Greenfire Resources is set to buy Connacher for about $1.28 billion, according to reports. The companies describe the transaction as an acquisition of the heavy oil producer by Greenfire, which is focused on expanding its operations through consolidation within the heavy oil sector. Coverage from both outlets places the purchase price in a narrow range—about $1.27 billion to $1.28 billion—indicating the deal terms are largely consistent across reporting. The proposed acquisition is expected to increase Greenfire’s production level, with one report estimating that the combined company’s output would rise to about 34,000 barrels per day. The reports frame the transaction as a step that would strengthen the Calgary-based producer’s scale and production profile following the addition of Connacher’s assets. Details on timing, regulatory review, and closing conditions are not included in the provided excerpts, but the deal is presented as pending completion following standard merger and acquisition processes.