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Topaz Energy Corp is involved in the development, production and operation of oil and natural gas properties in Western Canada. It operates through three segments: Royalty Production and Infrastructure, Royalty Funds, and Corporate. The company owns and manages oil and gas royalty interests on approximately 5.3 million gross acres of developed and undeveloped lands as well as water management assets located primarily in Western Canada. The company was formerly known as Exshaw Oil Corp. and changed its name to Topaz Energy Corp. in November 2019.