Gibson Energy Inc. is selling its Canadian Truck Transportation business for aggregate proceeds of approximately $100 million prior to closing adjustments and contingent bonus payments to the company.
April 2, 2019, 10:13 AM MDT
Divestco Inc. announced that, in connection with its creditor protection proceedings under the Companies' Creditors Arrangement Act (CCAA) and approval from the Court of Queen's Bench of Alberta of the sales solicitation process (SSP), formal marketing of the company's assets has been initiated, effective today.
April 1, 2019, 7:34 AM MDT
April 1, 2019, 8:39 AM MDT
April 1, 2019, 9:03 AM MDT
March 28, 2019, 8:15 AM MDT
The total enterprise value of merger and acquisition (“M&A”) transactions in the Canadian oil and natural gas industry in 2018 dropped 73 per cent year-over-year, plummeting to $11.9 billion.
March 27, 2019, 6 AM MDT
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”), 75%+ of which is now available for third party leasing opportunities.
March 27, 2019, 6 AM MDT
APL holds 100% working interest in ~20 sections at Kaybob that are available for farmout and/or acquisition.
March 27, 2019, 6 AM MDT
Tidewater Midstream and Infrastructure Ltd. has divested its Pipestone gas plant's 32 MW cogeneration units to Kineticor Resource Corp., a privately held power developer focused on thermal generation in Canada.
March 25, 2019, 6:43 AM MDT
March 22, 2019, 8:37 AM MDT
Murphy Oil Corporation announced today that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries, Murphy Sabah Oil Co., Ltd. and Murphy Sarawak Oil Co., Ltd., to a subsidiary of PTT Exploration and Production Public Company Limited (PTTEP).
March 21, 2019, 7:24 AM MDT
Williams announced a series of transactions that will establish a new platform for the optimization of its midstream operations in the western Marcellus and Utica basins through a long-term partnership with Canada Pension Plan Investment Board (CPPIB).
March 19, 2019, 7:15 AM MDT
Precision Drilling Corporation announced transactions to divest its five Mexico based drilling rigs and water treatment business branded Terra Water Systems.
March 18, 2019, 12 AM MDT
APL holds 100% working interest in ~20 sections at Kaybob that are available for farmout and/or acquisition.
March 13, 2019, 6:51 AM MDT
March 12, 2019, 8:23 AM MDT
On February 26, 2019, Elcano Exploration Inc. and its affiliates Elcano Exploration Ltd. and Elcano Energy Partnership (collectively, "Elcano" or the "Company") commenced restructuring proceedings under the Companies' Creditors Arrangement Act ("CCAA") pursuant to an initial order (the “Initial Order”) granted by the Alberta Court of Queen’s Bench (the "Court"). Hardie & Kelly Inc.
March 7, 2019, 6:49 AM MST
Crescent Point Energy Corp. says its 2019 capital budget is expected to generate over $400 million of excess cash flow, based on current strip prices, which will be used for net debt repayment and additional share repurchases.
March 7, 2019, 11:20 AM MST
Questerre Energy Corporation announced a purchase and sale agreement with a senior exploration and production company to acquire all their assets in Quebec.
March 7, 2019, 3:50 AM MST
Pengrowth Energy Corporation’s top executive says the company is undertaking a strategic review to “evaluate various pathways to maximize Pengrowth's enterprise value and align it to the value of our two long-life low-decline assets.”
March 6, 2019, 10:40 AM MST
March 4, 2019, 8:24 AM MST
March 1, 2019, 8:23 AM MST
Wolverine Energy and Infrastructure Inc. closed its previously announced acquisition of a leading environmental services division from a major midstream provider.
March 1, 2019, 3:17 AM MST
PrairieSky has over 35 Townships of Fee land over the Lethbridge Block in Southern Alberta prospective for light oil and gas exploration and development.
February 26, 2019, 6 AM MST
SemCAMS Midstream ULC has closed on its acquisition of Meritage Midstream ULC’s midstream infrastructure assets in the prolific Alberta Montney resource play.
February 26, 2019, 6 AM MST
Clearview Resources Ltd. has purchased oil and gas assets focused in its core area of west-central Alberta for total consideration of $9.5 million.
February 26, 2019, 3:45 AM MST