Canada
Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers
Spartan Delta Set to Become Largest Montney Producer after Latest Deal
The deal marks a major milestone in Spartan's Montney consolidation strategy and brings the company closer to achieving its previously stated objective of production growth to 100,000 boe/d, says Spartan CEO Fotis Kalantzis.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of July 28, 2021
Here’s a snapshot of recent energy deals including the acquisition of a “unique opportunity” in the Permian Basin by Lime Rock Resources in a $508.3 million deal plus Whiting Petroleum’s exit from the D-J Basin.
Public Capital , Emissions , Energy Transition
Cenovus Energy Signs Solar Offtake Deal in Net-zero Push
Cenovus signed a 15-year power purchase agreement for the full output of a solar facility in southern Alberta, providing the offtake contract necessary for the construction of the project and ultimately helping Cenovus mitigate its scope 2 emissions.
Public Capital , Acquisitions & Divestitures , Mergers , Midstream
Inter Pipeline Walks Away from Pembina Deal for Brookfield Bid
The move comes after a five-month-long bitter bidding war between Brookfield Infrastructure Partners and Pembina Pipeline for Canadian pipeline operator Inter Pipeline.
Public Capital , Company Profiles , Shale Plays , Trends
Oil and Gas Investor Enerplus CEO Q&A: Doubling Down on the Bakken
The original Canadian royalty trust and one of the first E&Ps to explore the Bakken Shale, Enerplus Corp. remained under the radar for many years—until now. The conservative Calgary producer re-emerges with two fast deals and a basket of new top-tier inventory.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of July 21, 2021
Here’s a snapshot of recent energy deals including Kinder Morgan’s entry into the energy transition space through a $310 million acquisition.
Liquefied Natural Gas (LNG) , Construction
Cheniere Energy Makes Progress Toward Expansion of Corpus Christi LNG Facility
A new long-term gas supply agreement with Tourmaline for Cheniere Energy’s Corpus Christi Stage III marks a constructive step toward reaching a final investment decision, say analysts.
Public Capital , Energy Transition , Drilling
Precision Drilling Launches New Environmental Brand in ESG Push
The brand launch of EverGreen will bolster Precision Drilling’s commitment to reduce the environmental impact of oilfield operations, the service provider says.
Public Capital , Acquisitions & Divestitures , Midstream
Brookfield Sweetens Offer in Takeover Battle for Inter Pipeline
Canadian pipeline operator Inter Pipeline had recommended that shareholders vote for a rival takeover offer from Pembina Pipeline instead of an earlier bid by Brookfield which included an all-cash option.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of July 14, 2021
Here’s a snapshot of recent energy deals including the combination of Eagle Ford producers Penn Virginia and Lonestar, the sale of Hawkwood Energy plus the merger of Plains’ Permian Basin assets with Oryx Midstream.