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Tamarack and Headwater enter merger deal to form North American oil group

Tamarack Valley Energy Ltd. and Headwater Exploration Inc. entered into a definitive arrangement agreement to merge in an all-stock transaction, a strategic combination valued at $10 billion.

HWXTVE

CALGARY, AB, Sept. 8, 2026 /CNW/ -- Tamarack Valley Energy Ltd. (TSX:TVE) ("Tamarack") and Headwater Exploration Inc. (TSX:HWX) ("Headwater") are pleased to announce they have entered into a definitive arrangement agreement whereby the two companies will merge in an all-stock transaction valued at…