Hammerhead Resources went public via merger with Decarbonization Plus Acquisition IV in a $1bn deal.

Hammerhead Resources, a Calgary-based energy company, went public via merger with Decarbonization Plus Acquisition IV, a special purpose acquisition company, in a $1bn deal. "We believe an energy transformation is underway where conventional energy and power sources will continue to play an important role in the world energy mix for some time to come. The current global profile of both energy security and resource intermittency are demonstrating the need for continued reliance on conventional sources. We believe the energy industry has an emissions challenge, and we aim to be a leader in redefining public expectations around how companies like ours can contribute to the advancement of global net zero goals," Scott Sobie, Hammerhead Resources CEO.