Atlas Energy Invests C$15 Million in Alberta Oil and Gas Royalty

Atlas Energy Corp has completed a C$15 million investment in a gross overriding royalty on oil and gas assets located in Alberta's Southwest Foothills.

The royalty purchase agreement was entered into with privately held Alberta oil and gas producer Caledonian Midstream Corp, and is expected to generate C$6 million of forecast before-tax royalty cash flow during the first 12 months based on established production and two planned oil well reactivations.

TSX Venture Exchange has accepted the transaction and approved Atlas's exit from the TSXV Sandbox, which will be effective on September 29, 2026.