Canadian National Railway Company moved about 143,000 carloads of petroleum and chemical products — the category that includes crude-by-rail — for the second quarter of 2021, which is up nine per cent from Q2 last year.
July 21, 2021, 6:27 AM MDT
July 21, 2021, 12 AM MDT
July 19, 2021, 3:38 AM MDT
July 19, 2021, 3:48 AM MDT
Kinder Morgan, Inc. has agreed to acquire Indianapolis-based Kinetrex Energy from an affiliate of Parallel49 Equity.
July 19, 2021, 7:12 AM MDT
A two-year consolidation initiative in the Alberta Deep Basin and B.C. Montney complexes is now essentially complete, Tourmaline Oil Corp. reported Thursday. The table, prepared by CanOils, shows deals since November 2020.
July 16, 2021, 5:31 AM MDT
Topaz Energy Corp. has entered into definitive agreements with Tourmaline Oil Corp. for the purchase of gross overriding royalty interests on approximately 296,000 gross acres in the northeast B.C. Montney play area, for total cash consideration of $145 million, which will be funded through Topaz’s existing credit facilities.
July 16, 2021, 7:19 AM MDT
Cardinal Energy Ltd. has closed the previously announced acquisition of Venturion Oil Limited.
July 16, 2021, 12 AM MDT
Tourmaline Oil Corp. says its two-year consolidation initiative in the Alberta Deep Basin and B.C. Montney complexes is now essentially complete, as it announced the closing of two strategic North Montney transactions — including one involving Paramount Resources Ltd.’s land and assets in the Birch area — as well as a North Montney GORR transaction with Topaz Energy Corp.
July 15, 2021, 3:56 PM MDT
July 15, 2021, 6:15 AM MDT
July 14, 2021, 6:21 AM MDT
July 13, 2021, 6:45 AM MDT
Penn Virginia Corporation and Lonestar Resources US Inc. today announced that they have entered into a definitive merger agreement under which Penn Virginia will acquire Lonestar in an all-stock transaction.
July 12, 2021, 8:48 AM MDT
July 9, 2021, 12 AM MDT
Secure Energy Services Inc. and Tervita Corporation closed the merger of the two companies.
July 2, 2021, 7:37 AM MDT
Mullen Group Ltd. has acquired Winnipeg-based R.S. Harris Transport Ltd.
July 2, 2021, 8:55 AM MDT
A trend that we have witnessed during the recent wave of consolidation in the Canadian oil and natural gas industry is a significant number of privately-held oil and natural gas companies achieving liquidity by selling to publicly-traded companies for shares.
June 30, 2021, 6:57 AM MDT
The Competition Bureau is seeking to block Secure Energy Services Inc.'s proposed acquisition of Tervita Corporation “to protect competition for customers of oil and gas waste services in Western Canada.”
June 30, 2021, 7:33 AM MDT
The boards of directors and the largest shareholders of Kiwetinohk Resources Corp. and Distinction Energy Corp. have agreed to combine.
June 28, 2021, 7:19 AM MDT
Surge Energy Inc.’s top executive says that as the groundwork was being laid for his company’s $160 million deal to acquire all of the issued and outstanding common shares of privately-held Astra Oil Corp., it became apparent the two sides were a perfect fit to get the transaction done.
June 24, 2021, 5:18 AM MDT
Journey Energy Inc. is acquiring a private company.
June 24, 2021, 9:50 AM MDT
Surge Energy Inc. announced a $160 million deal in southeast Saskatchewan this week in a deal that the company says opens up a new core area with “high light oil netbacks, low-cost production efficiencies and quick drilling payouts.”
June 23, 2021, 8:10 AM MDT
Surge Energy Inc. has agreed to acquire all of the issued and outstanding common shares of Astra Oil Corp. by way of a statutory arrangement for total consideration of $160 million.
June 22, 2021, 4:46 PM MDT
Inter Pipeline Ltd. has applied to the Alberta Securities Commission (ASC) for, among other relief, an order that Brookfield Infrastructure Partners L.P. “address its inadequate disclosure of material issues related to its takeover bid.”
June 21, 2021, 7:38 AM MDT
Secure Energy Services Inc. and Tervita Corporation received the final order from the Court of Queen's Bench for Secure’s acquisition of Tervita.
June 21, 2021, 12 AM MDT