On October 18, 2024, GL Group announced that it acquired a 25 percent equity stake in Gazelle Energy Limited, a Canadian company which holds 100 percent ownership and is the operator of a natural gas development project, under the Thrace Basin Block F17-b4 license, in Turkey.

The block, which covers 145 km2, is a tight gas development project with a proven reserve of 65 billion cubic feet (2P) of gas. 

Torys acted as Canadian counsel to GL Group with a team that included Janan Paskaran, Jennifer Baugh and Donald Baker (corporate/M&A).