Surge Energy Inc. says it has increased its light oil weighting to 55 per cent with an agreement to acquire all of the issued and outstanding common shares of light oil producer Mount Bastion Oil and Gas Corp. (MBOG) for $320 million in cash and shares by way of a statutory arrangement
September 6, 2018, 10:30 AM MDT
September 5, 2018, 11:22 AM MDT
September 4, 2018, 8:56 AM MDT
Ensign Energy Services Inc. has formally made an offer to acquire all of the issued and outstanding common shares of Trinidad Drilling Ltd., which was first announced in mid-August.
August 30, 2018, 3:28 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 2018 was approximately $7.5 billion, down 79 per cent from the record high of $36.4 billion recorded in the first six months of 2017.
August 29, 2018, 6:59 AM MDT
August 29, 2018, 7:50 AM MDT
Toscana Energy Income Corporation closed its previously announced acquisition of Cortona Energy Ltd. for aggregate consideration of approximately $12 million.
August 28, 2018, 8:02 AM MDT
Enbridge Inc. will acquire all of the outstanding public common units of Spectra Energy Partners, LP (SEP) in a transaction valued at US$3.3 billion.
August 24, 2018, 7:58 AM MDT
Pieridae Energy Limited is set to acquire Ikkuma Resources Corp. in an all stock deal, the companies announced this morning.
August 24, 2018, 9:55 AM MDT
Creditors’ meetings will be held Oct. 3 in Calgary allowing creditors to vote on an amended and restated plan of compromise arrangement for Connacher Oil and Gas Limited.
August 23, 2018, 8:43 AM MDT
With its strategic combination with Raging River Exploration Inc. officially closed, Baytex Energy Corp. is forecasting a fourth quarter production rate of approximately 97,000 to 99,000 boe/d, based on exploration and development expenditures of $275 to $325 million in the second half of 2018.
August 23, 2018, 9:08 AM MDT
Shareholders of Baytex Energy Corp. and Raging River Exploration Inc. approved their previously announced strategic combination.
August 22, 2018, 12 AM MDT
August 22, 2018, 3:26 AM MDT
High Arctic Energy Services In. has acquired all of the shares of Powerstroke Well Control Lt, increasing its snubbing and well service fleet and expanding its geographic footprint.
August 20, 2018, 7:43 AM MDT
Pieridae Energy Limited, which is seeking to develop a LNG export project in Canada, appointed KfW IPEX-Bank as an adviser to assist it to finalize a multibillion U.S. dollar untied loan guarantee from the German federal government under its UFK program (Garantien für ungebundene Finanzkredite).
August 15, 2018, 7:49 AM MDT
Iron Bridge Resources Inc. posted a net loss for the second quarter as it slowed the pace of its cryptocurrency venture while seeking an alternative to Velvet Energy Ltd.’s hostile takeover bid.
August 15, 2018, 11:24 AM MDT
August 15, 2018, 3:17 AM MDT
Junex Inc. and Cuda Energy Inc. completed a business combination and will form a combined entity named Cuda Oil and Gas Inc.
August 15, 2018, 9:51 AM MDT
Trinidad Drilling Ltd. says it is “aware” about the intention by Ensign Energy Services Inc. to make an unsolicited takeover bid for the outstanding common shares of Trinidad at a price of $1.68 in cash per common share.
August 14, 2018, 3:04 AM MDT
Ensign Energy Services Inc. has made a $947 million hostile bid to acquire Trinidad Drilling Ltd. just two weeks after Trinidad had announced it was ending its strategic alternatives process.
August 13, 2018, 3:33 AM MDT
TORC Oil & Gas Ltd. completed the acquisition of Villanova 4 Oil Corp., a private oil company with complementary high quality, light oil assets in southeast Saskatchewan.
August 9, 2018, 2:44 AM MDT
McClelland Oilfield Rentals Ltd. and Delta Rental Services Corp. have combined to create a full-service oilfield rental business servicing the Western Canadian Sedimentary Basin from operational facilities in Grande Prairie and Red Deer.
August 1, 2018, 3:19 AM MDT
Utica Resources Inc. has “revised” its offer to acquire Junex Inc., which includes two options.
July 31, 2018, 6:56 AM MDT
3esi-Enersight has acquired Palantir Solutions, creators of Palantir PlanningSpace.
July 31, 2018, 7 AM MDT
Laricina Energy Ltd. says it has entered into a pre-acquisition agreement with Canadian Natural Resources Limited, which has agreed to make an offer to shareholders of Laricina to purchase all of the issued and outstanding common shares of the company for 8.15 cents per share, in cash.
July 26, 2018, 12 PM MDT