M&A

MEG’s Board Unanimously Rejects Husky’s Offer

MEG Energy Corp.’s board of directors has unanimously determined that Husky Energy Inc.'s unsolicited bid to acquire MEG significantly undervalues the common shares of MEG and is not in the best interests of MEG or the holders of common shares.  

October 18, 2018, 3:35 AM MDT


Husky’s MEG Takeover Would Take Canadian M&A To C$6.4 Billion In Q3

Should Husky Energy Inc.’s bid for MEG Energy Corp. go ahead at the proposed price of C$11 per share, the eventual takeover would be Canada’s fourth largest oilsands sector deal for four years.

October 17, 2018, 12 AM MDT


Japan Refiner Idemitsu Finalizes Deal To Buy Out Showa Shell

October 16, 2018, 7:27 AM MDT


Q3 M&A Hits US$50 Billion Worldwide In The Upstream Sector

New analysis in Evaluate Energy’s third quarter M&A review illustrate the impact on deal spending of sustained stronger oil prices and the absence of meaningful intervention by OPEC into supply dynamics. The full report is available to download here.

October 16, 2018, 7:19 AM MDT


Journey Energy Inc. Property Divestiture

Sayer Energy Advisors has been engaged to assist Journey Energy Inc. (“Journey” or the “Company”) with the sale of certain non-core operated properties located in the Brooks, Gilby, Gull Lake, Niton and Pembina Keystone Cardium Unit No. 1 areas of Alberta, and non-operated interests in the Pembina area of Alberta (the “Properties”).

October 16, 2018, 6 AM MDT