March 25, 2020, 6 AM MDT
Saturn Oil & Gas Inc. has secured a fixed price hedge on production of 400 bbls/d oil at C$65.40/bbl through February 2021.
March 25, 2020, 7:03 AM MDT
March 19, 2020, 2 PM MDT
The outlook for merger and acquisition (M&A) activity in the Canadian oil and gas space is murky in light of current market conditions dominated by the double-whammy of a Saudi Arabia-Russia induced price war and the demand destruction caused by the global coronavirus pandemic.
March 18, 2020, 6 AM MDT
New assets placed into service in 2019, including the Pipestone Gas Plant and the acquisition of the Prince George Refinery, helped Tidewater Midstream and Infrastructure Ltd. post record adjusted EBITDA of nearly $40 million (12 cents per share) in the fourth quarter of 2019.
March 13, 2020, 11:01 AM MDT
TC Energy Corporation’s NOVA Gas Transmission Ltd. (NGTL), announced an exclusive letter of intent with Tidewater Midstream and Infrastructure Ltd. and TransAlta Corporation to purchase the Pioneer Pipeline for $255 million.
March 12, 2020, 7:17 AM MDT
Sweet Gas Production — U.S. based, Canadian company has an immediate need for in excess of 560 103m3/day of dry, sweet gas in the Western Canadian Sedimentary Basin.
March 11, 2020, 9:15 AM MDT
Peyto Exploration & Development Corp. was “very successful” in adding to its Deep Basin land position in 2019 at some “incredibly low” land prices, its chief executive said Thursday.
March 6, 2020, 4:02 AM MST
March 6, 2020, 6 AM MST
International Petroleum Corporation closed its acquisition of Granite Oil Corp.
March 6, 2020, 8:27 AM MST
March 5, 2020, 6 AM MST
March 4, 2020, 6 AM MST
Headwater Exploration Inc. (formerly Corridor Resources Inc.) has completed its previously announced financing transactions for aggregate gross proceeds of $50 million, the appointment of a new management team and the reconstitution of the board of directors.
March 4, 2020, 6:24 PM MST
FTI Consulting Canada Inc., in its capacity as Court appointed Receiver of Eagle Energy Inc., Eagle Energy Holdings Inc. and Eagle Energy Trust, has retained CB Securities Inc.
March 3, 2020, 6 AM MST
March 3, 2020, 6 AM MST
March 2, 2020, 6 AM MST
At year-end 2019, TORC Oil & Gas Ltd. completed a tuck-in acquisition in its southeast Saskatchewan core area adding 200 boe/d (greater than 90 per cent light oil), bringing its 2019 exit production to more than 28,500 boe/d (88 per cent light oil and liquids).
February 28, 2020, 9:04 AM MST
Crew Energy Inc. confirmed first of two closings of its strategic transaction with a third-party midstream company.
February 28, 2020, 3:34 AM MST
Tourmaline Oil Corp. has announced three transactions that significantly increases its acreage position in the northeast B.C. Montney fairway while investing only 10 per cent of the proceeds that the company received by selling assets to Topaz Oil Corp. in November 2019.
February 24, 2020, 9:11 AM MST
Industrial matting specialist Strad Inc. is preparing to go private.
February 24, 2020, 6:04 AM MST
Highwood Oil Company Ltd. expects capital spending of $10-$15 million in 2020 mainly focused on “production and reserve-adding activities in the Clearwater.”
February 19, 2020, 7:40 AM MST
Just as environmental, social and governance (ESG) performance and reporting has gained an increasingly strong foothold in the day-to-day business of operating in the western Canadian oil and gas sector, it has also gained in importance for companies looking to engage in merger and acquisition (M&A) activity.
February 18, 2020, 6:32 AM MST
February 14, 2020, 6 AM MST
Mullen Group Ltd. is not ruling out putting its energy services businesses on the market as it continues to evolve into a logistics-focused company.
February 14, 2020, 9:22 AM MST
Enbridge Inc. says it has entered into a definitive agreement whereby it will acquire Rio Bravo Pipeline Company LLC from NextDecade Corporation for a cash purchase price not to exceed $25 million.
February 14, 2020, 10:04 AM MST