Canada

Ovintiv Takes an ‘Encouraged but Measured Approach’ to 2023 Drilling, M&A

After a year of expansion in 2022, Ovintiv plans on a positive but cautious approach to M&A while bringing wells online in the Permian, Montney, Rockies and the Anadarko this year.

March 4, 2023

Energy A&D Transactions from the Week of Feb. 1, 2023

Here’s a snapshot of recent energy deals including Diamondback Energy completing its $1.55 billion deal to acquire Midland Basin acreage and E&P Arena Energy LLC closing its acquisition of Cox Operating LLC's interests in the Eugene Island 330 and South Marsh 128 oil blocks.

February 1, 2023

Marketed: Erikson National Energy Corporate Divestiture

Erikson National Energy Inc. has retained Sayer Energy Advisors for the sale of the company's shares, with properties consisting primarily of operated, high working interest shale natural gas production from several formations in British Columbia and Alberta.

January 31, 2023

Energy A&D Transactions from the Week of Jan. 25, 2023

Here’s a snapshot of recent energy deals including Chesapeake Energy’s $1.4 billion deal to sell Eagle Ford Shale acreage in the Brazos Valley region to WildFire Energy, and Matador Resource’s $1.6 billion bolt-on acquisition in the northern Delaware Basin.

January 25, 2023

Canada's Trudeau Urges Alberta to Contribute to Carbon Capture Incentives

"I think there's a role for provinces with surpluses, with the capacity to be investing in their future and their workers future," Canadian Prime Minister Justin Trudeau said of main oil-producing province Alberta.

January 9, 2023

Canada Oil Sands Producers Evaluate Proposed Carbon Storage Site

An alliance of six companies representing 95% of Canada's oil sands production has proposed a carbon capture and storage (CCS) hub that will gather and store emissions from 14 oil sands projects in northern Alberta by 2030.

January 5, 2023

E&P Highlights: Dec. 12, 2022

Here’s a roundup of the latest E&P headlines, including discoveries and the signing of Brazilian concession contracts from the past week in the upstream oil and gas industry.

December 12, 2022

Crescent Point Expands Core Kaybob Duvernay Assets With CA$375 Million Bolt-on

Crescent Point announced its second bolt-on in the Kaybob play since acquiring a position from Shell in 2021.

December 12, 2022

Pembina to Sell Near $500 Million Stake in KKR-Backed Gas Pipeline System

The 560-km Key Access Pipeline Systems connects Canada's Montney and Duvernay fields with Keyera Corp.'s Fort Saskatchewan NGL processing facilities.

December 12, 2022

Canada's TC Energy Gets Approval to Expand NGTL Gas Pipeline System

TC Energy announced a C$12 billion expansion program in 2019, which includes Alberta's NOVA Gas Transmission Ltd. pipeline system.

December 1, 2022