February 8, 2024, 10:06 AM MST
February 7, 2024, 6:11 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
January 24, 2024, 11:05 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 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 5, 2024, 2:31 PM MST
January 4, 2024, 5:44 AM MST
High Arctic Energy Services Inc. announced Dec. 28 that it has closed the acquisition of Delta Rental Services Ltd. for aggregate purchase consideration of $7 million subject to earn-out provisions, pursuant to a share purchase agreement between High Arctic and the shareholders of Delta.
January 2, 2024, 12 AM MST
Pason Systems Inc. has closed, effective Jan. 1, 2024, the previously announced exercise of a call option for the purchase of all remaining issued and outstanding common shares of Intelligent Wellhead Systems Inc. not previously held by Pason for total consideration of $88.2 million.
January 2, 2024, 8:52 AM MST
Crescent Point Energy Corp. has completed its acquisition of Hammerhead Energy Inc.
December 21, 2023, 7:34 AM MST
December 18, 2023, 12 AM MST
December 18, 2023, 6:37 AM MST
Pine Cliff Energy Ltd. has completed the acquisition of Certus Oil & Gas Inc.
December 14, 2023, 12 AM MST
December 13, 2023, 10:10 AM MST
Occidental Petroleum Corporation’s US$12 billion deal to acquire CrownRock LP this morning added to the rush of M&A activity in the Permian Basin in 2023 as operators looked to build future drilling inventory in the massive Texas and New Mexico resource play.
December 11, 2023, 12 AM MST
December 11, 2023, 12 AM MST
December 7, 2023, 7:30 AM MST
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