Here’s a snapshot of recent energy deals including the $2.2 billion all-stock combination of Canadian oil producers ARC Resources and Seven Generation plus Energy Transfer’s multibillion-dollar acquisition of Enable Midstream.
Following the acquisition of Seven Generations by ARC Resources, the combined company will become the biggest operator in western Canada’s premier Montney shale play.
Earlier this month, Kimmeridge had urged Ovintiv to focus on capital allocation, management compensation issues and establishing environmental strategy.
Brendan M. McCracken succeeds Michael McAllister, Ovintiv’s former president who retired in June after 20 years with the company and nearly 40 years in the industry.
Company blames the size of the project, permit delays and impacts from COVID-19.
Here’s a snapshot of recent energy deals including a wave of upstream mergers in the Permian Basin that saw ConocoPhillips agreeing to acquire Concho Resources and Pioneer Natural Resources buying Parsley Energy.
Here’s a snapshot of recent energy deals including Panhandle Oil and Gas’ entry into the Haynesville Shale through the acquisition of two packages of royalty acreage from Red Stone Resources.
Here’s a snapshot of recent energy deals including Occidental Petroleum’s $1.33 billion sale of Rockies assets plus the closing of ConocoPhillips’ multimillion-dollar Montney Shale acquisition.
Here’s a snapshot of recent energy deals including Southwestern Energy’s acquisition of Montage Resources in an all-stock deal, boosting its position in Appalachia’s Marcellus and Utica shale plays.