There are too many oilfield services firms in the market currently, given the energy-sector outlook for the foreseeable future, says top brass at NCS Multistage Holdings Inc.
March 2, 2021, 9:57 AM MST
Waterous Energy Fund (WEF) and subsidiary WEF Osum Acquisition Corp. says that the conditions on the offer to acquire up to 57 million common shares of Osum Oil Sands Corp. at $3 per share have been satisfied.
March 2, 2021, 10:14 AM MST
New data from Evaluate Energy shows that 48 GW in existing and future solar power generation capacity has changed hands in 271 M&A transactions around the world in 2020.
March 2, 2021, 7:16 AM MST
Vertex Resource Group Ltd. has acquired MAD Oilfield Solutions (MAD), a privately-held company providing environmental services specializing in industrial cleaning, waste management and hydro-excavating, based out of northern Alberta.
March 2, 2021, 3:01 PM MST
March 2, 2021, 12 AM MST
Special shareholder meetings have been scheduled to vote on the recently-announced combination of ARC Resources Ltd. and Seven Generations Energy Ltd.
March 1, 2021, 9:27 AM MST
After remaining stable during most of January and early February, rig activity has started to slow down as the second month of 2021 comes to an end.
February 26, 2021, 8 AM MST
TC PipeLines, LP unitholders voted to approve the merger of TCP and a wholly owned subsidiary of TC Energy Corporation.
February 26, 2021, 10:23 AM MST
Despite a year of “significant uncertainty” that brought many challenges to the energy sector, including his company, Grant Fagerheim, Whitecap Resources Inc.’s president and CEO, says the company had a solid finish to 2020, “which positioned us well” heading into 2021.
February 25, 2021, 9:52 AM MST
Blackheath Resources Inc. and Wolverine Energy and Infrastructure Inc. have named the proposed board of directors and management team of Green Impact Partners Inc. (GIP).
February 24, 2021, 2:52 PM MST
February 23, 2021, 3:48 AM MST
In light of the improved offer by WEF Osum Acquisition Corp., Osum Oil Sands Corp.’s board of directors has withdrawn its recommendation that shareholders reject the offer.
February 23, 2021, 11:32 AM MST
With his company targeted for takeover by Brookfield Infrastructure Partners L.P., Inter Pipeline Ltd. chief executive officer Christian Bayle laid out an optimistic picture of future growth to analysts during the company’s year-end conference call on Friday.
February 22, 2021, 8:24 AM MST
TC Energy Corporation is maintaining its exchange ratio to acquire TC PipeLines, LP at 0.70.
February 22, 2021, 10:02 AM MST
Whitecap Resources Inc. and TORC Oil & Gas Ltd. received shareholder support from both companies to combine.
February 19, 2021, 6:49 AM MST
On the heels of an unsolicited offer by Brookfield Infrastructure Partners L.P. to buy Inter Pipeline Ltd., the latter has launched a comprehensive review of strategic alternatives.
February 18, 2021, 3:23 PM MST
Waterous Energy Fund (WEF) subsidiary WEF Osum Acquisition Corp. says it has “improved” its all-cash offer to acquire common shares of Osum Oil Sands Corp.
February 18, 2021, 2:42 PM MST
Seven Generations Energy Ltd. reported lower financial results in a tough 2020 market environment, while production decreased by nine per cent for the year.
February 18, 2021, 6:51 AM MST
Renewables would be irrelevant without a critical baseload of natural gas, says Dale Shwed, president and chief executive officer of Crew Energy Inc.
February 17, 2021, 2:41 PM MST
Spartan Delta Corp. announced three strategic acquisitions on Tuesday.
February 17, 2021, 11:13 AM MST
Spartan Delta Corp. this afternoon announced three strategic acquisitions, “executing on its stated acquisitive growth strategy within Western Canada.”
February 16, 2021, 1:47 PM MST
Spartan Delta Corp. has more than doubled its expected 2021 capital spending program from its previous outlook.
February 16, 2021, 2:50 PM MST
February 16, 2021, 6:25 AM MST
Osum Oil Sands Corp. says that its special committee of independent directors is currently in discussions that could lead to a superior offer to the current takeover bid of $2.40 per share by Waterous Energy Fund (WEF).
February 16, 2021, 6 AM MST
The combined ARC Resources Ltd./Seven Generations Energy Ltd. will become Canada’s third largest natural gas producer, trailing only Tourmaline Oil Corp. and Canadian Natural Resources Limited.
February 11, 2021, 11:05 AM MST