Lycos Energy Inc. reported a 100 per cent drilling success rate on its multi-lateral/fishbone, Mannville heavy oil drilling program.
April 18, 2024, 7:05 AM MDT
EQT Corporation has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to sell an undivided 40 per cent interest in its non-operated natural gas assets in northeast Pennsylvania, representing approximately 225 mmcf/d of forecasted 2025 net production.
April 16, 2024, 12 AM MDT
April 16, 2024, 7:13 AM MDT
U.S. producers seeking greater scale in core operating areas drove global upstream M&A to $56 billion in Q1.
April 10, 2024, 9:54 AM MDT
Saturn Oil & Gas Inc. has entered into a definitive agreement with a private operator to sell its non-core Deer Mountain property in North Alberta for cash of $27 million, less customary closing adjustments.
April 2, 2024, 12 AM MDT
April 1, 2024, 12 AM MDT
April 1, 2024, 9:24 AM MDT
March 28, 2024, 11:29 AM MDT
The total enterprise value of merger and acquisition (“M&A”) transactions in the Canadian oil and natural gas industry increased 7% in 2023 to $16.4 billion from the $15.4 billion recorded in 2022.
March 27, 2024, 6 AM MDT
March 22, 2024, 12 AM MDT
March 20, 2024, 12 AM MDT
Natural gas supplier Santos is evaluating structural options as it looks to unlock value for shareholders after its merger negotiations with fellow Australian LNG producer, Woodside Energy Group Limited, failed.
March 19, 2024, 6 AM MDT
March 18, 2024, 12 AM MDT
Rubellite Energy Inc.’s land purchases in the quarter were $1.2 million, bringing total land expenditures for 2023 to $4.0 million.
March 15, 2024, 9 AM MDT
March 8, 2024, 5:48 AM MST
March 7, 2024, 7:04 AM MST
Paramount Resources Ltd. sold certain non-core assets in the Kaybob Region in February 2024 for cash proceeds of approximately $47 million and has retained a two per cent no-deduction gross overriding royalty on the undeveloped Montney acreage forming part of the assets.
March 6, 2024, 5:45 AM MST
Prairie Provident Resources Inc. has closed a pair of assets sales.
March 5, 2024, 7:39 AM MST
After a series of “transformational acquisitions” the last three years adding assets in the Duvernay and Montney resource plays, Crescent Point Energy Corp. is shifting its capital allocation.
March 4, 2024, 12 AM MST
Bonterra Energy Corp. has acquired a high quality, undeveloped Charlie Lake asset that is prospective for light oil, comprised of 79 net sections of land in Bonanza, Alberta and 330 boe/d of production, for total cash consideration of $24.1 million.
March 4, 2024, 3:55 PM MST
During the year, operators spud 577 gross wells (21.5 net) across Topaz Energy Corp.'s royalty acreage, a two per cent increase from 2022, which represents approximately 14 per cent of the 2023 total rig releases across the WCSB.
March 4, 2024, 3:11 PM MST
Tetonka Resources Inc. (“Tetonka” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of certain non-core oil and natural gas interests located in the Alameda and Innes areas of southeastern Saskatchewan (the “Properties”).
February 29, 2024, 6 AM MST
Tetonka Resources Inc. (“Tetonka” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of certain non-core oil and natural gas interests located in the Alameda and Innes areas of southeastern Saskatchewan (the “Properties”).
February 28, 2024, 8:43 AM MST
February 27, 2024, 5:05 AM MST
February 26, 2024, 12 AM MST
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