Headlines for Aug. 30, 2017

  1. M&A Value In First Half Of 2017 Hits Record High

    The total enterprise value of merger and acquisition (M&A) activity in the Canadian oil and natural gas industry in the first half of 2017 was approximately $36.1 billion, up 139 per cent from the $15.1 billion recorded in the first six months of 2016. This is the highest first half total of M&A value in the Canadian oil and natural gas sector since Sayer Energy Advisors began tracking these statistics in 1993.  

  2. Daily Infographic: Crude Oil And Natural Gas Production In Texas And Oklahoma's Anadarko Region Is Growing

    The Anadarko Region, which was recently added to the Energy Information Administration (EIA) Drilling Productivity Report(DPR), accounted for 437,000 bbls per day of oil production and 4.9 bcf per day of natural gas production in July 2017. Production in the region has increased in 2017, and the region accounted for 13 per cent of all new wells drilled in the country in July 2017. With the inclusion of the Anadarko Region, the DPR now covers about 87 per cent of all active onshore rigs in the United States.

  3. Proxy Advisory Firms Recommend Support For Paramount-Trilogy Merger

    Institutional Shareholder Services Inc. and Glass Lewis and Co., two independent proxy advisory firms that provide voting recommendations to institutional investors, have recommended that shareholders of Paramount Resources Ltd. and Trilogy Energy Corp. vote for the proposed merger of the companies.

  4. Questfire Output Down For Q2

    Questfire Energy Corp. reported average production of 3,841 boe per day for the second quarter, 77 per cent natural gas, compared to 4,421 boe a day last year.

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