Suncor Energy Inc. has closed the transaction to purchase an additional 14.65 per cent working interest in the Fort Hills Project from Teck Resources Limited.
February 2, 2023, 3:25 PM MST
Clearview Resources Ltd. has sold three non-core, non-operated assets for total proceeds of $3.3 million.
February 2, 2023, 3:36 PM MST
Imperial Oil Limited continues to assess merger and acquisition opportunities as it always has, but management says potential deals in the current market can’t compete with internal growth possibilities the company has at its disposal.
February 1, 2023, 12 AM MST
January 31, 2023, 5:47 AM MST
Suncor Energy Inc. on Friday said it was buying a smaller stake in the Fort Hills oilsands mine in northern Alberta from Teck Resources Limited after partner TotalEnergies SE exercised its right of first refusal and announced it would buy a slice of Teck's share of the project.
January 27, 2023, 11:09 AM MST
TotalEnergies EP Canada Ltd. announces has exercised its preemption right to acquire an additional 6.65 per cent interest in the Fort Hills Energy Limited Partnership and associated sales and logistics agreements from Teck Resources Limited, for a consideration of C$312 million.
January 27, 2023, 6:29 AM MST
Erikson National Energy Inc. (“Erikson” or the “Company”) has engaged Sayer Energy Advisors to assist Erikson with a sale of the shares of the Company.
January 26, 2023, 10:09 AM MST
Every January, Sayer Energy Advisors publishes its forecast for mergers and acquisitions (“M&A”) activity in the Canadian upstream oil and natural gas industry for the upcoming year.
January 25, 2023, 6 AM MST
Saturn Oil & Gas Inc.’s $525-million acquisition of Ridgeback Resources Inc. adds two mature tight oil plays in the Bakken and Cardium to its rapidly growing asset base, which the company says will provide long-term steady production and free cash flow once debt is paid down.
January 24, 2023, 10:29 AM MST
ExxonMobil Canada Resources Company (“ExxonMobil Canada”) holds approximately 450,000 acres of mineral fee title lands in South Central Alberta, Canada (the “North Grant Lands” or “NGL”), within TWP 27-35, RGE 25W4-RGE 6W5 some of which is still available for third party leasing opportunities.
January 19, 2023, 6 AM MST
Road 53 Resources Inc. (“Road 53” or the “Company”) has engaged Sayer Energy Advisors to assist Road 53 with a sale of the shares of the Company.
January 19, 2023, 8:18 AM MST
Chesapeake Energy Corporation has entered into an agreement to sell the Brazos Valley region of its Eagle Ford asset to WildFire Energy I LLC for $1.425 billion.
January 19, 2023, 12 AM MST
ExxonMobil Canada Resources Company (“ExxonMobil Canada”) holds approximately 850,000 acres of mineral fee title lands in southern Alberta, Canada (the “South Grant Lands” or “SGL”), est. 75%+ of which is now available for third party leasing opportunities.
January 18, 2023, 6 AM MST
ExxonMobil Canada Resources Company (“ExxonMobil Canada”) holds approximately 450,000 acres of mineral fee title lands in South Central Alberta, Canada (the “North Grant Lands” or “NGL”), within TWP 27-35, RGE 25W4-RGE 6W5 some of which is still available for third party leasing opportunities.
January 17, 2023, 6 AM MST
Rubellite Energy Inc. is on track to achieve its combined Q4 2022 and Q1 2023 capital expenditure guidance of approximately $33.0 to $41.0 million to continue its two-rig drilling program through to the end of the first quarter of 2023.
January 17, 2023, 12 AM MST
ExxonMobil Canada Resources Company (“ExxonMobil Canada”) holds approximately 850,000 acres of mineral fee title lands in southern Alberta, Canada (the “South Grant Lands” or “SGL”), est. 75%+ of which is now available for third party leasing opportunities.
January 16, 2023, 10:26 AM MST
Broadview Energy Ltd. (“Broadview” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of its non-core oil and natural gas interests located in the Marwayne area of Alberta (the “Property”).
January 16, 2023, 8:27 AM MST
On April 12, 2022, Alvarez & Marsal Canada Inc. was appointed as the receiver and manager (the “Receiver”) of the assets of Robus Resources Inc. (“Robus” or the “Company”) pursuant to an Order of the Court of Queen’s Bench of Alberta (as at then was).
January 11, 2023, 8:42 AM MST
Paramount Resources Ltd. now expects to spend $650 to $700 million, down from the previous $720 to $760 million.
January 11, 2023, 3:46 PM MST
January 10, 2023, 9:03 AM MST
January 4, 2023, 12 AM MST
Suncor Energy Inc. says it “has been made aware” of an application that has been filed by TotalEnergies EP Canada Ltd. in the Court of King's Bench of Alberta related to the validity of the right of first refusal notice delivered to it by Teck Resources Limited in connection with the sale of Teck's 21.3 per cent interest in Fort Hills to Suncor.
January 3, 2023, 12 AM MST
Tenaz Energy Corp. has closed the acquisition of 100 per cent of the issued and outstanding shares of a private company with Netherlands upstream and midstream assets.
December 20, 2022, 1:26 PM MST
Enerplus Corporation has closed the previously announced sale of substantially all of its remaining Canadian assets to Surge Energy Inc. for total consideration of $245 million, prior to closing adjustments.
December 20, 2022, 12 AM MST
Whitecap Resources Inc. has entered into three definitive agreements to dispose of certain non-strategic assets, effective Oct. 1, 2022 for aggregate consideration of $419 million, consisting of $394 million in cash and producing assets that consolidate working interest in its operated Butte, Saskatchewan core area.
December 19, 2022, 5:12 AM MST
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