Divestco Inc. announced that 2179602 Alberta Ltd. has emerged as the successful bidder after an SSP process.
May 1, 2019, 3:58 AM MDT
Evaluate Energy’s latest M&A report analyzing global upstream activity shows that just $9.8 billion of new oil and gas M&A deals were agreed to during the first quarter of 2019.
April 30, 2019, 6 AM MDT
ClearStream Energy Services Inc. today announced a pair of acquisitions.
April 30, 2019, 9:39 AM MDT
Murphy Oil Corporation is picking up deepwater Gulf of Mexico assets from LLOG Exploration Offshore, L.L.C. and LLOG Bluewater Holdings, L.L.C. for $1.38 billion.
April 23, 2019, 8:01 AM MDT
Hyduke Energy Services Inc. announced that effective April 16, 2019, it completed the sale of its head office building (including the manufacturing facility) located in Nisku.
April 22, 2019, 3:52 AM MDT
April 22, 2019, 9:36 AM MDT
Pine Cliff Energy Ltd. has entered into an agreement to acquire oil and natural gas assets in the Ghost Pine area of central Alberta for net cash consideration of $8.6 million, after estimated closing adjustments.
April 18, 2019, 9:12 AM MDT
April 18, 2019, 12 AM MDT
An examination of Chevron’s purchase of Anadarko Petroleum Corporation indicates the deal will result in a 48 per cent combined production increase across two of its core U.S. positions.
April 16, 2019, 8:06 AM MDT
Secure Energy Services Inc. completed two tuck-in acquisitions, providing the company with a strategic midstream footprint in one of the largest crude oil storage and trading hubs in North America.
April 16, 2019, 12 AM MDT
High Arctic Energy Services Inc. has closed on the previously announced agreement to acquire the assets of Precision Drilling Corporation’s snubbing services equipment, entirely located in Canada.
April 16, 2019, 9:05 AM MDT
April 15, 2019, 10:51 AM MDT
April 15, 2019, 8:54 AM MDT
Strategic Oil & Gas Ltd. and its wholly owned subsidiary, Strategic Transmission Ltd., has obtained creditor protection under the Companies' Creditors Arrangement Act (CCAA) pursuant to an Order granted by the Court of Queen's Bench of Alberta dated April 10, 2019.
April 11, 2019, 9:28 AM MDT
April 11, 2019, 9:35 AM MDT
Wolverine Energy and Infrastructure Inc. has entered into a purchase and sale agreement with an arm’s length, publicly-listed major international oilfield services company to acquire its production testing assets for $24 million.
April 9, 2019, 9:49 AM MDT
S.E. Sask. Mineral rights sale
April 9, 2019, 8:48 AM MDT
High Arctic Energy Services Inc. has entered into an agreement to acquire the assets of Precision Drilling Corporation’s snubbing services equipment, entirely located in Canada.
April 5, 2019, 7 AM MDT
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