Altura Energy Inc. (TSXV:ATU) will look for M&A opportunities. 'We see great opportunity in international markets to capture quality M&A opportunities at this time. We believe the sector is underinvested, with a significant number of quality oil and gas assets on the market, and only a limited set of qualified buyers to invest in them. Altura provides a free cash flow generating asset and a desirable entity to recapitalize in pursuit of our acquisition strategy. Following the Transaction, the Company will be positioned with both operating and financial capability to take advantage of this international M&A market' said Anthony Marino, on behalf of the Initial Investors.