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
International Petroleum Corporation says it plans to look at a facility expansion at its Onion Lake, Saskatchewan thermal project to accelerate production to 16,000 bbls/d and then proceed to drill sustaining well pads over 20 plus years.
February 12, 2020, 7:04 AM MST
February 11, 2020, 11:03 AM MST
February 10, 2020, 1:48 PM MST
The company is making available, for sale or swap, its 33.33% net working interest in a single section of Cardium rights, as well as its 3% GORR covering 2.75 net sections of Cardium rights.
February 5, 2020, 6:54 AM MST
Stable oil prices and one mega deal between Occidental Petroleum Corporation and Anadarko Petroleum Corporation resulted in 2019 seeing the highest annual M&A spend for upstream assets worldwide since the price downturn took hold in late 2014.
February 4, 2020, 6:46 AM MST
Advantagewon Oil Corp. has sold all of its remaining U.S. assets to Emerald Bay Energy Inc.
February 4, 2020, 7:14 AM MST
Tourmaline Oil Corp. plans to become bigger through mergers and acquisitions that would give it a bigger piece of the gas supply over the next couple of years, an investor conference in Banff heard Wednesday.
January 30, 2020, 12 AM MST
Data available in the latest upstream M&A report from Evaluate Energy shows that 2019 was another year dominated by deals for assets in the United States.
January 30, 2020, 7:37 AM MST
Merger and acquisition (M&A) activity in the upstream Canadian oil and gas sector was historically weak in 2019 but could be primed for a moderate rebound this year, say industry insiders.
January 29, 2020, 7:33 AM MST
Sayer Energy Advisors’ annual outlook and forecast of forthcoming mergers and acquisitions (“M&A”) activity in the oil and natural gas industry will outline our predictions for 2020.
January 29, 2020, 6 AM MST
PrairieSky Royalty has identified over 40 potential horizontal locations targeting Rex-aged Upper Mannville sands in the Westerose area of Central Alberta.
January 29, 2020, 6 AM MST
Stable oil prices and one mega deal between Occidental Petroleum Corporation and Anadarko Petroleum Corporation resulted in 2019 seeing the highest annual M&A spend for upstream assets worldwide since the price downturn took hold in late 2014.
January 28, 2020, 7:33 AM MST
January 24, 2020, 8:21 AM MST
PrairieSky Royalty has identified over 40 potential horizontal locations targeting Rex-aged Upper Mannville sands in the Westerose area of Central Alberta.
January 22, 2020, 6 AM MST
Questerre Energy Corporation has received all approvals and has closed the acquisition of assets in Quebec pursuant to the purchase and sale agreement with a senior exploration and production company.
January 22, 2020, 7:57 AM MST
Crescent Point Energy Corp. has closed the sale of certain associated gas infrastructure assets in Saskatchewan for total cash consideration of $500 million.
January 21, 2020, 12 AM MST
Teaser and Confidentiality Agreement are available at www.tdenergyadvisors.com.
January 20, 2020, 6 AM MST
Crew Energy Inc. has entered into a purchase and sale agreement with a third party midstream company for the disposition of a 22 per cent net working interest in each of its Septimus and West Septimus gas processing facilities in northeast British Columbia for a total of $70 million.
January 17, 2020, 12 AM MST
January 17, 2020, 8:20 AM MST
The Alberta Energy Regulator (AER) has extended until Jan. 31, 2020 the deadline for public comment on applications for the transfer of approvals from Shell Canada Limited to Pieridae Alberta Production Ltd.
January 15, 2020, 11:28 AM MST