TOPAZ ANNOUNCES TUCK-IN ACQUISITION OF NEBC MONTNEY ROYALTY ASSETS

Lane

M&A

Announced

30 Sep 2025

Province

Alberta

Industry

Energy — upstream

Status

Announced

What the filing says

Topaz Energy Corp. (TSX: TPZ ) ("Topaz" or the "Company") is pleased to announce that it has entered into definitive agreements with Tourmaline Oil Corp. ("Tourmaline") to acquire gross overriding royalty interests on approximately 134,000 gross acres, over 65% undeveloped, in its NEBC Montney core royalty area (the "Acquisition Lands") for total cash consideration of $71.7 million, before customary closing adjustments (the "Acquisition").

Source

TOPAZ ANNOUNCES TUCK-IN ACQUISITION OF NEBC MONTNEY ROYALTY ASSETS

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