Morpheus Energy Services

Canaccord Genuity Acts as Exclusive Financial Advisor to Morpheus Energy Services on its New Financing

Canaccord Genuity is pleased to announce that, on April 17, 2025, its client, Morpheus Energy Services Pty Ltd. ("Morpheus" or the "Company"), executed a new lease financing agreement with a direct lender to facilitate the construction and delivery of Morpheus’ fourth fully automated multipurpose service rig.

Morpheus, a portfolio company of TriWest Capital Partners (“TriWest”), is an Australian rig technology company that owns and operates the world’s only fully automated multipurpose service rig with integrated snubbing capabilities. Serving the Australian coal seam gas market, Morpheus’ service rig technology provides significant cost savings, safety enhancements, and reduced emissions over conventional rigs operating in the industry.

This transaction highlights Canaccord Genuity’s global and cross-border capabilities and expertise in bespoke debt advisory solutions and its energy and sustainability industry excellence.