Acquisitions and Divestitures News in Canada

Enerplus to Acquire Strategic Williston Basin Assets
4/8/2021 - Enerplus Corporation has entered into a definitive agreement to acquire assets in the Williston Basin from Hess Corporation for total cash consideration of US$312 million (the "Acquisition"). In conne...
Leucrotta Announces Closing of Previously Announced Asset Sale
4/1/2021 - Leucrotta Exploration Inc. is pleased to announce that, further to its press release dated March 15, 2021, it has closed the previously announced disposition of 10.25 sections of nonstrategic Montney ...
ROK Announces Bolt-On Acquisition
4/1/2021 - ROK Resources Inc. is pleased to announce that it has entered into a Purchase and Sale Agreement, dated March 26, 2021 (the "Purchase Agreement") to acquire certain producing oil and gas assets (the "...
Crescent Point Closes Accretive Acquisition of Kaybob Duvernay Assets
4/1/2021 - Crescent Point Energy Corp. is pleased to announce that it has successfully closed its accretive transaction previously announced on February 17, 2021. The Company has acquired Shell Canada Energy's K...
Scirocco Energy Announces Disposal of Ausable Reef assets
3/15/2021 - Scirocco Energy (SCIR), provides an update on its disposal of its 28.56% interest in the Ausable Reef gas assets (the "Assets"). ...
Tamarack Announces Strategic Clearwater & Waterflood Asset Acquisitions
3/5/2021 - Tamarack Valley Energy Ltd. has entered into two separate agreements to acquire assets in the Provost and Nipisi areas of Alberta. The Acquisitions include approximately 2,800 boe/d of low decline (~1...
Topaz Energy Announces Strategic Royalty Acquisition
3/5/2021 - Topaz Energy Corp. has entered into a non binding agreement with Tamarack Valley Energy Ltd. ("Tamarack") for the purchase of a newly created gross overriding royalty interest underpinned by a multi-y...
Journey Energy Announces Termination of Proposed Countess Asset Sale
3/1/2021 - Journey Energy Inc. has formally terminated the purchase and sale agreement with the third-party purchaser for Journey's recently commissioned 4.2 megawatt power plant and the associated Countess natu...
NuVista Energy Executes Non-Core Divestitures
2/25/2021 - NuVista Energy Ltd.is pleased to announce the divestiture of its non-core Charlie Lake and Cretaceous Unit assets (the "Wembley Assets") in the Wembley area, as well as selected water infrastructure a...
Falcon Oil & Gas Announces Assignment of Canadian Working Interests
2/22/2021 - Falcon Oil & Gas Ltd. (FOG) has agreed to assign its working interest in three gross producing wells and one gross shut-in well and associated infrastructure in Alberta, Canada to a large Canadian-bas...
Sacgasco Closes Alberta Plains Production Acquisition
2/9/2021 - Sacgasco has closed on the acquisition of a 20% Working interest (WI) in oil and gas producing assets ('Alberta Plains Assets') in southern Alberta, Canada. Plans for the acqusistion were previously r...
SNC-Lavalin to Sell Oil and Gas Business in Flight from Risk
2/9/2021 - SNC-Lavalin Group Inc., a fully integrated professional services and project management company, has entered into a binding agreement to sell its Resources Oil & Gas business, a significant step forwa...
Pembina Pipeline Announces Binding Open Season on Cochin Pipeline
1/19/2021 - Pembina Pipeline Corporation announced that PKM Cochin ULC and Pembina Cochin LLC have launched an open season to obtain binding commitments for the transport of light condensate on the Cochin Pipelin...
Capstone Announces the Acquisition of Portfolio of Wind Projects
1/8/2021 - Capstone Infrastructure Corporation is pleased to announce its acquisition of 29 MW of operating wind projects, known as the Springwood, Whittington, Napier and Sumac Ridge wind facilities from wpd Eu...
Canadian Solar Sells 2 Solar Projects to Bluearth Renewables
1/5/2021 - Canadian Solar Inc. has sold an ownership interest in its Hays and Jenner solar projects to BluEarth Renewables ("BluEarth"). BluEarth will also assume management responsibilities of the projects. Loc...
Topaz Energy Announces Closing of Two Strategic Royalty Acquisitions
1/4/2021 - Topaz Energy Corp. is pleased to announce the completion of two previously announced gross overriding royalty acquisitions which enhance Topaz's future growth outlook and demonstrate the Company's gro...
Journey Energy Announces Revised Closing Date for Countess Asset Sale
12/30/2020 - Journey Energy Inc. reports that it's previously announced disposition (see press release dated October 30, 2020) of its Countess area assets has been mutually deferred with the purchaser to a new clo...
Permex Petroleum Announces the Closing of Previously Announced Strategic Divestiture
12/22/2020 - Permex Petroleum Corporation is pleased to announce the closing of the previously announced Central Basin asset disposition. ...
Sale of Vessel
12/4/2020 - Secunda Canada LP a wholly owned company of Siem Offshore Inc has signed an agreement for the sale of the 1998 built AHTS «Venture Sea». The agreement is made at market terms and delivery is scheduled...
Sale of Cenovus's Marten Hills Oil Assets to Headwater Exploration Closes
12/2/2020 - Cenovus Energy Inc. and Headwater Exploration Inc. are pleased to announce the closing of the acquisition by Headwater of Cenovus's assets in the Marten Hills area of Alberta. Pursuant to the transact...

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