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
Connacher Oil and Gas Limited announced the termination of the plan sponsorship agreement with East River Oil and Gas Ltd.
February 19, 2019, 12 AM MST
Aureus Energy Services Inc. has acquired all of the outstanding shares of Amperage Energy Inc.
February 14, 2019, 6 AM MST
Encana Corporation has completed its acquisition of Newfield Exploration Co. in an all-stock transaction.
February 14, 2019, 8:04 AM MST
Encana Corporation and Newfield Exploration Co. announced that the proposals necessary for the companies’ planned strategic combination were approved at a special shareholder meetings held today.
February 12, 2019, 8:24 AM MST
On Feb. 1, 2019, Connacher Oil and Gas Limited and East River Oil and Gas Ltd. said that there’s been an extension of the time to complete the restructuring transaction to March 29, 2019.
February 4, 2019, 3:56 AM MST
Ensign Energy Services Inc. and Trinidad Drilling Ltd. announced that at a meeting, holders of common shares of Trinidad approved the amalgamation of Trinidad and Ensign Holdings Inc., a wholly-owned subsidiary of Ensign.
February 1, 2019, 12 AM MST
In another year where North American deals dominated upstream M&A activity, Evaluate Energy’s latest Global M&A review shows that Canada saw US$11.2 billion in new deals announced in 2018. The full M&A review can be downloaded at this link.
January 28, 2019, 6 AM MST
Despite some positive signs of stability in oil and gas markets during 2018, the overall M&A spend in the upstream sector globally fell to its lowest level in at least a decade. The value of announced upstream deals reached just $132 billion; a 12% decline on the $151 billion recorded the year prior even though oil prices enjoyed their best year since the 2014 price downturn.
January 24, 2019, 12 AM MST
For our annual forecast of upcoming M&A activity, Sayer Energy Advisors will look back on our predictions from January 2018 to see how they stood up throughout the year, while also outlining our predictions for the upcoming year.
January 23, 2019, 7:41 AM MST
January 23, 2019, 11:40 AM MST
Shawcor Ltd. will acquire all of the issued and outstanding common shares of ZCL Composites Inc. by way of a court-approved plan of arrangement, for a purchase price of $10 per share, payable entirely in cash.
January 21, 2019, 3:35 AM MST
January 18, 2019, 11:13 AM MST
Husky Energy Inc.’s bid for MEG Energy Corp. has fallen short.
January 17, 2019, 4:12 AM MST
Pulse Seismic Inc. has completed the acquisition of Seitel Canada Ltd.
January 16, 2019, 3:57 AM MST
Privately-held HydrEra Water Services Canada and LV Energy Services Ltd. are joining forces after announcing earlier this week they entered into an agreement to combine their respective specialty fluid companies on Dec. 29, 2018.
January 11, 2019, 10:45 AM MST
Tulsa, Oklahoma-based SemGroup Corporation and KKR today announced the formation of a joint venture to create a Canadian midstream infrastructure platform, SemCAMS Midstream ULC.
January 10, 2019, 9:42 AM MST
Ensign Energy Services Inc. and Trinidad Drilling Ltd. announced Wednesday that Trinidad has entered into an amalgamation agreement with Ensign Holdings Inc. (Holdings), a wholly-owned subsidiary of Ensign, under which Trinidad will amalgamate with Holdings, with the amalgamated entity (Amalco) becoming an wholly-owned subsidiary of Ensign.
January 10, 2019, 7:22 AM MST
January 7, 2019, 10:41 AM MST
January 3, 2019, 8:22 AM MST
Ensign Energy Services Inc.’s offer to purchase all the common shares of Trinidad Drilling Ltd. for $1.68 per share has expired.
December 24, 2018, 12 AM MST
Briko Energy Corp. on Thursday began operations as a new junior oil and gas exploration and development company.
December 21, 2018, 3:56 AM MST
December 20, 2018, 12 AM MST
December 20, 2018, 7:07 AM MST
Husky Energy Inc. announced it has met all regulatory requirements for its full and fair offer to acquire MEG Energy Corp., including approval granted under the Investment Canada Act.
December 18, 2018, 7:15 AM MST