Greenfire Resources Announces Change of Control Offer to Purchase 12.000% Senior Secured Notes due 2028
- Calgary, Alberta--(Newsfile Corp. - December 27, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Issuer") today announced that it has commenced a change of control offer (the "Change of Control Offer") relating to its outstanding 12.000% Senior Secured Notes due 2028 (CUSIP Nos.
- 12/27/2024
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Greenfire Resources Announces Reconstitution of the Company's Board of Directors, Acquisition of Additional Greenfire Securities by WEF and Continuation of the Strategic Review
- Calgary, Alberta--(Newsfile Corp. - December 23, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), today announced a reconstitution of Greenfire's Board of Directors (the “Board”), the termination of the amended and restated Shareholder Rights Plan dated December 7, 2024 (the “Second Rights Plan”) and the acquisition of additional Greenfire Securities by Waterous Energy Fund (“WEF”).
- 12/23/2024
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Greenfire Resources Announces New Director Appointment
- The Company Also Announces Date of Annual and Special Meeting of Shareholders Calgary, Alberta--(Newsfile Corp. - December 9, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, today announces the appointment of Tom Ebbern to Greenfire's Board of Directors (the "Board").
- 12/09/2024
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Greenfire Resources Announces Updated Reserves, 72% Increase in 2P Reserves with a $2.7 Billion NPV10 AT and an Evaluation that Incorporates the Company's Future Growth Plans at the Hangingstone Facilities
- Calgary, Alberta--(Newsfile Corp. - December 5, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce a summary of the results from the Company's updated independent reserves evaluation, which includes a 72% increase in Total Proved and Probable ("2P") reserves with a net present value after-tax ("NPV10 AT") of $2.7 billion, or $32.89 per diluted share net of debt.
- 12/05/2024
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Greenfire Acknowledges Receipt of WEF Letter Seeking Control of the Company Without Offering a Premium to Shareholders
- Calgary, Alberta--(Newsfile Corp. - November 20, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, today confirmed it has received a letter (the "WEF Letter") from Waterous Energy Fund III (Canadian) LP, Waterous Energy Fund III (US) LP, Waterous Energy Fund III (International) LP, Waterous Energy Fund III (Canadian FI) LP and Waterous Energy Fund III (International FI) LP (collectively, "WEF"), which recently announced the acquisition of approximately 43.3% of Greenfire's issued and outstanding shares, in which WEF called for the resignation of all current Greenfire directors to be replaced by its handpicked nominees, an effort Greenfire believes is an attempt to secure control of the Company without making an offer to all shareholders.
- 11/20/2024
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Greenfire Resources Announces Q3 2024 Results and Operational Update
- Calgary, Alberta--(Newsfile Corp. - November 14, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce its operating and financial results for the quarter ended September 30, 2024 ("Q3 2024").
- 11/14/2024
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Greenfire Announces Deferred Consideration of the New Shareholder Rights Plan by the Toronto Stock Exchange; Plan Remains in Effect
- Calgary, Alberta--(Newsfile Corp. - November 11, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada announces that it has filed the new Greenfire shareholder protection rights plan agreement dated November 2024 (the "New Rights Plan") with the Toronto Stock Exchange (the "TSX") and that it has been notified by the TSX that the TSX will defer consideration of the acceptance of the New Rights Plan until such time as the TSX is satisfied that the appropriate securities commission will not intervene pursuant to National Policy 62-202 - Take-Over Bids - Defensive Tactics.
- 11/11/2024
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Waterous Energy Fund Closes Acquisition of 43.3% of the Shares of Greenfire Resources Ltd.
- CALGARY, AB , Nov. 11, 2024 /PRNewswire/ - Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships comprised of Waterous Energy Fund III (Canadian) LP, Waterous Energy Fund III (US) LP, Waterous Energy Fund III (International) LP, Waterous Energy Fund III (Canadian FI) LP and Waterous Energy Fund III (International FI) LP (collectively, "WEF"), announces that it has closed its previously announced acquisition of an aggregate of 29,988,854 common shares (the "Purchased Shares") of Greenfire Resources Ltd. ("Greenfire") (TSX and NYSE: GFR) (the "Transaction").
- 11/11/2024
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Greenfire Resources Ltd. Files Injunction Following Cease Trade of Rights Plan; Proceeds with Strategic Review and Adopts New Shareholder Rights Plan
- Calgary, Alberta--(Newsfile Corp. - November 6, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada has filed an application with the Court of King's Bench of Alberta seeking an interim injunction to halt the sale of shares to certain limited partnerships managed by Waterous Energy Fund Management ("WEF"), from each of Allard Services Limited (a corporation controlled by Julian McIntyre, the former Chair and a director of the Company), Annapurna Limited (a corporation controlled by Venkat Siva, a former director of the Company), and Modro Holdings LLC (collectively, the "Selling Shareholders").
- 11/06/2024
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Greenfire Resources Provides Update on Strategic Review Process, Reserves Report Timeline and Announces Date for Q3 2024 Results and Conference Call
- Calgary, Alberta--(Newsfile Corp. - November 4, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, today provides an update on its strategic review process and timeline for the updated reserves evaluation.
- 11/04/2024
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Greenfire Resources Announces Future Growth Plans, Including Projects Under Development to Increase Net Facility Production Capacity by 74%, Representing Significant Potential Value for Shareholders
- Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce the Company's future growth plans, which represent significant potential value for shareholders.
- 10/07/2024
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Greenfire Announces Date for Rights Plan Hearing with the Alberta Securities Commission and Resignation of Two Directors
- Calgary, Alberta--(Newsfile Corp. - September 30, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada announces that the Alberta Securities Commission ("ASC") has set November 5, 2024 as the date for the hearing in respect of the application made by certain limited partnerships managed by Waterous Energy Fund Management Corp. (collectively, "WEF") and parties that it has entered into share purchase agreements with, namely Allard Services Limited ("Allard"), a corporation controlled by former director and Greenfire Board Chair Julian McIntyre, and Annapurna Limited ("Annapurna"), a corporation controlled by former Greenfire director Venkat Siva, and Modro Holdings LLC (together with Allard and Annapurna, the "Selling Shareholders") requesting that the ASC, among other things, cease trade the Company's shareholder protection rights plan agreement (the "Rights Plan").
- 09/30/2024
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Greenfire to Oppose Challenge to Shareholder Rights Plan in Order to Protect All Shareholders
- Calgary, Alberta--(Newsfile Corp. - September 27, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada advises that an application has been made by certain limited partnerships managed by Waterous Energy Fund Management Corp. (collectively, "WEF") together with Allard Services Limited ("Allard"), a corporation controlled by Julian McIntyre, a director of Greenfire, and Annapurna Limited ("Annapurna"), a corporation controlled by Venkat Siva, a director of Greenfire and Modro Holdings LLC ("Modro" together with Allard and Annapurna, the "Selling Shareholders") to the Alberta Securities Commission (the "ASC") requesting that the ASC, among other things, cease trade the Company's shareholder protection rights plan agreement (the "Rights Plan").
- 09/27/2024
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Greenfire Announces Deferred Consideration of the Shareholder Rights Plan by the Toronto Stock Exchange
- Calgary, Alberta--(Newsfile Corp. - September 20, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada announces that it has filed the Greenfire shareholder protection rights plan agreement (the "Rights Plan") with the Toronto Stock Exchange (the "TSX") and that it has been notified by the TSX that the TSX will defer consideration of the acceptance of the Rights Plan until such time as the TSX is satisfied that the appropriate securities commission will not intervene pursuant to National Policy 62-202 - Take-Over Bids - Defensive Tactics.
- 09/20/2024
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Greenfire Resources Announces Appointment of Interim Chairman and Adoption of Shareholder Rights Plan in Response to Waterous Energy Fund's Agreement to Acquire Greenfire Shares
- Calgary, Alberta--(Newsfile Corp. - September 19, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada acknowledges the announcement on September 16, 2024 by Waterous Energy Fund Management Corp. ("WEF Manager") in its capacity as manager of certain limited partnerships (collectively, "WEF"), that it has entered into agreements with certain Greenfire shareholders (the "Selling Shareholders") to acquire 43.3% of the issued and outstanding common shares (the "Common Shares") of the Company (the "Proposed Acquisition").
- 09/19/2024
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Greenfire Resources Announces Q2 2024 Results, Updated 2024 Outlook and Appointment of Chief Operating Officer
- Calgary, Alberta--(Newsfile Corp. - August 14, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce its operating and financial results for the quarter ended June 30, 2024 ("Q2 2024") and an operational update for the third quarter of 2024.
- 08/14/2024
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Top 2 Energy Stocks That May Fall Off A Cliff This Quarter
- As of July 12, 2024, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
- 07/12/2024
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Greenfire Resources Announces Redemption of US$61 Million of the Company's US$300 Million Senior Secured Notes Due 2028
- Calgary, Alberta--(Newsfile Corp. - July 10, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce the redemption of approximately US$61 million of the Company's US$300 million senior secured notes due 2028 (the "2028 Notes"), payable on July 12, 2024, in accordance with the indenture governing the 2028 Notes.
- 07/10/2024
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Greenfire Resources Announces Participation in the Lytham Partners Spring 2024 Investor Conference on May 30, 2024
- Calgary, Alberta--(Newsfile Corp. - May 23, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce that Greenfire will give a webcast presentation and host one-on-one meetings with investors at the Lytham Partners Spring 2024 Investor Conference, taking place virtually on Thursday, May 30, 2024.
- 05/23/2024
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Greenfire Resources Reports Voting Results from 2024 Annual Meeting of Shareholders
- Calgary, Alberta--(Newsfile Corp. - May 15, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce the voting results from its annual meeting of shareholders held May 15, 2024 in Calgary, Alberta (the "Meeting").
- 05/15/2024
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Greenfire Resources Announces Q1 2024 Results and Reiterates 2024 Outlook
- Calgary, Alberta--(Newsfile Corp. - May 15, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce its operating and financial results for the quarter ended March 31, 2024 ("Q1 2024") and an operational outlook for the second quarter of 2024.
- 05/15/2024
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Greenfire Resources Announces Release Timing for Q1 2024 Results and Conference Call
- Calgary, Alberta--(Newsfile Corp. - May 13, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to confirm that the release of its operating and financial results for the quarter ended March 31, 2024, is planned after the market closes on May 15, 2024.
- 05/13/2024
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Greenfire Resources to Participate and Present at the BMO Capital Markets & CAPP Energy Symposium
- Calgary, Alberta--(Newsfile Corp. - April 8, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to confirm that the Company will present at the 2024 BMO Capital Markets & CAPP Energy Symposium, taking place in Toronto, Ontario on April 9 and 10, 2024.
- 04/08/2024
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Greenfire Resources Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023
- Calgary, Alberta--(Newsfile Corp. - March 26, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, today confirms that the Company's annual report on Form 20-F for the year ended December 31, 2023, has been filed with the United States Securities and Exchange Commission ("SEC").
- 03/26/2024
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Greenfire Resources Ltd. (TSX: GFR) Opens the Market
- TORONTO , March 21, 2024 /PRNewswire/ - Robert Logan, President and Chief Executive Officer, Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), and his team joined Robert Peterman, Chief Commercial Officer, Toronto Stock Exchange (TSX), to open the market and celebrate the Company's listing on TSX.
- 03/21/2024
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Greenfire Resources Announces Q4 2023 Results, Year-end 2023 Reserves and Continued Success of the Company's Multi-year Drilling Program in Q1 2024, Including the Inaugural Extended Reach Refill Well at the Demo Asset
- Calgary, Alberta--(Newsfile Corp. - March 20, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce its operating and financial results for the quarter and year ended December 31, 2023; a summary of the Company's 2023 year-end reserves; and an operational update for the first quarter of 2024.
- 03/20/2024
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Greenfire Resources Announces Release Timing for Q4 2023 Results, Year-end 2023 Reserves and Conference Call
- Calgary, Alberta--(Newsfile Corp. - March 19, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to confirm that the release of its operating and financial results for the quarter and year-ended December 31, 2023, and year-end 2023 reserves, is planned after the market closes on March 20, 2024.
- 03/19/2024
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Greenfire Resources Announces 2024 Outlook - Targeting Capital Efficient Production Growth of 25-40% to Support Accelerated Debt Repayment, Confirms Conference Call and Completes First Day of Trading on the TSX
- Calgary, Alberta--(Newsfile Corp. - February 8, 2024) - Greenfire Resources Ltd. (NYSE: GFR) (TSX: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to provide corporate guidance for 2024, including the Company's outlook for production and capital expenditures.
- 02/08/2024
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Greenfire Resources Announces TSX Listing and Approval to Commence Trading on February 8, 2024, Provides Release Timing for 2024 Outlook and Conference Call
- Calgary, Alberta--(Newsfile Corp. - February 7, 2024) - Greenfire Resources Ltd. (NYSE: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce that the Company's common shares are expected to commence trading on the Toronto Stock Exchange ("TSX") at the opening of the market on Thursday, February 8, 2024 under the ticker symbol "GFR".
- 02/07/2024
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Greenfire Resources Announces Operational Update, Including Strong Initial Refill Well Results and New WTI Hedging Program
- Calgary, Alberta--(Newsfile Corp. - January 30, 2024) - Greenfire Resources Ltd. (NYSE: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to provide an operational update for the fourth quarter of 2023 ("Q4/23").
- 01/30/2024
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Greenfire Resources Announces Q3 2023 Results, Operational Update, Acceleration of Additional Drilling into 2023 at the Expansion Asset and Two-Year Drilling Commitment to Support Sustained Production Growth
- Calgary, Alberta--(Newsfile Corp. - November 14, 2023) - Greenfire Resources Ltd. (NYSE: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, is pleased to announce its operating and financial results for the quarter ended September 30, 2023.
- 11/14/2023
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Greenfire Resources to Announce Q3 2023 Results and Host Conference Call
- Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Greenfire Resources Ltd. (NYSE: GFR) ("Greenfire" or the "Company"), a Calgary-based energy company focused on the sustainable production and development of thermal energy resources from the Athabasca region of Alberta, Canada, confirms the Company intends to release its operating and financial results for the quarter ended September 30, 2023 after markets close on Tuesday, November 14, 2023.
- 11/13/2023
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