Acquisitions and Divestitures News in Canada

Archer Enters into Agreements with Arrakis Oil Recovery
6/18/2013 - Archer Petroleum Corp (Archer or the Company)is pleased to announce its entry into a purchase and sale agreement (the “Acquisition Agreement”) with Arrakis Oil Recovery, LLC (“Arrakis”) for the acquis...
Total Sells its 49% Interest in Voyageur Upgrader Project
3/28/2013 - Following the decision not to proceed with the Voyageur Upgrader project located in Northern Alberta, Total announces that it has reached an agreement to sell its entire 49% interest in the Voyageur U...
Kinder Completes Sale Interest in Express-Platte Pipeline
3/14/2013 - Kinder Morgan Energy Partners, L.P., announced that it has closed its previously announced sale of its one-third interest in the Express-Platte Pipeline System to Spectra Energy Corp for approximately...
Stetson Extends Option for African Acreage to 1 May 2013
2/28/2013 - Stetson Oil & Gas Ltd. reports that it has elected to extend the term of the exclusive option agreement (the "Option Agreement") entered into with a private company (Privateco), as extended on October...
Stetson Extends Option for Offshore African Acreage
1/8/2013 - Stetson Oil & Gas Ltd. reports that it has elected to extend the term of the exclusive option agreement (the "Option Agreement") entered into with a private company (Privateco), as extended on October...
Stetson Extends Option for West Africa Assets
12/4/2012 - Stetson Oil & Gas Ltd. reports that it has elected to extend the term of the exclusive option agreement (the "Option Agreement") entered into with a private company ("Privateco"), as extended on Octob...
Aker Solutions Acquires Thrum Energy
11/22/2012 - Aker Solutions, the international oil services provider, is buying Canadian asset integrity management (AIM) company Thrum Energy Inc. The acquisition will grow Aker Solutions' AIM portfolio and incre...
Primoris Services to Acquire Q3 Contracting Inc.
11/14/2012 - Primoris Services Corporation announced that it has signed a definitive agreement to acquire Q3 Contracting Inc. (Q3), with an expected closing date of November 17th. Based in Little Canada, Minnesota...
Murphy Oil Announces Seal Acquisition
11/13/2012 - Murphy Oil Corporation (MUR) announced that Murphy Oil Company Ltd., a wholly owned subsidiary, has entered into an agreement with Shell Canada Energy to purchase, for an undisclosed amount, additiona...
Court Approval for Sale of Eagles Nest Asset
2/23/2012 - Oilsands Quest Inc. has received approval from the Alberta Court of Queen’s Bench for the sale of the Company’s non-core Eagles Nest asset to FAMA Capital Ltd, an unrelated third party, for CDN$7.0 mi...
Apache’s New Partner in Kitimat LNG Development
4/18/2011 - Kitimat LNG facility partners Apache Corporation and EOG Resources, Inc., through their Canadian subsidiaries, announced that Encana Corporation (Encana) has agreed to acquire a 30 percent working int...
Encana to Acquire 30% Stake in Kitimat LNG Project
3/18/2011 - Kitimat LNG facility partners Apache Corporation and EOG Resources, Inc., through their Canadian subsidiaries, announced that Encana Corporation (Encana) has agreed to acquire a 30 percent working int...
Fox Petroleum to Seek Canadian Oil Tar Sand Projects
3/11/2011 - Fox Petroleum Inc. announced that it is seeking to identify Canadian Oil Tar sands projects for the launch of its oil subsidiary. ...
Sasol Acquires Additional Stake in Canada Shale Gas
3/8/2011 - Sasol, a South African technology -driven, alternative fuels and chemicals company, announced it signed a second agreement with Canadian -based Talisman Energy to acquire a 50% stake in their Cypress ...
Cenovus Seeks Another Partner for Oil Sands
2/18/2011 - Cenovus Energy Inc, Canada's No. 2 independent oil exploration and production company, said it's seeking a joint-venture partner to speed development of its Alberta oil sands holdings and boost the va...
Encana to Establish Joint Venture with Petrochina
2/9/2011 - Encana Corporation has signed a Co-operation Agreement with PetroChina International Investment Company Limited, a subsidiary of PetroChina Company Limited, that would see PetroChina pay C$5.4 billion...
Kitimat to Purchase Pacific Trail Pipelines Interest
2/7/2011 - Kitimat LNG partners Apache Canada Ltd. (Apache Canada) and EOG Resources Canada Inc. (EOG Canada) today announced that they have agreed to purchase the 50 percent interest in the Pacific Trail Pipeli...
Baytex Acquires Heavy Oil Assets in Canada
1/14/2011 - Baytex Energy Corp. is pleased to announce that it has entered into an agreement to acquire heavy oil assets located in the Seal area of northern Alberta and the Lloydminster area of western Saskatche...
Agreement Between Connacher and Hyak Energy ULC
12/29/2010 - Connacher Oil and Gas Limited announced that it has executed a definitive Purchase and Sale Agreement with Hyak Energy ULC, an affiliate of Accelerated Oil Technologies LLC, a private company, whereby...
Forest Gate Acquires Oil & Gas Production
12/23/2010 - Forest Gate Energy reports that it has entered an agreement to purchase oil and gas assets from a privately-held, Calgary company. ...

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