Merger and acquisition (M&A) activity in the Montney has steadily increased over the past year and that likely signals the continuation of a trend of consolidation in the liquids-rich play, say analysts and other industry experts.
August 31, 2020, 7:29 AM MDT
Whitecap Resources Inc. is picking up NAL Resources Limited in an all-stock deal valued at $155 million, a move that will increase the company’s girth during a period where debt and equity markets remain stingy.
August 31, 2020, 10:14 AM MDT
Obsidian Energy Ltd. sent a letter to Bonterra Energy Corp. proposing a combination transaction that would be expected to result in significant cost synergies and drive substantial accretion across all financial metrics for both Obsidian Energy and Bonterra.
August 31, 2020, 4:27 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 31, 2020, as reported this morning by Rig Locator.
August 31, 2020, 11:42 AM MDT
Chair Resources Inc. and Chair Holdings Limited (collectively “Chair” or the “Company”) has engaged Sayer Energy Advisors (“Sayer”) to assist it with the sale of all of the assets of the Company which are located throughout western Canada.
August 31, 2020, 9:14 AM MDT
One of the most frequent questions we get from clients across the globe at Core Laboratories is on well performance. Operators are often questioning their lower production rates, and sometimes their higher rates, compared to competitors in their vicinity.
August 31, 2020, 6:46 AM MDT
August 31, 2020, 10:11 AM MDT
The PetroLMI division of Energy Safety Canada is surveying oil and gas industry employees to gain insight into how the COVID-19 pandemic is affecting work practices and productivity across all industry occupations, and what changes to previous work practices employees expect as the country emerges from public health restrictions.
August 31, 2020, 6:45 AM MDT
August 31, 2020, 12 AM MDT
August 31, 2020, 12 AM MDT
Peggy Montana will join Gibson Energy Inc.’s board of directors effective Aug. 31, 2020.
August 31, 2020, 2:34 PM MDT
August 31, 2020, 1:03 PM MDT
Gear Energy Ltd.’s syndicated credit facilities redetermination scheduled for Aug. 31, 2020 has been completed with no changes to the borrowing base.
August 31, 2020, 7:56 AM MDT
Painted Pony Energy Ltd. signed an agreement to extend its annual borrowing base redetermination date from Aug. 31, 2020 to the earlier of either Oct. 31, 2020 or the date on which the arrangement between Painted Pony and Canadian Natural Resources Limited is unable to be completed.
August 31, 2020, 2:40 PM MDT
Kraken Robotics Inc. will receive a $2.91 million non-refundable financial contribution from the National Research Council of Canada’s Industrial Research Assistance Program (NRC-IRAP).
August 31, 2020, 12 AM MDT
Leucrotta Exploration Inc.’s board of directors approved the granting of incentive stock options under its stock option plan to certain of its directors and officers to acquire up to an aggregate of 5.47 million common shares of the company and the granting of options to certain of its employees and consultants to acquire up to an aggregate of 1.54 million common shares.
August 31, 2020, 12 AM MDT
Phillips 66 Partners’s subsidiary Gray Oak Pipeline, LLC is launching an open season to solicit shipper commitments for services from West Texas on the Gray Oak Pipeline.
August 31, 2020, 7:53 AM MDT
August 31, 2020, 6 AM MDT
August 31, 2020, 6 AM MDT
August 31, 2020, 6 AM MDT
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