Data in CanOils’s new M&A review shows that M&A activity within Canada’s upstream sector was a seasonal norm of just C$161 million in August 2017, a substantial drop from June and July, which both saw more than C$1 billion in spending.
September 26, 2017, 7:48 AM MDT
Edmonton-based Master Flo Valve Inc. says it has acquired Dycor Technologies Inc., another long term Alberta company.
September 21, 2017, 8:36 AM MDT
Manitok Energy Inc. has completed its previously announced three-cornered amalgamation.
September 20, 2017, 8:02 AM MDT
Manitok Energy Inc. and Questfire Energy Corp. have entered into an agreement, amending the arrangement agreement dated July 5, 2017 between Manitok and Questfire, to extend the outside date for completion of the previously announced plan of arrangement among Manitok, Questfire and shareholders of Questfire to Oct. 31, 2017.
September 18, 2017, 12 AM MDT
Manitok Energy Inc. has entered into a definitive amalgamation agreement with Corinthian Oil Corp. and 2065718 Alberta Inc., a wholly owned subsidiary of Manitok, to acquire all of the issued and outstanding shares of Corinthian.
September 13, 2017, 7:53 AM MDT
McElhanney Land Surveys, a leading provider of surveying, mapping and GIS services in Canada and SarPoint Engineering, an industry leader in remote sensing, mapping and environmental assessment services, have announced the merging of their companies.
September 12, 2017, 6 AM MDT
Paramount Resources Ltd. and Trilogy Energy Corp. have completed a previously announced merger.
September 12, 2017, 7:58 AM MDT
September 12, 2017, 3:21 AM MDT
Paramount Resources Ltd. has received shareholder approval for its previously announced merger with Trilogy Energy Corp. at its special meeting of shareholders on Friday.
September 11, 2017, 12 AM MDT
Around US$6 billion in M&A activity involving U.K. oil and gas companies has taken place during the first half of 2017 — with more activity predicted for the remainder of the year and into 2018.
September 7, 2017, 6:46 AM MDT
Total’s purchase of Maersk Oil & Gas A/S tops the list of deals involving UK North Sea assets during 2017, according to data supplied by Evaluate Energy in London.
September 7, 2017, 6 AM MDT
September 6, 2017, 6:57 AM MDT
Veresen Inc. common shareholders have until 5 p.m. (Mountain) Sept. 20, 2017, to elect to receive either Pembina Pipeline Corporation common shares or cash pursuant to the previously announced plan of arrangement, say the companies.
September 5, 2017, 10:04 AM MDT
NCS Multistage Holdings, Inc. has finalized its acquisition of Spectrum Tracer Services, LLC.
September 1, 2017, 4:01 AM MDT
NCS Multistage Holdings, Inc. will acquire Spectrum Tracer Services, LLC by way of an $80 million merger agreement, the two companies announced Wednesday.
August 31, 2017, 9:05 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 2017 was approximately $36.1 billion, up 139 per cent from the $15.1 billion recorded in the first six months of 2016. This is the highest first half total of M&A value in the Canadian oil and natural gas sector since Sayer Energy Advisors began tracking these statistics in 1993.
August 30, 2017, 9:10 AM MDT
Institutional Shareholder Services Inc. and Glass Lewis and Co., two independent proxy advisory firms that provide voting recommendations to institutional investors, have recommended that shareholders of Paramount Resources Ltd. and Trilogy Energy Corp. vote for the proposed merger of the companies.
August 30, 2017, 11:48 AM MDT
August 28, 2017, 5:40 AM MDT
Questfire Energy Corp. announced that the previously announced acquisition by Manitok Energy Inc. of all the issued and outstanding common shares of Questfire has been approved by the holders of Questfire shares and the Court of Queen’s Bench of Alberta.
August 23, 2017, 12 AM MDT
The major C$32.1 billion in oilsands mining deals that were announced in March dominated Canadian M&A activity during the first seven months of 2017, as they comprised 87 per cent of the overall value of transactions.
August 17, 2017, 8:36 AM MDT
Apache Corporation has completed the previously disclosed sale of its Apache Canada Ltd. subsidiary to Paramount Resources Ltd., which consists of properties located principally in the provinces of Alberta and British Columbia.
August 16, 2017, 8:32 AM MDT
August 16, 2017, 3:24 AM MDT
Ironhorse Oil & Gas Inc. and Pond Technologies Inc. have entered into an arm's-length non-binding letter of intent to complete a business combination by way of takeover bid.
August 15, 2017, 3:35 AM MDT
August 15, 2017, 3:15 AM MDT
OMERS Energy Inc. and Superman Resources Inc. have entered into an amalgamation agreement dated Aug. 11, 2017, pursuant to which OMERS and Superman have combined to form Gain Energy Ltd.
August 14, 2017, 10:09 AM MDT