Acquisitions and Divestitures News in Canada
| 5/25/2017 - Trilogy Energy Corp. (Trilogy) has entered into an agreement to sell certain Duvernay assets in the Kaybob area of Alberta and provide an update on its previously announced asset sale in the Grande Pr... |
| 5/1/2017 - Paramount Resources Ltd. (POU) (Paramount) is pleased to announce that it has agreed to sell its oil and gas properties in the Valhalla area of Alberta (the "Assets") for cash consideration of approxi... |
| 3/29/2017 - ConocoPhillips (COP) has signed a definitive agreement with Cenovus (CVE) to sell its 50 percent nonoperated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the ma... |
| 3/23/2017 - Pengrowth Energy Corporation has entered into an agreement for the sale of its non-producing Montney lands at Bernadet in North East British Columbia for cash consideration of $92 million. ... |
| 3/21/2017 - Birchcliff Energy Ltd. (BIR) announced that it will pursue the sale of its oil and natural gas properties and related assets on the Charlie Lake Light Oil Resource Play located in the Peace River Arch... |
| 3/20/2017 - Pengrowth Energy Corporation (Pengrowth) has entered into an agreement for the sale of a portion of its Swan Hills assets in North Central Alberta for total cash consideration of $180 million, subject... |
| 3/9/2017 - Enerplus Corporation has entered into definitive agreements to sell various Canadian properties located in Alberta and southwest Saskatchewan for aggregate proceeds of $67.3 million, before customary ... |
| 3/8/2017 - Northern Petroleum, the AIM quoted oil and gas company focusing on production led growth balanced with high impact exploration and appraisal opportunities, has signed an agreement to acquire productio... |
| 2/25/2017 - Canadian oil and gas producer Husky Energy Inc is mulling paring down its stakes in some of its Eastern Canadian offshore assets, in a move that could fetch several billion dollars, people familiar wi... |
| 2/13/2017 - NU-Oil and Gas plc ((NU-Oil) is pleased to announce that further to its announcement on 21 December 2016, regarding the Option Agreement on EL1070, offshore Western Newfoundland with G2 Energy Corp. (... |
| 1/31/2017 - NU-Oil, the independent Oil and Gas Company, is pleased to announce that it has concluded an Agreement with PVF over onshore petroleum lease PL2002-01(A) in western Newfoundland, Canada. ... |
| 1/20/2017 - Baytex Energy Corp. (Baytex) announces the closing of its previously announced acquisition of heavy oil assets located in the Peace River area of northern Alberta. Cash consideration for the acquisiti... |
| 12/21/2016 - NU-Oil and Gas has entered into an Option Agreement with G2 Energy Corp. (G2 Energy), (together, the "Parties"), under which G2 Energy will have an exclusive option to earn 100% of the Company's worki... |
| 12/14/2016 - Statoil has signed an agreement to divest its 100% owned Kai Kos Dehseh (KKD) oil sands projects in the Canadian province of Alberta to Athabasca Oil Corporation. The transaction covers the producing ... |
| 11/30/2016 - Northern Petroleum, the AIM quoted oil company focusing on production led growth, has agreed to divest interests in its assets, as detailed below, to High Power Petroleum LLC (H2P), for a consideratio... |
| 11/17/2016 - ARC Resources Ltd. ("ARC") has reached an agreement to sell all of its Saskatchewan assets and operations, which produce approximately 7,500 barrels of oil equivalent ("boe"), to Spartan Energy Corp. ... |
| 11/1/2016 - The Canada-Newfoundland and Labrador Offshore Petroleum Board advises that Exploration Licences (ELs) 1127 and 1128, each of which were held 100% by Black Spruce Exploration Corp., have been cancelled... |
| 10/31/2016 - The Company has agreed Heads of Terms with PVF Energy Services Inc. (PVF), (together, the "Parties"), under which the Parties will work together to establish commercial production operations on the Co... |
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10/20/2016 - Royal Dutch Shell plc, through its affiliate Shell Canada Energy (Shell) has agreed to sell approximately 206,000 net acres of non-core oil and gas properties in Western Canada to Tourmaline Oil Corp.... |
| 9/1/2016 - Zargon Oil & Gas Ltd. (Zargon) announces the closing of the sale of all of its Southeast Saskatchewan assets for cash consideration of $89.5 million. The effective date of the transaction is July 1, 2... |
