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Under the Agreement, the Corporation's subsidiary partnership Teine Energy Marketing Limited Partnership will sell its interest in the 75-kilometer single-shipper crude oil pipeline and associated infrastructure assets, which connect producing properties in the Chauvin area to the Hardisty oil hub, to Gibson for $400 million in cash, subject to customary closing adjustments as outlined in the Agreement (the “Transaction”).\nThe closing of the Transaction is expected to occur in the second quarter of 2026, subject to regulatory approval by the Competition Bureau and the satisfaction of customary closing conditions.\n\nFebruary 17, 2026","hero_image":{"url":"https://images.prismic.io/teine/af2197c6-bbbf-413d-9918-c7364922ebfa_teine_general-use-4.jpg?auto=format%2Ccompress&fit=max&q=72","alt":"An aerial view of an oil rig.","fluid":{"base64":"data:image/jpeg;base64,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","aspectRatio":1.7797552836484982,"src":"https://images.prismic.io/teine/af2197c6-bbbf-413d-9918-c7364922ebfa_teine_general-use-4.jpg?auto=format%2Ccompress&fit=max&q=72&w=1200","srcSet":"https://images.prismic.io/teine/af2197c6-bbbf-413d-9918-c7364922ebfa_teine_general-use-4.jpg?auto=format%2Ccompress&fit=max&q=72&w=300&h=169 300w, https://images.prismic.io/teine/af2197c6-bbbf-413d-9918-c7364922ebfa_teine_general-use-4.jpg?auto=format%2Ccompress&fit=max&q=72&w=600&h=337 600w, https://images.prismic.io/teine/af2197c6-bbbf-413d-9918-c7364922ebfa_teine_general-use-4.jpg?auto=format%2Ccompress&fit=max&q=72&w=1200&h=674 1200w, https://images.prismic.io/teine/af2197c6-bbbf-413d-9918-c7364922ebfa_teine_general-use-4.jpg?auto=format%2Ccompress&fit=max&q=72&w=1800&h=1011 1800w, https://images.prismic.io/teine/af2197c6-bbbf-413d-9918-c7364922ebfa_teine_general-use-4.jpg?auto=format%2Ccompress&fit=max&q=72&w=2400&h=1349 2400w","sizes":""}},"pdf":{"url":"https://teine.cdn.prismic.io/teine/aZToaFWLo0XkEm1H_NoticetoShareholders-ChauvinAssetSaleFebruary102026.pdf"},"body":[]}},"next":{"uid":"teine-energy-ltd.-announces-duvernay-tuck-in-acquisition","data":{"title":{"text":"Teine Energy Ltd. Announces Duvernay Tuck-in Acquisition"}}},"prev":{"uid":"notice-to-shareholders-of-teine-energy-ltd.--december-4-2025","data":{"title":{"text":"Notice to Shareholders of Teine Energy Ltd. -December 4, 2025"}}}},"pageContext":{"uid":"notice-to-shareholders---feb-17-2026","next":"teine-energy-ltd.-announces-duvernay-tuck-in-acquisition","prev":"notice-to-shareholders-of-teine-energy-ltd.--december-4-2025"}},
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