Canada

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of April 7, 2021

Here’s a snapshot of recent energy deals including two large Permian Basin deals including the surprise $6.4 billion acquisition of DoublePoint Energy by Pioneer Natural Resources.

April 7, 2021

Business , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

Whitecap Resources to Buy Quantum-backed Kicking Horse Oil & Gas

Whitecap’s indirect acquisition of Kicking Horse consists of 34.5 million Whitecap common shares and CA$56 million in cash, along with the assumption of net debt estimated at CA$54 million as of Feb. 28.

April 5, 2021

Acquisitions & Divestitures , Trends , Mergers

Energy A&D Transactions from the Week of Feb. 17, 2021

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.

February 17, 2021

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures , Mergers

ARC Resources to Buy Seven Generations in $2.2 Billion All-stock Deal

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.

February 11, 2021

Public Capital , Shale Plays

Denver-based Oil Producer Ovintiv Faces Proxy Fight from Kimmeridge

Earlier this month, Kimmeridge had urged Ovintiv to focus on capital allocation, management compensation issues and establishing environmental strategy.

January 26, 2021

Infrastructure , Construction , Pipelines

Trans Mountain Pipeline Sees Fortunes Shine After KXL’s Demise

Investors say the pipeline is more valuable now.

January 25, 2021

Infrastructure , Construction , Pipelines

Oil and Gas Industry Stung by Biden’s Blow Against KXL

Analysts wonder if the timing portends trouble for infrastructure projects by the oil and gas industry with the new administration.

January 19, 2021

Infrastructure , Construction

Biden May Cancel Keystone XL Pipeline Permit as soon as First Day

President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps as soon as his first day, according to a source familiar with his thinking.

January 18, 2021

Construction , Pipelines

TC Energy Launches Keystone Binding Open Season

Bids must be submitted by Feb. 19.

January 7, 2021

Infrastructure , Construction , Pipelines

Analysts: Army Corps’ New Stream Crossing Rules Could Hurt Pipes

Revisions make it easier for projects to move forward but could be reversed by the incoming Biden administration.

January 7, 2021