Waterous Energy Fund III Amends Greenfire Resources Stake

TL;DR

Waterous Energy Fund III updated their Greenfire Resources filing on 11/21/24. Watch this space.

AI Summary

Waterous Energy Fund III (US) LP, along with its group members, has filed an amendment to their Schedule 13D concerning Greenfire Resources Ltd. The filing, dated November 21, 2024, indicates a change in their beneficial ownership of Greenfire Resources Ltd. The specific details of the change in ownership percentage or the number of shares are not provided in this excerpt.

Why It Matters

This filing signals a potential shift in control or significant investment activity in Greenfire Resources Ltd. by a major energy fund.

Risk Assessment

Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, which can introduce volatility.

Key Players & Entities

• Waterous Energy Fund III (US) LP (company) — Filing entity
• Greenfire Resources Ltd. (company) — Subject company
• Waterous Energy Fund III (Canadian FI) LP (company) — Group member
• Waterous Energy Fund III (Canadian) LP (company) — Group member
• Waterous Energy Fund III (International FI) LP (company) — Group member
• Waterous Energy Fund III (International) LP (company) — Group member
• Waterous Energy Fund Management Corp. (company) — Group member
• WEF III GP (Canadian FI) Corp (company) — Group member
• WEF III GP (Canadian) Corp. (company) — Group member
• WEF III GP (International FI) Corp. (company) — Group member

FAQ

Filing Documents

• tm2429199d1_sc13da.htm (SC 13D/A) — 196KB
• tm2429199d1_ex99-1.htm (EX-99.1) — 48KB
• 0001104659-24-121709.txt ( ) — 247KB

of the Schedule 13D is hereby amended

Item 4 of the Schedule 13D is hereby amended to add the following : On November 21, 2024, the Reporting Persons issued a press release announcing that they sent an initial letter to the Issuer on November 18, 2024, followed by a final letter on November 19, 2024, which communicated their intent to requisition a special meeting of the shareholders of the Issuer for the purpose of removing the Issuer’s current board of directors, consisting of Matthew Perkal, Robert Logan, Jonathan Klesch and Derek Aylesworth, and replacing them with the Reporting Persons’ six independent director nominees, being Henry Hager, Brian Heald, Andrew Kim, David Knight Legg, David Roosth and Adam Waterous. The foregoing summary of the press release is not intended to be complete and is qualified in its entirety by reference to the full text of the press release, which is filed hereto as Exhibit 99.1 and is incorporated by reference herein. The Reporting Persons intend to review their investment in the Issuer on a continuing basis and depending upon various factors, including without limitation, the price and availability of the Issuer's securities, subsequent developments affecting the Issuer, its business and prospects, other investment and business opportunities available to the Reporting Persons, general industry and economic conditions, the securities markets in general, tax considerations and other factors deemed relevant by the Reporting Persons, the Reporting Persons may consider or propose various actions including, but not limited to: (a) the acquisition of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) a corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) a sale or transfer of a material amount of the assets of the Issuer or any of its subsidiaries; (d) a change in the board of directors or management of the Issuer, including any plans or intentio

of the Schedule 13D is hereby amended to add the following

Item 7 of the Schedule 13D is hereby amended to add the following: Exhibit Number Description 99.1 Press Release of the Reporting Persons, dated November 21, 2024. [The remainder of this page intentionally left blank]

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: November 21, 2024 Waterous Energy Fund Management Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: President Waterous Energy Fund III (Canadian) LP, by its general partner, WEF III GP (Canadian) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner Waterous Energy Fund III (US) LP, by its general partner, WEF III GP (US) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner Waterous Energy Fund III (International) LP, by its general partner, WEF III GP (International) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner Waterous Energy Fund III (Canadian FI) LP, by its general partner, WEF III GP (Canadian FI) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner Waterous Energy Fund III (International FI) LP., by its general partner, WEF III GP (International FI) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner WEF III GP (Canadian) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner WEF III GP (US) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner WEF III GP (International) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner WEF III GP (Canadian FI) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner WEF III GP (International FI) Corp. By: /s/ Adam Waterous Name: Adam Waterous Title: CEO and Managing Partner

View Full Filing

View this SC 13D/A filing on SEC EDGAR