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
MATRRIX Energy Technologies Inc. is acquiring all the issued and outstanding shares of private D2 Drilling Inc., which owns one heavy telescopic double drilling rig in the Weyburn/Estevan area of southeast Saskatchewan.
January 17, 2018, 7:45 AM MST
Vermilion Energy Inc. entered into an arrangement agreement to acquire a private southeast Saskatchewan producer for total cash consideration of $90.8 million.
January 16, 2018, 6 AM MST
January 10, 2018, 9:03 AM MST
January 4, 2018, 9:04 AM MST
January 3, 2018, 3:54 AM MST
January 3, 2018, 3:59 AM MST
Painted Pony Energy Ltd. announced that effective Jan. 1, 2018, it completed an amalgamation with its two wholly-owned subsidiaries, UGR Blair Creek Ltd. and Painted Rock Resources Ltd., pursuant to Sections 181 and 184(1) of the Business Corporations Act (Alberta).
January 3, 2018, 6 AM MST
Dynacorp Energy Services and Energes Oilfield Solutions, LLC have come together to form EnerCorp Sand Solutions.
December 22, 2017, 3:53 AM MST
Ironhorse Oil & Gas Inc.’s shareholders voted to approve the previously announced business combination of Ironhorse and Pond Technologies Inc.
December 22, 2017, 10:38 AM MST
December 20, 2017, 7:39 AM MST
Canada saw less than C$1 billion in new upstream M&A activity for the first time in three months according to the latest M&A review from CanOils.
December 18, 2017, 5:41 AM MST
Cordy Oilfield Services Inc. closed the acquisition of the assets and the business of 1094956 Alberta Ltd. operating as Hornet Hydrovac, by its wholly owned subsidiary Cordy Environmental Inc.
December 13, 2017, 6 AM MST