Acerta Energy Ltd., a private Calgary-based oil and gas company backed by McIntyre Partners and Trafigura, agreed to acquire Astara Energy Corp., a private Calgary-based junior oil and gas producer, by way of a plan of arrangement announced August 27, 2026. The acquisition adds approximately 5,000 boe/d of operated, liquids-rich production, including 3,600 bbl/d of light and medium crude oil, more than doubling Acerta's crude oil production to approximately 6,200 bbl/d and increasing corporate production by 67 percent to approximately 12,500 boe/d, rising to an estimated 13,900 boe/d at closing. The transaction reflects a total value of approximately $127 million, inclusive of assumed net debt. It was unanimously approved by both companies' boards, and concurrent with signing, Astara's shareholders approved the arrangement by written resolution. The acquisition follows Acerta's inaugural acquisition of Cardium light-oil assets from Hawthorne Energy in April 2026. The deal is funded through a tap of Acerta's existing senior secured bond due 2031 and cash on hand, supported by a working capital financing from Trafigura. Dentons is acting as legal counsel to Acerta. GLJ Ltd. prepared an independent reserves due-diligence review, and Pareto Securities is acting as placement agent on the bond tap (not a transaction financial adviser). No legal or financial adviser to Astara was disclosed in the press release or in any secondary source reviewed. Closing is expected in September 2026, subject to court approval and Competition Act clearance.