Greenfire Resources Ord Shs T.GFR

Alternate Symbol(s): GFR | GFRWF

Energy Oil & Gas E&P

Greenfire Resources Ltd. is an energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada. Its business is the production and development of upstream energy resources from the oil sands in Canada, using in situ thermal oil production extraction techniques, such as steam assisted gravity drainage (SAGD). Its operations include Thermal Oil Operations, Tier-1 Oil Sands Reservoir, Hangingstone Facilities, Infrastructure & Pipelines and Cooperation with Trafigura. Its operations in the Canadian oil sands leverage in situ thermal oil development to access Western Canada’s energy resources. It operates two SAGD oil production facilities within the same Tier-1 reservoir at Hangingstone, situated 50 kilometers (km) south of Fort McMurray in Northern Alberta. Its Demo Asset is located 50 km south of Fort McMurray, Alberta. The Expansion Asset and Demo Asset (together the Hangingstone Facilities) have a Tier-1 SAGD reservoir.

TSX:GFR - Post by User

Greenfire Resources Ord Shs > Waterous Energy Fund closes acquisition of 43.3% of GFR

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Comment by ztransforms173on Nov 13, 2024 10:31am

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Post# 36310195

RE:RE:RE:Waterous Energy Fund closes acquisition of 43.3% of GFR

- there are 3 LARGE GFR SHAREHOLDERS (including the CEO of GFR) who can AFFORD REALLY GOOD & EXPENSIVE LAWYERS and have the ABILITY to MOUNT a BITTER PROXY FIGHT should it COME to THAT

- therefore , the RETAIL INVESTORS of Greenfire Resources are NOT WITHOUT POWERFUL ALLIES WATCHING OVER THEM to GET the BEST OUTCOME

- the FIRST INDICATION of the POWER BALANCE will be OVER HOW MANY GFR BODs SEATS will the Waterous Energy Fund be ABLE TO SUCCESSFULLY PLACE to REPRESENT THEM

z173

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