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
Enbridge Inc. and Spectra Energy Partners, LP have completed a previously announced merger pursuant to an agreement and plan of merger dated as of Aug. 24, 2018.
December 17, 2018, 7:31 AM MST
International Petroleum Corporation and BlackPearl Resources Inc. have closed the deal in which IPC is acquiring BlackPearl.
December 14, 2018, 10:44 AM MST
Ensign Energy Services Inc. now owns or controls 237.01 million, or approximately 86.67 per cent, of the outstanding common shares of Trinidad Drilling Ltd.
December 11, 2018, 3:23 AM MST
Finning International Inc. has reached an agreement to acquire 100 per cent of 4Refuel Canada and 4Refuel US for approximately $260 million.
December 11, 2018, 6 AM MST
International Petroleum Corp. and BlackPearl Resources Inc. securityholders approved the strategic business combination of the companies.
December 7, 2018, 10:40 AM MST
November 30, 2018, 5:32 AM MST
With a controlling interest of greater than 66-and-two-thirds per cent of the Trinidad Drilling Ltd., Ensign Energy Services Inc. will succeed in acquiring all of the Trinidad shares at $1.68 per share, either through a compulsory acquisition or a subsequent acquisition transaction to acquire the remaining shares.
November 29, 2018, 5:23 AM MST
Precision Drilling Corporation has terminated the arrangement agreement dated Oct. 5, 2018, with Trinidad Drilling Ltd. following the announcement by Ensign Energy Services Inc. that it had taken up 56.38% of the outstanding common shares of Trinidad pursuant to its unsolicited offer to purchase and takeover bid circular.
November 28, 2018, 3:15 AM MST
The current oil price differentials are impacting the Canadian oil and natural gas industry in unprecedented ways. The price of Western Canadian Select (“WCS”) hit a recent low in the second half of 2018, dipping below US$14 per bbl.
November 28, 2018, 7:21 AM MST
Ensign Energy Services Inc. announced late this morning that the conditions to its offer for shares of Trinidad Drilling Ltd. at $1.68 per share have been satisfied or waived and it has taken up the Trinidad shares deposited to the offer as of 10:00 a.m. on Nov. 27, 2018.
November 27, 2018, 11:53 AM MST
Trinidad Drilling Ltd.’s board of directors intends to waive the application of its shareholder rights plan on Nov. 23, 2018 as the shareholder rights plan is no longer required for its intended purpose.
November 23, 2018, 3:55 AM MST
Marquee Energy Ltd.’s shareholders and optionholders overwhelmingly voted in favour of a special resolution to approve the proposed plan of arrangement with Prairie Provident Resources Inc.
November 21, 2018, 8:42 AM MST
Ensign Energy Services Inc. says it is varying certain terms and conditions of its all-cash offer dated Aug. 30, 2018 to acquire, all of the issued and outstanding common shares of Trinidad Drilling Ltd. to shorten the time period for acceptance of the offer.
November 19, 2018, 9:56 AM MST
November 16, 2018, 7:08 AM MST
Prairie Provident Resources Inc. said that, in connection with its previously-announced acquisition of Marquee Energy Ltd., the company elected to obtain requisite approval of the Prairie Provident shareholders by written consent.
November 14, 2018, 10:49 AM MST