Whitecap Sells Stakes in Gas Processing Plants in Two Deals

In separate deals, WhiteCap Resources sold gas processing assets to Topaz Energy and Pembina Pipeline—a move that strengthens Pembina’s Western Alberta position, an analyst said.

July 2, 2024

Montney Pure-play Advantage Energy Makes $326MM Acquisition

Calgary-based Advantage Energy is acquiring undeveloped inventory and around 14,100 boe/d of production in a CAD$450 million (USD$326.77 million) deal with a private seller.

June 11, 2024

Crescent Point Divests Non-core Saskatchewan Assets to Saturn Oil & Gas

Crescent Point Energy is divesting non-core assets to boost its portfolio for long-term sustainability and repay debt.

May 7, 2024

Analyst: Chevron Duvernay Shale Assets May Sell in $900MM Range

E&Ps are turning north toward Canadian shale plays as Lower 48 M&A opportunities shrink, and Chevron aims to monetize its footprint in Alberta’s Duvernay play.

January 29, 2024

Chevron's Duvernay Sale Seen Attracting Mid-sized Canadian Shale Operators

As Chevron Corp. markets its Duvernay shale assets, the U.S. oil major is most likely to find a buyer among a handful of mid-sized Canadian firms looking to capitalize on the region.  

January 25, 2024

Production from Canada’s Montney, Duvernay Gains Momentum

The dust has settled on acquisitions, and the leading players have publicized five-year plans that demonstrate a commitment to increasing production from Canada’s premier shale plays.

January 5, 2024

Flurry of Deals from Canada to the Permian Basin Close Out 2023

Several Canadian E&Ps are adding scale and undrilled inventory in prolific resource plays in Alberta, while in the Permian Basin, Ring Energy finalized an acquisition in the Central Basin Platform.

December 21, 2023

Crescent Point Buying Alberta Montney E&P in $1.86 Billion Deal

Crescent Point is extending its premium drilling inventory in the Alberta, Canada, Montney Shale with a roughly US$1.86 billion (CA$2.55 billion) acquisition of Hammerhead Energy.

November 6, 2023

Cheaper Canadian Oil, Gas Valuations Lure Potential US Buyers North

The largely untapped potential of Canadian shale is a draw for investors.

November 3, 2023

Ovintiv CEO McCracken: Magnifying Margins

Ovintiv President and CEO Brendan McCracken has beefed up the E&P’s portfolio with a major acquisition in the Permian and added exposure to the lucrative Canadian LNG market.

October 2, 2023