Canada
Public Capital , Shale Plays
Report: US, Canadian Oil Bankruptcies Surge 50% In 2019
The increase in oil and gas bankruptcies seems likely to continue, said Buddy Clark, partner at Haynes and Boone.
Public Capital , Exploration & Production , Shale Plays
Encana Finalizes Move To US As Ovintiv
Shares of Encana will be suspended from trading on the New York and Toronto stock exchanges on Jan. 27 at which time the company will begin trading as Ovintiv under the “OVV” symbol.
People , Infrastructure , Midstream
INGAA President Don Santa To Retire After Nearly Two Decades Of Service
Under Don Santa’s nearly two decades of leadership, INGAA has accomplished multiple reauthorizations of the Pipeline Safety Act and also has shaped regulatory policy affecting interstate natural gas pipelines.
Shale Plays , Completions , Acquisitions & Divestitures
Frac Shack Acquires Sand Separation Expert Sandtinel
Frac Shack’s acquisition of the Sandtinel sand separation system allows the company to expand and diversify its services to new and existing customers in the flowback and production industry.
Trends
Energy A&D Transactions From The Week Of Jan. 22, 2020
Here’s a snapshot of energy deals from the past week including the closing of the $1.7 billion all-stock merger of PDC Energy and SRC Energy plus a Midland Basin mineral acquisition.
Lease Sales
On The Market Oil And Gas Quicklist (Week Of Jan. 22, 2020)
Here’s a quicklist of oil and gas assets on the market including “SOHOT” asset packages from Marathon Oil in Oklahoma plus a Merit Energy Powder River Basin waterflood asset.
Lease Sales
Marketed Montney Water Disposal Business In British Columbia
Energy Advisors Group's Canadian office is assisting Canada Energy Partners in the sale of its water disposal well and associated assets in Northeast British Columbia.
Public Capital , People , Exploration & Production , Shale Plays
Enerplus Taps Wade Hutchings From Devon Energy For COO Role
Wade Hutchings’ appointment as COO is in conjunction with the retirement of Ray Daniels, who has had a decades-long career in energy including 12 years at Enerplus.
Infrastructure , Construction , Pipelines
TC Energy To Resume Keystone XL Pipeline Work In February
TC Energy said in a filing it would start mobilizing heavy construction equipment in order to begin building a 1.2-mile (1.93 km) segment of the Keystone XL pipeline spanning the U.S.-Canada border.
Trends
Energy A&D Transactions From The Week Of Jan. 15, 2020
Here’s a snapshot of energy deals from the past week including Kimbell’s acquisition of NGP-backed Springbok plus the closing of Parsley’s multibillion-dollar merger with Jagged Peak.