Canada
Lease Sales
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.
Transactions , Acquisitions & Divestitures , Mergers , Joint Ventures
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.
Natural Gas , Crude Oil , Energy Transition
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.
Crude Oil , Policy & Regulations , Energy Transition
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.
Highlights
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.
Shale Plays , Acquisitions & Divestitures
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.
Acquisitions & Divestitures , Joint Ventures , Pipelines
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.
Natural Gas , Health, Safety & Environment , Pipelines
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.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Oct. 26, 2022
Here’s a snapshot of recent energy deals including NOG’s $330 million Permian Basin acquisition in Midland County, Texas, plus the closing of the $1.96 billion buyout of Shell Midstream.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Oct. 19, 2022
Here’s a snapshot of recent energy deals including BP’s $4.1 billion acquisition of Houston-based Archaea Energy and Continental Resources’ take-private merger agreement.