ARC Financial picks up deal pace with Longshore, Wayfinder financings
ARC Financial Corp has intensified its deal-making with new investments in a junior oil producer and a hydraulic-fracturing-treatments specialist. Longshore Resources, a Calgary company founded in late 2015 by senior energy executives, last week said it raised $150 million in equity financing from ARC. The announcement, which was not widely reported, included news of Longshore’s acquisition of certain producing assets in Alberta’s Peace River Arch region.
23 June 2016•3 mins read
