One of the major reasons for the US$23.3-billion purchase of U.S. refiner Andeavor by competitor Marathon Petroleum Corporation was to better supply the fast growing Mexican gasoline market, Marathon executives said Monday.
May 1, 2018, 9:55 AM MDT
April 30, 2018, 8:30 AM MDT
April 30, 2018, 8:12 AM MDT
Global oil and gas M&A activity in Q1 2018 suggests that confidence is once again returning to the E&P sector, according to a new report released today by Evaluate Energy.
April 25, 2018, 7:54 AM MDT
In the first quarter of 2018 there were a significant number of oil and natural gas companies which publicly announced strategic alternatives processes.
April 25, 2018, 7:02 AM MDT
April 19, 2018, 3:26 AM MDT
Vermilion Energy Inc. has entered into an arrangement agreement to acquire Spartan Energy Corp., a southeast Saskatchewan oil and gas focused producer, with annual production of approximately 23,000 boe/d (91 per cent oil).
April 16, 2018, 6:29 AM MDT
Aveda Transportation and Energy Services Inc. has entered into an arrangement agreement with Daseke, Inc.
April 16, 2018, 8:12 AM MDT
ConocoPhillips recently acquired about 35,000 net acres in the Montney play for approximately $120 million.
April 3, 2018, 6 AM MDT
April 3, 2018, 8:26 AM MDT
April 3, 2018, 6 AM MDT
April 2, 2018, 9:13 AM MDT
Clearview Resources Ltd. has agreed to a “three cornered” amalgamation.
March 29, 2018, 6 AM MDT
Connacher Oil and Gas Limited says that an agreement reached with first lien holders creates a path to exit CCAA.
March 29, 2018, 6:04 AM MDT
The total enterprise value of merger and acquisition (“M&A”) transactions in the Canadian oil and natural gas industry jumped 78 per cent in 2017, surging to $43.5 billion from the $24.5 billion recorded in 2016.
March 28, 2018, 6 AM MDT
March 28, 2018, 7:41 AM MDT
Earlier this month, Waterous Energy Fund outlined a proposal to take Cona Resources Ltd. private.
March 28, 2018, 3:47 AM MDT
March 23, 2018, 8:48 AM MDT
Since oil prices plummeted in late 2014, the ownership structure of the Canadian oilsands has been dramatically altered and we’ve seen projects move further under Canadian control.
March 20, 2018, 6:57 AM MDT
March 20, 2018, 10:49 AM MDT
Stantec has signed a letter of intent to acquire Norwest.
March 19, 2018, 11:17 AM MDT
STEP Energy Services Ltd. has closed its bought deal equity financing, raising gross proceeds of $56.31 million.
March 15, 2018, 7:42 AM MDT
Cona Resources Ltd. has reduced 2018 capital spending to $44.5 million, with a corresponding estimated 450 boe/d production impact, while the company’s largest shareholder aims to take it private at $2.55 per common share.
March 7, 2018, 10:38 AM MST
Vermilion Energy Inc.'s 2017 annual production volumes increased by seven per cent to 68,021 boe/d from 63,526 boe/d a year earlier.
March 2, 2018, 6 AM MST
Newalta Corporation and Tervita Corporation have entered into an arrangement agreement to combine their businesses and create a publicly traded energy-focused environmental solutions provider in Canada providing waste processing, treating, recycling and disposal services to customers in the oil and gas, mining and industrial sectors.
March 1, 2018, 4:15 AM MST