January 10, 2022, 7:08 AM MST
Last year was an eventful one on the M&A front in Western Canada.
January 6, 2022, 6 AM MST
Pine Cliff Energy Ltd. has closed the private company acquisition announced on Dec. 20, 2021.
January 3, 2022, 12 AM MST
December 21, 2021, 10:09 AM MST
Pine Cliff Energy Ltd. is acquiring all of the issued and outstanding common shares of a privately held oil and gas company for a cash purchase price of $22.2 million, prior to working capital adjustments.
December 20, 2021, 7:05 PM MST
Storm Resources Ltd. has closed the previously announced transaction with Canadian Natural Resources Limited.
December 20, 2021, 8:12 AM MST
Storm Resources Ltd.’s shareholders and optionholders voted to approve the previously announced transaction with Canadian Natural Resources Limited.
December 16, 2021, 12 AM MST
December 16, 2021, 12 AM MST
Tamarack Valley Energy Ltd. has entered into a definitive agreement to acquire Crestwynd Exploration Ltd., a privately held pure play Clearwater oil producer, for total consideration of $184.7 million.
December 15, 2021, 5:36 AM MST
Acquisitions by Tamarack Valley Energy Ltd. are noted above, as compiled by Evaluate Energy.
December 15, 2021, 7:49 AM MST
Days after the deal closed, safety arose as an important challenge for Cenovus Energy Inc. from the combination with Husky Energy Inc., says Alex Pourbaix, president and chief executive officer.
December 9, 2021, 6:15 AM MST
December 7, 2021, 12 AM MST
Lee Specialties, Inc. and Nexus Energy Technologies, Inc. have merged.
December 1, 2021, 4:02 PM MST
InPlay Oil Corp. and Prairie Storm Resources Corp. were granted a final order by the Court of Queen's Bench of Alberta approving the previously announced plan of arrangement involving, among others, Prairie Storm, InPlay and the holders of common shares of Prairie Storm.
November 30, 2021, 12 AM MST
Reef Resources Ltd. has entered into a new asset purchase agreement with Levant Exploration and Production Corp. acting in trust for a corporation to be incorporated pursuant to which Levant would purchase all of Reef's non-producing oil and gas assets located in Huron County, Ontario.
November 22, 2021, 9:27 AM MST
Here’s a list of the top 10 gas-weighted deals this year, according to Evaluate Energy data.
November 11, 2021, 7:29 AM MST
Canadian Natural Resources Limited is acquiring all the issued and outstanding common shares of Storm Resources Ltd. for a cash consideration of $6.28 per share.
November 10, 2021, 12 AM MST
Surge Energy Inc. continues to reduce the impact of its operations on the environment and reported that it has abandoned over 190 wells in the first nine months of 2021.
November 4, 2021, 12 AM MDT
Southwestern Energy Company has entered into a definitive agreement with the third largest private Haynesville producer GEP Haynesville, LLC under which it will acquire GEP for approximately $1.85 billion.
November 4, 2021, 7:44 AM MDT
Evaluate Energy’s latest M&A report shows that between the start of April and the end of September, the Permian Basin in the United States saw almost US$30 billion in new M&A deals announced for E&P assets.
October 28, 2021, 6 AM MDT
The total enterprise value of merger and acquisition (“M&A”) activity in the Canadian oil and natural gas industry for the first half of 2021 was approximately $11.1 billion, up 1,369% from the $754.8 million recorded in the first six months of 2020.
October 27, 2021, 6 AM MDT
October 22, 2021, 12 AM MDT
Evaluate Energy’s latest report shows that upstream M&A spending reached US$44 billion around the world during Q3 based on deals announced between July and September.
October 21, 2021, 6 AM MDT
October 21, 2021, 4:43 PM MDT
Canadian Pacific Railway Limited started moving ‘DRUbit’ during the third quarter, following completion of the diluent recovery unit near Hardisty, with the company ramping up quickly to more than 15 trains per month, says John Brooks, executive vice-president and chief marketing officer.
October 20, 2021, 10:35 AM MDT