Every January, Sayer Energy Advisors publishes its forecast for mergers and acquisitions (“M&A”) activity in the Canadian upstream oil and natural gas industry for the upcoming year.
January 27, 2021, 7:54 AM MST
Deals in the United States and Canada were responsible for around 84% of the $93 billion in upstream deals agreed worldwide in Q4 2020, according to the latest data from Evaluate Energy.
January 26, 2021, 8:13 AM MST
Topaz Energy Corp. has acquired a working interest certain Alberta Montney water infrastructure assets.
January 25, 2021, 3:40 PM MST
Obsidian Energy Ltd. has again extended the expiry of its offer to purchase all of the issued and outstanding common shares of Bonterra Energy Corp. until 5 p.m. (Mountain) on March 29, 2021.
January 25, 2021, 5:40 AM MST
January 21, 2021, 8:07 AM MST
Five multibillion-dollar deals made Q4 2020 one of the highest value quarters for upstream M&A in recent memory, totalling US$43 billion based on new research from Evaluate Energy.
January 19, 2021, 8:46 AM MST
Knowledge Energy Inc. (“Knowledge” 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 Alberta, specifically in the Provost, Wildmere, Veteran and Morningside areas west of the Fourth Meridian and in the Mirage, Sneddon and Bonanza areas west of the Sixth Meridian (the “Properties”).
January 18, 2021, 8:45 AM MST
January 13, 2021, 11:17 AM MST
Three Canadian upstream M&A deals rank in the 10 largest E&P transactions by acquisition value around the world in the past decade, according to new data from Evaluate Energy.
January 12, 2021, 7:45 AM MST
January 12, 2021, 11:18 AM MST
On October 29, 2020, BDO Canada Limited was appointed as the receiver and manager (the “Receiver”) of Bow River Energy Ltd. (“Bow River” or the “Company”) pursuant to an Order of the Court of Queen’s Bench of Alberta.
January 6, 2021, 8:30 AM MST
Spartan Delta Corp. firmed up its capital spending guidance for 2021 to $43 million from a previous range of $40 million-$43 million.
January 6, 2021, 6:09 AM MST
Freehold Royalties Ltd. has closed its previously announced acquisition of U.S. royalty assets for US$58 million.
January 5, 2021, 3:19 PM MST
Topaz Energy Corp. completed two previously announced gross overriding royalty acquisitions.
January 4, 2021, 6:29 AM MST
Journey Energy Inc. reports that the previously announced disposition of its Countess area assets has been mutually deferred with the purchaser to a new closing date of Feb. 1, 2021.
December 31, 2020, 7:04 AM MST
Arrow Exploration Corp. reports the closing of the arm’s length disposition of the LLA-23 Block to COG Energy Ltd., as previously announced on Aug. 24, 2020.
December 31, 2020, 10:40 AM MST
JWN Energy is currently offering four e-learning courses.
December 30, 2020, 9:39 AM MST
Denbury Inc. has entered into an agreement with a subsidiary of Devon Energy Corporation to acquire a nearly 100 per cent working interest (approximately 83 per cent net revenue interest) in the Big Sand Draw and Beaver Creek oilfields located in Freemont County, Wyo., for a cash purchase price of US$12 million.
December 30, 2020, 10:09 AM MST
Tamarack Valley Energy Ltd. closed of the sale of a newly created two per cent gross overriding royalty to Topaz Energy Corp. on a select portion of the acquired Clearwater properties completed on Dec. 21, 2020.
December 23, 2020, 1:53 PM MST
December 22, 2020, 12 AM MST
December 22, 2020, 8:05 AM MST
Tamarack Valley Energy Ltd. closed two strategic acquisitions, which establish a significant consolidated and operated position in the Clearwater oil play in the Greater Nipisi area, along with interests in the Jarvie area of Alberta, for a total net purchase price of $74 million, after deducting the proceeds from the sale of a two per cent newly created gross overriding royalty on a select portion of the acquired properties.
December 22, 2020, 4:41 AM MST
December 21, 2020, 7:41 AM MST
December 21, 2020, 7:52 AM MST
Tamarack Valley Energy Ltd. on Monday afternoon announced two strategic acquisitions which will establish a significant consolidated and operated position in the Clearwater oil play in the Greater Nipisi area along with interests in the Jarvie area of Alberta for a total net purchase price of $74 million.
December 14, 2020, 2:03 PM MST