Pacific Oil & Gas completed the acquisition of Canbriam Energy.

Pacific Oil & Gas, an independent energy resources development company, completed the acquisition of Canbriam Energy, a private exploration and production company. Financial terms were not disclosed. "Canada has the opportunity to become a leader in the global energy transition," said Ratnesh Bedi, President of PO&G. "Canbriam is one of the lowest cost producers in the Montney and we look forward to partnering with Paul Myers and the entire team. We welcome the opportunity to work in Canada and produce some of the cleanest natural gas, held to the highest environmental and technical standards in the world, and sharing that resource to offset GHG emissions around the globe."