March 28, 2018, 7:41 AM MDT
Earlier this month, Waterous Energy Fund outlined a proposal to take Cona Resources Ltd. private.
March 28, 2018, 3:47 AM MDT
March 23, 2018, 8:48 AM MDT
Since oil prices plummeted in late 2014, the ownership structure of the Canadian oilsands has been dramatically altered and we’ve seen projects move further under Canadian control.
March 20, 2018, 6:57 AM MDT
March 20, 2018, 10:49 AM MDT
Stantec has signed a letter of intent to acquire Norwest.
March 19, 2018, 11:17 AM MDT
STEP Energy Services Ltd. has closed its bought deal equity financing, raising gross proceeds of $56.31 million.
March 15, 2018, 7:42 AM MDT
Cona Resources Ltd. has reduced 2018 capital spending to $44.5 million, with a corresponding estimated 450 boe/d production impact, while the company’s largest shareholder aims to take it private at $2.55 per common share.
March 7, 2018, 10:38 AM MST
Vermilion Energy Inc.'s 2017 annual production volumes increased by seven per cent to 68,021 boe/d from 63,526 boe/d a year earlier.
March 2, 2018, 6 AM MST
Newalta Corporation and Tervita Corporation have entered into an arrangement agreement to combine their businesses and create a publicly traded energy-focused environmental solutions provider in Canada providing waste processing, treating, recycling and disposal services to customers in the oil and gas, mining and industrial sectors.
March 1, 2018, 4:15 AM MST
March 1, 2018, 7:23 AM MST
March 1, 2018, 6 AM MST
Petrolia Energy Corporation's has completed the acquisition of Bow Energy Ltd., a Canadian based oil and natural gas company.
February 28, 2018, 9:46 AM MST
A total of C$553 million in new upstream deals for Canadian assets were agreed in January, an increase of 53 per cent over the C$360 million secured in the same month last year, according to CanOils latest M&A review, which is available for download here.
February 21, 2018, 4:27 AM MST
Trinidad Drilling Ltd. has started a formal process to initiate a strategic review.
February 20, 2018, 5:07 AM MST
Mullen Group Ltd. closed the acquisition of DWS Logistics Inc., a privately owned third party logistics provider.
February 13, 2018, 12 AM MST
February 6, 2018, 11:28 AM MST
Vertex Resource Group Ltd. has acquired the business of HMA Land Services.
February 2, 2018, 6 AM MST
Last year was a big year for oilsands M&A — the largest ever, in fact, not counting Suncor Energy Inc.’s $23-billion acquisition of Petro-Canada in 2009 — and analysts expect the action to keep going in 2018.
January 31, 2018, 6 AM MST
Pond Technologies Holdings Inc. (formerly named Ironhorse Oil & Gas Inc.) completed its business combination with Pond Technologies Inc. by way of a three-cornered amalgamation.
January 31, 2018, 8:27 AM MST
In spite of prolonged low commodity prices, when considering only the total value of mergers and acquisitions (“M&A”) activity, 2017 was an above average year for M&A activity in the Canadian oil patch. While the nature of transactions may change somewhat, even with the worst of the most recent oil price onslaught apparently behind us, Sayer Energy Advisors forecasts that there will be significantly less M&A activity, in total dollar value, in 2018 than there was in 2017.
January 25, 2018, 6 AM MST
Canada’s upstream sector saw almost C$42 billion in new deals agreed in 2017 — a 91 per cent increase over the five-year annual average — as a few massive oilsands deals offset a drop in overall deal-flow.
January 24, 2018, 3:59 AM MST
January 22, 2018, 4:12 AM MST
With $163 billion agreed in new upstream deals in 2017, Evaluate Energy’s latest report suggests that the recently improving oil price will encourage continued M&A spending around the world in 2018.
January 18, 2018, 6 AM MST
In a relatively stable year for the oil and gas industry, overall M&A spend — based on deals announced — in the upstream sector reached $163 billion during 2017, according to a new report released today by Evaluate Energy.
January 17, 2018, 6 AM MST