Exxon Mobil Corporation is looking for M&A opportunities that leverage or extend its own technologies or skillsets to build out its Low Carbon Solutions business, chief executive officer Darren Woods said during a brief update on M&A during the company’s second quarter conference call.
August 11, 2023, 10:35 AM MDT
Adam Waterous, the executive chair of Strathcona Resources Ltd. and CEO of Waterous Energy Fund (WEF), described the company’s “guiding principles” following the announced acquisition of Pipestone Energy Corp.
August 1, 2023, 9:20 AM MDT
Strathcona Resources Ltd. will acquire all of the issued and outstanding common shares of Pipestone Energy Corp. for 100 per cent share consideration.
August 1, 2023, 12 AM MDT
Deals announced today by Strathcona Resources Ltd. (click here for more detail) and Athabasca Oil Corporation (click here for more detail) entered to top 10 Canadian deals for 2023, ranked by acquisition cost.
August 1, 2023, 8 AM MDT
While relatively healthy in terms of the dollar figure, total western Canadian oil and gas sector merger and acquisition (M&A) activity in the first half of 2023 was largely dominated by two larger deals, say industry M&A analysts.
July 17, 2023, 7:44 AM MDT
Highwood Asset Management Ltd. announced that, in connection with its previously announced "best efforts" marketed offering of subscription receipts, it has entered into an agency agreement with a syndicate of agents led by RBC Dominion Securities Inc., Echelon Wealth Partners Inc. and Raymond James Ltd. sell 5,833,333 subscription receipts at a price of $6.00 per subscription receipt for gross proceeds to the Company of approximately $35 million.
July 11, 2023, 12 AM MDT
Evaluate Energy’s latest M&A review shows that upstream M&A activity hit $36 billion worldwide in Q2 2023 against a backdrop of falling commodity prices.
July 6, 2023, 6 AM MDT
High value corporate mergers in the global upstream sector are becoming increasingly cash based.
July 5, 2023, 12 AM MDT
Highwood Asset Management Ltd. announced arm's-length agreements to acquire Castlegate Energy Ltd., Boulder Energy Ltd. and Shale Petroleum Ltd. for a net purchase price of approximately $139 million.
July 5, 2023, 7:50 AM MDT
The highest value transaction to date, and making up the bulk of the total transaction value in the second quarter of 2023, is ConocoPhillips’ pending acquisition of the remaining 50 per cent interest in the Surmont oilsands project held by TotalEnergies EP Canada Ltd. for a cash payment of approximately $4.0 billion on closing and additional contingent payments of up to $440.0 million.
June 28, 2023, 6 AM MDT
June 23, 2023, 5:39 AM MDT
Gibson Energy Inc. announces the closing of its bought deal offering of subscription receipts.
June 22, 2023, 10:21 AM MDT
Baytex Energy Corp. announced Tuesday the closing of its acquisition of Ranger Oil Corporation.
June 21, 2023, 9:16 AM MDT
June 21, 2023, 5:39 AM MDT
Criterium Energy Ltd., an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce that it has executed a sale and purchase agreement on June 14, 2023, to acquire all the issued and outstanding shares of Mont D’Or Petroleum Limited.
June 16, 2023, 6 AM MDT
Criterium Energy Ltd., an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce that it has executed a sale and purchase agreement on June 14, 2023, to acquire all the issued and outstanding shares of Mont D’Or Petroleum Limited.
June 15, 2023, 8:21 AM MDT
360 Energy Liability Management Ltd. (360) is pleased to announce the strategic acquisition of Astute Environmental and Regulatory (Astute).
June 5, 2023, 12 AM MDT
360 Energy Liability Management Ltd. (360) is pleased to announce the strategic acquisition of Astute Environmental and Regulatory (Astute).
June 1, 2023, 11 AM MDT
May 23, 2023, 12 AM MDT
Upstream M&A deal spend totalled $16 billion globally — a 19% drop on Q4 2022 — as reduced activity mirrored a downward trend in oil prices, according to Evaluate Energy’s latest M&A infographic.
May 16, 2023, 12 AM MDT
Recently, we have seen a number of privately-held oil and natural gas companies emerge as active buyers of oil and natural gas assets.
April 26, 2023, 6 AM MDT
April 24, 2023, 7:17 AM MDT
April 13, 2023, 9:57 AM MDT
April 12, 2023, 11:02 AM MDT
April 10, 2023, 12 AM MDT
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