West Lake Energy, an oil and natural gas company in Calgary, completed the acquisition of Boulder Energy, a privately held primarily light-oil producer with assets in the Brazeau area of West Central Alberta. Financial terms were not disclosed. "This acquisition is transformational for West Lake. The Board and executive are focused on a new strategic direction, and this acquisition represents the first step in our plan to achieve our growth and value goals over the next few years. The Boulder asset is a great fit to our existing portfolio, adding a new core area where we can leverage our technical expertise while contributing significant primary and secondary development growth opportunities. This is a major milestone for the Corporation and positions us for future growth through increased enterprise value, production, reserves, netbacks and cash flow," Bruce McDonald, West Lake Energy CEO.