M&A

Iron Bridge Narrows Net Loss As It Seeks Alternative To Velvet’s Hostile Bed

Iron Bridge Resources Inc. posted a net loss for the second quarter as it slowed the pace of its cryptocurrency venture while seeking an alternative to Velvet Energy Ltd.’s hostile takeover bid.

August 15, 2018, 11:24 AM MDT


Junex, Cuda Complete Business Combination

Junex Inc. and Cuda Energy Inc. completed a business combination and will form a combined entity named Cuda Oil and Gas Inc.

August 15, 2018, 9:51 AM MDT


Ensign Looks To Take Over Trinidad In $947 Million Hostile Bid

Ensign Energy Services Inc. has made a $947 million hostile bid to acquire Trinidad Drilling Ltd. just two weeks after Trinidad had announced it was ending its strategic alternatives process.

August 13, 2018, 3:33 AM MDT


Cenovus Selling Pipestone Business To NuVista For $625 Million

Cenovus Energy Inc. and one of its subsidiaries have entered into an agreement to sell the general partnership that holds the Pipestone and Wembley natural gas and liquids business in northwestern Alberta for cash proceeds of $625 million.

August 10, 2018, 2:49 AM MDT


TORC Picks Up SE Sask. Private Operator; Boosts Capex

TORC Oil & Gas Ltd. completed the acquisition of Villanova 4 Oil Corp., a private oil company with complementary high quality, light oil assets in southeast Saskatchewan.

August 9, 2018, 2:44 AM MDT