Ovintiv Inc. has entered into a definitive purchase agreement to acquire substantially all leasehold interest and related assets of Black Swan Oil & Gas, PetroLegacy Energy and Piedra Resources, which are portfolio companies of funds managed by EnCap Investments L.P., in a cash and stock transaction valued at approximately $4.275 billion.
April 3, 2023, 5:08 AM MDT
Here are highlights of Ovintiv Inc.’s Permian deal announced this morning.
April 3, 2023, 5:28 AM MDT
Ovintiv Inc.’s acquisition of three private Permian operators provides the company with running room needed to deliver long term sustainable returns to shareholders, company president and chief executive officer Brendan McCracken told analysts at a conference call Monday morning announcing the acquisitions.
April 3, 2023, 1:04 PM MDT
B.C. Montney operators increased natural gas production over the last two years despite uncertainty from the Blueberry River First Nations (BRFN) licensing delay, a royalty review and update, and a growing provincial focus on emissions reduction.
April 3, 2023, 5:21 AM MDT
Starting today, the Daily Oil Bulletin is partnering with One Exchange to continue to provide relevant pricing data.
April 3, 2023, 6 AM MDT
April 3, 2023, 12 AM MDT
While Canada’s federal government has taken steps to advance the country’s nuclear sector, it has not seen parity in supports to attract private investment relative to some energy forms.
April 3, 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
Hammerhead Energy Inc.'s 2023 capital program is development-focused with a continuous two-rig program expected to drill approximately 40 wells.
April 3, 2023, 9:38 AM MDT
Hammerhead Energy Inc. appointed Dick Unsworth and Kurt Molnar to its senior leadership team.
April 3, 2023, 9:18 AM MDT
Advanced Engineering Simulation (AES) solutions provide energy companies with state-of-the-art engineering simulation and test solutions to be more competitive.
April 3, 2023, 9:09 AM MDT
The active rate began its usual drop in March as the seasonal slowdown following winter takes hold.
April 3, 2023, 12 AM MDT
A skills development program designed to help Canadian energy employees integrate sustainability and ESG best practices into the daily workplace is now underway.
April 3, 2023, 7:54 AM MDT
A practical course will provide actionable insights and strategies for oil and gas companies to improve their compliance efforts, build trust with regulators, and enhance their reputation and resilience.
April 3, 2023, 11:13 AM MDT
April 3, 2023, 10:27 AM MDT
Avila Energy Corporation, an established producer, explorer, and developer of energy in Western Canada, and Insight Acquisition Corp., a special purpose acquisition company, have entered into a business combination agreement.
April 3, 2023, 6 PM MDT
On March 30, 2023, the Alberta Energy Regulator (AER) issued a reasonable care and measures order to AlphaBow Energy Ltd. as the company has repeatedly failed to comply with regulatory requirements and address compliance issues in a timely manner.
April 3, 2023, 2 PM MDT
Vermilion Energy Inc. closed the acquisition of Equinor Energy Ireland Limited (EEIL) from Equinor on March 31, 2023.
April 3, 2023, 12 AM MDT
ROK Resources Inc. has completed dispositions of certain non-core assets for total combined proceeds of approximately $47.25 million, before normal closing adjustments.
April 3, 2023, 9:56 AM MDT
Commensurate with the closing of its flow through share issuance on March 23, 2023, Journey Energy Inc. has updated its 2023 guidance.
April 3, 2023, 5:50 AM MDT
Pipestone Energy Corp. has decided not to proceed with initiating the substantial issuer bid in the first quarter of 2023 as previously indicated.
April 3, 2023, 5:56 AM MDT
Kyle Boon, vice-president, operations, for Lycos Energy Inc., has been promoted to the position of chief operating officer, and Barret Henschel, operations manager, has been promoted to the position of vice-president, production.
April 3, 2023, 6:03 AM MDT
April 3, 2023, 5:33 AM MDT
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