Atlas Energy Corp. Closes C$15M Royalty Investment in Alberta Oil Fields

Atlas Energy Corp. has completed its C$15 million investment in a gross overriding royalty on oil and gas assets located in Southwest Alberta's Foothills, marking the company's first investment under new leadership.

The acquisition is based on established production and planned reactivations of two oil wells expected to return to production by December 2026. Atlas projects C$6 million in before-tax cash flow for the first 12 months, with a payout period of approximately three years.

Under the royalty agreement, Vendor, the private upstream and midstream operator, will be responsible for all operating and development expenditures associated with the assets. The transaction has been accepted by the TSX Venture Exchange and Atlas is expected to exit the TSXV Sandbox effective September 29, 2026.