Greenfire Resources went public via a SPAC merger with M3-Brigade Acquisition III in a $950m deal.

Greenfire Resources, a Calgary-based energy company, went public via a SPAC merger with M3-Brigade Acquisition III, a New York Stock Exchange listed special purpose acquisition company, in a $950m deal. "Greenfire has successfully assembled some of the highest quality oil sands assets in the industry and solidified our position as a leading intermediate oil sands developer. Supporting the safe, responsible, and efficient development of our world-class assets is an incredible team of dedicated and talented people. The investment by MBSC is a strong vote of confidence in our plan to deliver profitable growth as we focus on maximizing shareholder and stakeholder value," Robert Logan, Greenfire President and CEO.