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
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The 2023 Canadian oil and gas merger and acquisition (M&A) market is likely to be centered around companies that already have ample assets in premium plays and that are looking for strategic add-ons and opportunities, says Andrew Botterill, Deloitte Canada’s oil, gas and chemicals leader.
April 6, 2023, 12 AM MDT
A growing trend Deloitte Canada foresees is potential oil and gas sector buyers searching for joint ventures with clean technology and renewables.
April 6, 2023, 12 AM MDT
In its semi-annual survey of Canadian oil and gas executives, Raymond James Ltd. says there’s been some distinct difference from other recent surveys as pandemic concerns wane and industry activity continues to build, although at a somewhat measured pace.
April 3, 2023, 8:44 AM MDT
The total enterprise value of merger and acquisition (“M&A”) transactions in the Canadian oil and natural gas industry dropped 15 per cent in 2022 to $15.5 billion, from $18.1 billion 2021.
March 29, 2023, 6 AM MDT
Energy Auctions & Brokerage Inc. is very excited to announce Crude Master Transport Inc. is acquiring the complete assets/shares of Excel Oil & Water Hauling Ltd.
March 28, 2023, 6 AM MDT
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March 23, 2023, 10:20 AM MDT
International M&A will continue to be the top priority for Tenaz Energy Corp.
March 22, 2023, 6:07 AM MDT
March 16, 2023, 10:45 AM MDT
SECURE Energy Services Inc. announced that the Competition Tribunal issued its decision in connection with SECURE's merger with Tervita Corporation.
March 6, 2023, 12 AM MST
Baytex Energy Corp.’s US$2.5-billion take-over of Eagle Ford shale developer Ranger Oil Corporation provides the company with a new growth platform and the scale and optionality to shift capital investment to areas with the highest returns, Baytex president and chief executive officer Eric Greager said in a conference call with analysts.
February 28, 2023, 9:06 AM MST
Baytex Energy Corp. has entered into a definitive agreement to acquire Ranger Oil Corporation, a pure play Eagle Ford company.
February 28, 2023, 4:16 AM MST
Saturn Oil & Gas Inc. has successfully completed the previously announced acquisition of Ridgeback Resources Inc. for a transaction value of approximately $516 million.
February 28, 2023, 4:31 PM MST
Four months into his tenure as the president and CEO of Baytex Energy Corp., Eric Greager says he’s gotten the lay of the land and developed a strong sense of what the path forward will be for the oil-weighted producer under his leadership.
February 27, 2023, 9:17 AM MST
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February 27, 2023, 7:27 AM MST
Hammerhead Resources Inc. has completed its previously announced business combination with Decarbonization Plus Acquisition Corporation IV (DCRD).
February 23, 2023, 1:05 PM MST
Not too long after being appointed president and CEO of Cenovus Energy Inc. in the fall of 2017, Alex Pourbaix and his team identified what they considered a weak link in the company’s operations — a general lack of downstream integration that would help ease crude price and light-heavy differential volatility.
February 8, 2023, 12 AM MST
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