Waterous Energy Fund Closes Third Private Equity Fund at C$1.4 Billion
Waterous Energy Fund (“WEF”) today announced the final closing of its third private equity fund, Waterous Energy Fund III (“Fund III” or “the Fund”) at the stated target of C$1.4 billion (~US$1 billion).
Waterous Energy Fund Closes Its Fourth Equity Capital Raise, Acquires Caltex Resources Ltd. and the Tucker Thermal Oil Property, and Amalgamates Caltex and Tucker with Strathcona Resources Ltd.
Waterous Energy Fund (“WEF”) today announced the closing of the amalgamation of Strathcona Resources Ltd. (“Strathcona”), Caltex Resources Ltd. (“Caltex”), and the Tucker thermal oil property (“Tucker”). The amalgamated entity will continue in business as Strathcona Resources Ltd. and will remain 100% owned by WEF and Strathcona employees.
