Atlas Energy Completes CA$15.0 Million Royalty Investment in Caledonian Midstream
MT newswire2026/09/25 12:54Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
08:54 AM EDT, 09/25/2026 (MT Newswires) -- Atlas Energy (ATLE.V) said Friday it completed a CA$15 million acquisition of a gross overriding royalty on Caledonian Midstream's working interest in producing oil and gas assets in southwest Alberta. The resulting cash flow from the transaction is expected to fund Atlas Energy's annual corporate cost base, the company said Friday. Atlas estimates the royalty to generate about CA$6.0 million of before-tax cash flow during the first 12 months. It would achieve payout of Atlas' initial investment in about three years, the company added. Meanwhile, Atlas said the TSX Venture Exchange has approved the company's exit from the TSXV Sandbox, effective Sept. 29.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Citrini Research releases report optimistic about the prospects of RWA tokenization
AiCoin•2026/10/17 15:15

SWIFT, Ripple (XRP) & BNP Paribas: Connecting The Dots
DailyCoin•2026/10/17 13:48

Did Satoshi Get Bitcoin Wrong? Claude's NSA Discovery Sparks Debate
BeInCrypto•2026/10/17 13:09

2 Banking Giants Make Major Crypto Moves as Schwab and Deutsche Bank Expand Into Digital Assets
Cryptopotato•2026/10/17 11:27

Crypto prices
MoreBitcoin
BTC
$81,213.33
-0.28%
Ethereum
ETH
$2,403.91
-1.31%
Tether USDt
USDT
$0.9987
-0.01%
BNB
BNB
$713.91
-1.46%
XRP
XRP
$1.29
-1.61%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$103.3
-1.03%
TRON
TRX
$0.3345
+0.09%
Hyperliquid
HYPE
$78.59
-0.68%
Zcash
ZEC
$1,133.48
-3.28%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now