Allstar Energy Limited, Oil and Gas Properties entered into a binding letter agreement to acquire Westcore Energy Ltd. (TSXV:WTR) in a reverse merger transaction on July 14, 2015. As consideration, Westcore will issue 15 million common shares (after giving effect to a one-for-five consolidation of Westcore's common shares) and a promissory note in the aggregate principal amount of CAD 1.5 million. The transaction is subject to completion of satisfactory due diligence, execution of a definitive agreement, completion of private placement, receipt of shareholder approval in respect of share consolidation and transaction and approval from the TSX Venture Exchange. As on December 23, 2015, Westcore completed its equity offering of units. As of April 21, 2016, Westcore shareholders approved the acquisition.

Allstar Energy Limited, Oil and Gas Properties completed the acquisition of Westcore Energy Ltd. (TSXV:WTR) in a reverse merger transaction on May 26, 2016.