Calima Energy Limited (CE1, formerly Azonto Petroleum Limited) has recently undertaken significant corporate initiatives in the energy sector, specifically in oil and natural gas exploration within the Western Canadian Sedimentary Basin. One notable development includes the divestment of its Montney Assets and Blackspur Oil Corp, a strategic move aimed at optimising its portfolio and returning substantial capital to shareholders. These actions highlight Calima Energy's strategic focus on enhancing shareholder value and streamlining its operational footprint in the competitive energy market.