Marquee Energy Ltd. signed a purchase and sale agreement on Aug. 29, 2018 to divest approximately 195 boe/d of non-core assets for gross proceeds of $6.6 million.
August 30, 2018, 8:16 AM MDT
The total enterprise value of merger and acquisition (“M&A”) activity in the Canadian oil and natural gas industry in the first half of 2018 was approximately $7.5 billion, down 79 per cent from the record high of $36.4 billion recorded in the first six months of 2017.
August 29, 2018, 6:59 AM MDT
Sayer Energy Advisors has been engaged to assist Canstone Energy Ltd. (“Canstone” or the “Company”) with the sale of all of its oil and natural gas properties, which are generally located in the greater Twining area, including the Equity, Ghost Pine, Huxley, Keivers Lake, Lone Pine, North Twining, Stewart Lake, Swalwell, Trochu and Twining areas of Alberta (the “Properties”).
August 29, 2018, 6 AM MDT
August 29, 2018, 10:20 AM MDT
August 29, 2018, 7:50 AM MDT
Eagle Energy Inc. has closed the sale of its entire interest in the oil and natural gas properties near Twining, Alberta to a third party for cash consideration of C$13.82 million before customary post-closing adjustments.
August 29, 2018, 3:46 AM MDT
August 27, 2018, 8:42 AM MDT
August 27, 2018, 9:05 AM MDT
August 24, 2018, 7:28 AM MDT
Sayer Energy Advisors has been engaged to assist AlphaBow Energy Ltd. (“AlphaBow” or the “Company”) with the sale of its non-core oil and natural gas properties located in the Aerial, Michichi and Greater Michichi areas of Alberta (the “Properties”).
August 23, 2018, 6:59 AM MDT
August 23, 2018, 6:44 AM MDT
Creditors’ meetings will be held Oct. 3 in Calgary allowing creditors to vote on an amended and restated plan of compromise arrangement for Connacher Oil and Gas Limited.
August 23, 2018, 8:43 AM MDT
August 23, 2018, 8:26 AM MDT
Shearwater GeoServices Holding AS and Schlumberger entered into a definitive agreement for Shearwater to acquire the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger.
August 22, 2018, 3:33 AM MDT
Point Loma Resources Ltd. has closed the acquisition of an additional working interest in an oil property acquired in June 2018.
August 22, 2018, 7:15 AM MDT
Irving Oil Limited has signed agreements to acquire the Tedcastle group of companies, an Irish-based energy marketing and distribution organization, which operates under the brand name Top Oil.
August 21, 2018, 8:15 AM MDT
August 20, 2018, 10:24 AM MDT
Crimson Energy Ltd. has filed an early warning report in accordance with the requirements of applicable securities laws in respect of its shareholdings of Pulse Oil Corp.
August 20, 2018, 3:34 AM MDT
August 17, 2018, 3:36 AM MDT
Private investment firm Thoma Bravo, LLC has agreed to acquire Quorum Software from Silver Lake.
August 16, 2018, 11:28 AM MDT
Pieridae Energy Limited, which is seeking to develop a LNG export project in Canada, appointed KfW IPEX-Bank as an adviser to assist it to finalize a multibillion U.S. dollar untied loan guarantee from the German federal government under its UFK program (Garantien für ungebundene Finanzkredite).
August 15, 2018, 7:49 AM MDT
August 15, 2018, 3:17 AM MDT
Devon Energy Corporation is selling 9,600 net acres of non-core Delaware Basin acreage in Ward and Reeves County to Carrizo Oil and Gas for $215 million.
August 15, 2018, 3:46 AM MDT
Junex Inc. and Cuda Energy Inc. completed a business combination and will form a combined entity named Cuda Oil and Gas Inc.
August 15, 2018, 9:51 AM MDT
August 13, 2018, 8:40 AM MDT