Pan Orient Energy Corp. completed its arrangement, announced on June 6, 2022, involving Pan Orient, its wholly owned subsidiary, CanAsia Energy Corp., Dialog Systems (Asia) Pte Ltd. and its wholly owned subsidiary, 2432707 Alberta Ltd.
August 25, 2022, 10:02 AM MDT
August 23, 2022, 9:15 AM MDT
August 22, 2022, 3:47 AM MDT
Crew Energy Inc. has successfully completed the sale of certain non-core assets at Attachie and Portage in northeast B.C. for gross proceeds of $130 million (subject to certain customary closing adjustments).
August 18, 2022, 11:11 AM MDT
Pacific Canbriam Energy Limited has completed the acquisition of 47,025 net acres of Montney rights in the Altares, Attachie, and Portage areas of northeast British Columbia.
August 18, 2022, 2:12 PM MDT
August 16, 2022, 12 AM MDT
Reinjecting ethane into the gas stream limited reportable sales volumes for Pieridae Energy Limited last quarter and is a factor in the company revising its production guidance for the year.
August 11, 2022, 7:16 AM MDT
August 11, 2022, 12 AM MDT
Spartan Delta Corp.'s board of directors has approved a $90 million increase to its 2022 capital program.
August 10, 2022, 12 AM MDT
High oil and gas prices continue to stifle market activity when it comes to E&P deal-making.
August 9, 2022, 12 AM MDT
August 9, 2022, 9:09 AM MDT
Suncor Energy Inc. continues to review options for its retail business to ensure the company is maximizing the long-term value of that business segment and “we will disclose the results of this process in the fourth quarter,” says Kris Smith, interim president and CEO.
August 8, 2022, 12 AM MDT
Suncor Energy Inc.’s interim chief Kris Smith says the company’s ability to operate reliably and efficiently is underpinned by its value of “safety above all else.”
August 5, 2022, 9:55 AM MDT
August 3, 2022, 11:12 AM MDT
August 3, 2022, 12 AM MDT
Following the company's second quarter Willesden Green Duvernay acquisition, Paramount Resources Ltd. entered into a definitive agreement in July to acquire additional Duvernay lands and production directly offsetting its existing 150,000 net acre position in the Willesden Green area of Alberta for $68.5 million in cash prior to adjustments.
August 3, 2022, 4:26 AM MDT
Size, structure, strategy and investor support were key to surviving lows of the price cycle
July 29, 2022, 8:51 AM MDT
Whitecap Resources Inc. posted major gains in funds flow during the second quarter of 2022.
July 29, 2022, 11:09 AM MDT
Despite weather-related operational challenges earlier this year, Imperial Oil Limited’s president and CEO Brad Corson says the company’s operations rebounded in Q2 and, along with strong commodity prices, backstopped solid production gains and financial results.
July 29, 2022, 11:09 AM MDT
Enerplus Corporation is selling certain Canadian assets located in Alberta to Journey Energy Inc. for total consideration of $140 million, prior to closing adjustments.
July 28, 2022, 7 PM MDT
Marty Staples, president and CEO of Topaz Energy Corp., was asked this morning on the company’s second quarter conference call about future deals, in particular the potential for larger deals in the second half of the year.
July 27, 2022, 9:31 AM MDT
Topaz Energy Corp. has entered into definitive agreements with Tourmaline Oil Corp. for the purchase of newly created gross overriding royalty interests on approximately 0.2 million gross acres of developed and undeveloped land in the Peace River and Deep Basin play areas of Alberta, for total cash consideration of $52.0 million.
July 27, 2022, 4:25 PM MDT
Tourmaline Oil Corp. has entered into a binding agreement to acquire Rising Star Resources Ltd. for $194.3 million, with closing expected to occur in August 2022.
July 27, 2022, 4:36 PM MDT
Topaz Energy Corp. generated record cash flow of $95.4 million for Q2 2022, 29 per cent higher than Q1 2022 and 156 per cent higher than Q2 2021.
July 26, 2022, 2:31 PM MDT
On January 28, 2020, the Alberta Court of Queen’s Bench (the “Court”) made an order (the “Receivership Order”) appointing Alvarez & Marsal Canada Inc. (“A&M”) as receiver and manager (“the NWT Receiver”) over all of Strategic Oil & Gas Ltd.’s and Strategic Transmission Ltd.’s (together “Strategic” or the “Company”) property located in the Northwest Territories (the “NWT Property”).
July 25, 2022, 6 AM MDT