# Carlyle to buy Parallax Energy, expanding oil and gas ​reach in Canada — retained record

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source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-09-14 22:36 ingested 2026-09-15 02:51

[original source ↗](https://seekingalpha.com/news/4642710-carlyle-backed-avenrock-energy-to-buy-parallax-energy-expanding-oil-and-gas-reach-in-canada?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

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EnergyFinancials

Carlyle to buy Parallax Energy, expanding oil and gas ​reach in Canada

Sep 14, 2026, 6:36 PM ETThe Carlyle Group Inc. (CG) StockBy : Carl Surran, SA News Editor

Carlyle Group (CG) said Monday its newly formed Canadian company Avenrock Energy agreed to acquire Parallax Energy from Carnelian Energy Capital, establishing a significant new light oil platform in Western Canada.

Financial terms were not disclosed, but Reuters reported ​the total enterprise

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document fetched 2026-09-15 02:51 · canonical https://seekingalpha.com/news/4642710-carlyle-backed-avenrock-energy-to-buy-parallax-energy-expanding-oil-and-gas-reach-in-canada?feed_item_type=news