Paramount Resources Ltd. has entered into an agreement with an affiliate of CSV Midstream Solutions Corp. to sell its Karr 6-18 natural gas facility and related midstream assets for total cash consideration of approximately $330 million plus a $140 million capital commitment.
June 28, 2019, 9:33 AM MDT
While Pieridae Energy Limited’s C$190 million acquisition of Shell Canada Energy’s midstream and upstream assets in the southern Alberta Foothills is another positive step forward for the proposed $10-billion Goldboro LNG in Nova Scotia, a final investment decision (FID) is not imminent, a company official says.
June 27, 2019, 11:10 AM MDT
Devon Canada Corporation has filed with the Alberta Energy Regulator to transfer approvals for its 120,000-bbl/d Jackfish SAGD project to Canadian Natural Resources Limited.
June 27, 2019, 3:08 PM MDT
Pieridae Energy Limited has signed a purchase and sale agreement with Shell Canada Energy to acquire all of Shell’s midstream and upstream assets in the southern Alberta Foothills for C$190 million.
June 26, 2019, 2:46 PM MDT
June 25, 2019, 8:04 AM MDT
East West Petroleum Corp. has entered into a heads of agreement dated June 24, 2019, with a private arm's length New Zealand company, pursuant to which it has agreed to sell its interest in Petroleum Exploration Permit 54877 and Petroleum Mining Permit 60291.
June 24, 2019, 10:07 AM MDT
June 24, 2019, 8:04 AM MDT
EY, in its capacity as Monitor of the Canada North Group of Companies ("CNC"), is currently seeking proposals to liquidate or offers to purchase CNC's remaining assets located at its former HML camp site.
June 20, 2019, 6 AM MDT
Southern Energy Corp. has completed its previously announced acquisition of high quality, low decline natural gas assets in Mississippi for cash consideration of US$16.5 million ($22.0 million), subject to customary adjustments.
June 17, 2019, 11:31 AM MDT
EY, in its capacity as Monitor of the Canada North Group of Companies ("CNC"), is currently seeking proposals to liquidate or offers to purchase CNC's remaining assets located at its former HML camp site.
June 13, 2019, 6 AM MDT
Obsidian Energy Ltd. is continuing to focus on the Cardium with a recent deal to sell its stake in the Peace River Oil Partnership (PROP) while actively marketing its Alberta Viking assets.
June 6, 2019, 8:55 AM MDT
June 5, 2019, 7:52 AM MDT
Canada’s largest oil and gas producer just got bigger as Canadian Natural Resources Limited announced this morning it is acquiring Devon Energy Corporation’s Canadian assets for $3.78 billion.
May 29, 2019, 3:51 AM MDT
May 28, 2019, 8:28 AM MDT
TC Energy Corporation has entered into an agreement to sell an 85 per cent equity interest in Northern Courier pipeline to Alberta Investment Management Corporation (AIMCo).
May 28, 2019, 7:36 AM MDT
Bringing on new wells in 2018, minimal downtime through the winter and a completed acquisition boosted Clearview Resources Ltd.’s production in the first quarter of 2019.
May 28, 2019, 9:21 AM MDT
Matrrix Energy Technologies Inc. has sold all of the assets related to its directional drilling division for approximately $1.5 million cash to a private directional drilling provider.
May 28, 2019, 5:11 AM MDT
May 27, 2019, 12 AM MDT
Hardie & Kelly Inc. in its capacity as Court appointed Receiver (the “Receiver”) of R.I.I. North America Inc. (“RIINA”) is accepting offers for RIINA’s right , title and interest in the registered patents and patent applications in the jurisdictions of Canada, United States and Mexico (the “IP”) associated with an enhanced oil recovery technology, called the solvent thermal resource innovations process (“STRIP), intended to cost effectively introduce heat and CO2 to oil bearing formations with a view to increasing the value and extending the life of heavy oil and bitumen reservoirs through improved recovery factors.
May 24, 2019, 6 AM MDT
Imperial Oil Resources Limited ("Imperial"), on behalf of ExxonMobil Canada Energy ("ExxonMobil"), has initiated a process for the disposition of the Harmattan asset consisting of operated and non-operated properties located in central Alberta as further outlined below.
May 23, 2019, 8:57 AM MDT
St. Albert- based Samoth Oilfield Inc. says it has entered into an agreement to dispose of its entire portfolio of natural gas wells and related assets to a private arm's length purchaser.
May 22, 2019, 11:11 AM MDT
Imperial Oil Resources Limited ("Imperial"), on behalf of ExxonMobil Canada Energy ("ExxonMobil"), has initiated a process for the disposition of the Harmattan asset consisting of operated and non-operated properties located in central Alberta as further outlined below.
May 21, 2019, 7:23 AM MDT
Pulse Seismic has seismic data for upcoming Alberta Land Sales in T50-60 R12-25W5.
May 21, 2019, 7:29 AM MDT
Prairie Provident Resources Inc. has entered into an agreement to secure an exclusive option to acquire up to 21 additional sections of land in the Princess area by year-end.
May 21, 2019, 7:52 AM MDT
A partnership that nine years ago sold its 45 per cent minority stake for $817 million is now selling its 55 per cent majority position for less than $100 million.
May 17, 2019, 4:45 AM MDT