Carter Ledyard represented longtime client Greenfire Resources Inc., in the execution of the company’s Fourth and Fifth Supplemental Indentures for its Senior Secured Notes due 2025, providing for additional capital expenditures totaling USD $60 million to increase oil and gas production and also to defer the company’s required expenditures for hedging. Greenfire is an energy company focused on the acquisition and sustainable development of thermal oil assets in the Athabasca region of Alberta, Canada.
Carter Ledyard partners Guy P. Lander, Steven Paul McSloy, and James Gadsden, and associates Paul J. Brown and Jennifer L. Frank, acted as U.S. counsel to Greenfire, with Burnet, Duckworth & Palmer LLP acting as Canadian counsel.