Acquisitions and Divestitures News in Canada
| 3/7/2022 - EverGen Infrastructure Corp., Canada’s Renewable Natural Gas (“RNG”) Infrastructure Platform is pleased to announce it has entered into a letter of intent (“LOI”), with Grow the Energy Circle Ltd. (“G... |
| 3/7/2022 - EverGen Infrastructure Corp., Canada’s Renewable Natural Gas (“RNG”) Infrastructure Platform has entered into a letter of intent (“LOI”), with Grow the Energy Circle Ltd. (“GrowTEC”), in its capacity ... |
| 1/12/2022 - Imperial (IMO) announced its intention to market its interests in XTO Energy Canada jointly with ExxonMobil Canada. Imperial and ExxonMobil Canada each own 50 percent of XTO Energy Canada, which inclu... |
| 12/21/2021 - Pine Cliff Energy Ltd. has entered into a definitive agreement (the "Agreement") to acquire all of the issued and outstanding common shares of a privately held oil and gas company for a cash purchase ... |
| 12/16/2021 - Cenovus Energy Inc. (CVE) has reached an agreement to sell its Tucker thermal asset for total cash proceeds of $800 million. Proceeds from this transaction will further accelerate the company’s reduct... |
| 12/15/2021 - PrairieSky Royalty Ltd. has closed the previously announced acquisition from Heritage Royalty of over 1.9 million acres of royalty lands throughout Alberta, Saskatchewan and Manitoba (the “Royalty Lan... |
| 12/3/2021 - - The transaction is part of the non-strategic asset rotation envisaged in Iberdrola's 2020-2025 Strategic Plan. - The sale is unconditional and effective upon signature. Iberdrola ha... |
| 11/30/2021 - Cenovus Energy Inc. has reached agreements to sell its Husky retail fuels network and the Wembley assets in its Conventional business for combined total cash proceeds of nearly $660 million, allowing ... |
| 11/24/2021 - Obsidian Energy has closed its previously announced acquisition of the remaining 45 percent interest in the Peace River Oil Partnership ("PROP") asset through a wholly-owned subsidiary (the "Acquisiti... |
| 11/4/2021 - Commenting on the Company's third quarter 2021 results, Tim McKay, President of Canadian Natural stated "Our
diverse product mix is a competitive advantage, as we can allocate capital to the highest ... |
| 10/24/2021 - QatarEnergy signed an agreement with ExxonMobil Canada to farm into an exploration license offshore the province of Newfoundland and Labrador in Canada. ... |
| 10/12/2021 - Enbridge Inc. announced the closing of the acquisition of Moda Midstream Operating from Encap Flatrock Midstream for US$3.0 billion. The acquisition significantly advances the Company's U.S. Gulf Coas... |
| 10/5/2021 - Topaz Energy Corp. has entered into a purchase and sale agreement with Whitecap Resources Inc. ("Whitecap") to acquire a newly-created 5% gross overriding royalty interest on Whitecap's working intere... |
| 9/16/2021 - Suncor announced the signing of agreements with eight Indigenous communities in the Regional Municipality of Wood Buffalo (RMWB) to acquire all of TC Energy’s 15 per cent equity interest in the Northe... |
| 9/16/2021 - TC Energy Corporation announced that Astisiy Limited Partnership, comprised of Suncor and eight Indigenous communities in the Regional Municipality of Wood Buffalo (RMWB), will acquire TC Energy’s rem... |
| 9/8/2021 - Suncor has entered into a conditional agreement to increase its interest in the White Rose asset subject to a restart decision on the West White Rose project. ... |
| 9/8/2021 - Cenovus Energy Inc. has entered into agreements with its partners in the Atlantic region to restructure its working interests in the Terra Nova and White Rose projects, providing improved economics fo... |
| 9/7/2021 - SWITCH Power Corporation had announced the successful acquisition of a portfolio of behind the meter (“BTM”) battery energy storage systems (“BESS”) from Peak Power Inc (“Peak”). Key Hig... |
| 8/23/2021 - STORAGEVAULT CANADA INC. (“StorageVault”) is pleased to announce that, further to its April 14, 2021 and July 8, 2021 news releases (all announced transactions are now closed), it has completed the ac... |
| 8/23/2021 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that its wholly owned Canadian subsidiary has closed i3's previously announced... |
