On August 5, 2026, Greenfire Resources Ltd. (NYSE/TSX: GFR) completed its acquisition of all issued and outstanding Class A common shares of Connacher Oil and Gas Limited, a privately held in situ oil sands developer, producer, and marketer of bitumen, pursuant to a pre-acquisition agreement dated July 13, 2026. Connacher's principal asset is the Great Divide oil sands project (comprising the Pod One and Algar assets), located directly adjacent to Greenfire's existing Hangingstone facilities in Alberta. The transaction was structured as an acquisition of Connacher's outstanding shares for cash consideration. Approximately 73.6 percent of Connacher shareholders had signed support and drag-along agreements to tender their shares ahead of closing. The acquisition was financed through an expanded and upsized senior reserve-based credit facility, a new non-revolving equity bridge credit facility with Bank of Montreal as agent, and a rights offering of Greenfire common shares, backstopped by a standby commitment from Waterous Energy Fund. Closing was subject to Competition Act (Canada) approval and repayment of Connacher's existing debt. Greenfire filed a Business Acquisition Report on SEDAR+ dated August 12, 2026, confirming completion.