Griffon Partners completed the acquisition of the non-core Viking area assets of Tamarack Valley Energy for $51m.

Griffon Partners, an investment company, completed the acquisition of the non-core Viking area assets of Tamarack Valley Energy, an oil and gas exploration and production company, for $51m. “We are excited about conventional upstream energy and this transaction, our first wholly owned upstream asset, demonstrates both our commitment to the sector and our ability to transact in adverse market conditions. The Griffon Partners team is already working to ensure a smooth integration of these assets while maintaining the momentum we have in our pipeline of potential deals. Griffon is working on a range of potential transactions today and, as we have shown with this deal, great transactions can be completed even when markets are tumultuous,” Jonathan Klesch, Griffon Partners Founder.