Despite an ownership battle going on in the background, Inter Pipeline Ltd.’s pipeline and NGL fractionation and marketing businesses continue running smoothly, president and chief executive officer Christian Bayle said in announcing the company’s 2021 second quarter results.
August 6, 2021, 8:11 AM MDT
SCF Partners (SCF) announced that Variperm Canada Limited has acquired RGL Reservoir Management Inc. and its wholly owned subsidiary Pacific Perforating, Inc.
July 30, 2021, 12 AM MDT
Surge Energy Inc. touted its cash flow "torque" to rising crude oil prices in 2022.
July 30, 2021, 12 AM MDT
Spartan Delta Corp. has entered into a definitive agreement to acquire Velvet Energy Ltd., a privately held light-oil Montney producer with operations primarily in the Gold Creek, Karr and Pouce Coupe areas of northwest Alberta, for total consideration of approximately $743.3 million.
July 28, 2021, 3:07 PM MDT
Tamarack Valley Energy Ltd. posted strong second quarter results driven by the successful integration of Anegada Oil Corp. along with the continued execution of the company’s Clearwater and waterflood operations.
July 28, 2021, 10:33 AM MDT
Canadian Pacific Railway Limited moved 76,100 carloads of energy, chemical and plastics freight (the category that includes crude-by-rail) for the second quarter, which is up 21 per cent from Q2 of 2020, and senior management expects continued strength in this segment with further economic recovery during the rest of 2021.
July 28, 2021, 8:29 PM MDT
July 28, 2021, 12 AM MDT
Pembina Pipeline Corporation has terminated its arrangement agreement with Inter Pipeline Ltd.
July 26, 2021, 5:30 AM MDT
Precision Drilling Corporation employee recruitment and training practices represent a competitive advantage for the company coming out of the downturn, ensuring a sustained, strong market position, says top brass.
July 23, 2021, 7:27 AM MDT
On Thursday, Strathcona Resources Ltd. said it completed a strategic acquisition of Montney assets in the Resthaven area.
July 23, 2021, 5:09 AM MDT
Certus Oil and Gas Inc. acquired Sitka Exploration Ltd., effective July 16, 2021.
July 23, 2021, 6:36 AM MDT
Buoyed by a series of acquisitions and internal growth, Mullen Group Ltd. generated second quarter consolidated revenue of $312.5 million, an increase of $55 million, or 21.4 per cent, from revenue of $257.5 million a year earlier.
July 22, 2021, 11:06 AM MDT
Europe’s oil and gas majors again led the way in terms of green and renewable energy sector deal-making among oil producing peers in Q2, according to Evaluate Energy’s latest M&A report.
July 22, 2021, 12 AM MDT
A series of high value mergers in the U.S. Permian Basin led to a sharp increase in global upstream deal value in Q2, according to Evaluate Energy’s latest quarterly M&A report.
July 21, 2021, 6 AM MDT
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