stock, and PDC paid off Great Western’s secured credit facility and senior secured notes; PDC said the acquisition is accretive to its operating, ESG and financial metrics.

Surge Energy Acquires Grenadier Energy Partners II's Midland Basin Assets

January 31, 2021

Energy

Surge Energy US Holdings Company agreed to acquire leasehold interests and producing wells from Grenadier Energy Partners II LLC in Howard County, Texas, for an aggregate purchase price of approximately $420 million. The acquired Midland Basin assets average ~9,000 Boepd (roughly 75% oil) across ~18,010 net leasehold acres and include ~120 operated future drilling locations; the deal is expected to close in late Q1.

Lafarge Canada Acquires Westridge Quarries

April 27, 2023

Building Products

Lafarge Canada has acquired the operations of Westridge Quarries, adding two quarries and a sand and gravel reserve in the Okanagan Valley to expand its aggregates footprint. The deal brings roughly 70 Westridge employees into Lafarge and supports Lafarge's Strategy 2025 to grow its aggregates business in high-growth markets.