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Story summary
- Tidewater Midstream and Infrastructure Ltd. faces a lawsuit from Axiom Oil and Gas Inc. over a 2020 gas handling agreement, with Axiom seeking $110 million for Brazeau damages.
- Alberta courts have limited Axiom's damages to $200,000 and dismissed an injunction.
- Axiom is selling non-core properties, including Brazeau, which has significant shut-in production, signaling asset-strategy changes tied to contract disputes.
