February 23, 2024, 7:36 AM MST
While International Petroleum Corporation’s primary focus in 2024 will be on advancing construction on its 30,000 bbls/d phase one development of its Blackrod thermal project, the company will also continue to look for smaller potential acquisition targets, said president and chief executive officer William Lundin at IPC’s recent Capital Markets Day.
February 22, 2024, 12 AM MST
February 21, 2024, 9:45 AM MST
February 15, 2024, 12 AM MST
With a second rig in the Montney now poised to start and the full purchase of Surmont completed, ConocoPhillips is depending on its Canadian assets to significantly contribute to company growth in 2024.
February 12, 2024, 10:46 AM MST
February 9, 2024, 12 AM MST
February 8, 2024, 10:06 AM MST
February 2, 2024, 12 AM MST
It’s safe to say the former top executives of Pipestone Energy Corp. have hit the ground running since signing off on the agreement to sell the Montney-focused company to Strathcona Resources Ltd. in a deal that closed last fall.
February 1, 2024, 6 AM MST
Sayer Energy Advisors publishes its forecast for mergers and acquisitions (“M&A”) activity in the Canadian upstream oil and natural gas industry every January for the upcoming year. We begin our outlook by reviewing our predictions from the previous year. Following our review, we will point to where we think things will go this year.
January 31, 2024, 7:58 AM MST
Woodside Energy Group Ltd. says it completed a transaction bringing Paramount Resources Ltd. into the Liard field in British Columbia.
January 24, 2024, 12 AM MST
January 24, 2024, 11:05 AM MST
January 24, 2024, 6:21 AM MST
January 22, 2024, 12 AM MST
Europe saw almost $20 billion in new upstream deals agreed in 2023 — leading all regions outside of the United States, according to Evaluate Energy.
January 19, 2024, 10:08 AM MST
Almost 50 years after Canadian Hunter Exploration drilled the first Deep Basin natural gas discovery well in 1976 at Elmworth exploration and development activity remains strong.
January 16, 2024, 6 AM MST
January 16, 2024, 8:47 AM MST
January 16, 2024, 5:28 AM MST
Tourmaline Oil Corp. is starting a process to sell the Duvernay assets which were acquired with the acquisition of Bonavista Energy Corporation that was completed in November 2023.
January 15, 2024, 3:35 PM MST
January 11, 2024, 4:56 AM MST
Deloitte Canada says one “highlight” for the North American oil and gas sector in 2023 was the corporate consolidation trend that continued throughout the year, with multiple mega deals being announced in Q4.
January 11, 2024, 7:57 AM MST
Mega mergers involving Exxon Mobil Corporation, Chevron Corporation and Occidental Petroleum Corporation in Q4 skyrocketed 2023’s upstream deal value to $234 billion, based on Evaluate Energy data.
January 10, 2024, 6 AM MST
January 10, 2024, 8:55 AM MST
January 9, 2024, 8:02 AM MST
Calima Energy Limited has entered into a binding definitive agreement with Astara Energy Corp. pursuant to which Calima has agreed to sell 100 per cent of its ownership in its wholly owned Canadian subsidiary, Blackspur Oil Corp., the owner of the company’s Brooks and Thorsby production assets for a cash consideration of A$83.3 million (C$75 million) prior to customary completion adjustments for net debt.
January 8, 2024, 6:44 AM MST
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.