Acquisitions and Divestitures News in Canada

Waterous Energy Fund Agrees to Acquire Shares of Greenfire Resources
9/16/2024 - Waterous Energy Fund Management Corp. (the "WEF Manager"), in its capacity as manager of certain limited partnerships, including, but not limited to, Waterous Energy Fund III (Canadian) LP, Waterous E...
Pembina Pipeline Announces Agreement to Acquire Midstream Assets From Veren Inc.
9/9/2024 - Pembina Pipeline Corporation ("Pembina" or the "Company") is pleased to announce that Pembina Gas Infrastructure Inc. ("PGI"), a Western Canadian focused gas processing entity jointly owned by Pembina...
Veren announces strategic infrastructure transaction
9/9/2024 - Veren Inc. (“Veren”, or the “Company”) is pleased to announce it has entered into a strategic long-term partnership with Pembina Gas Infrastructure (“PGI”) related to certain infrastructure assets in ...
Hertz Energy Enters Option to Acquire Harriman Antimony Property in Quebec
9/6/2024 - Hertz Energy Inc. ("Hertz" or the "Company") is pleased to announce the acquisition of the Harriman Antimony Property ("Harriman Property" or the "Property") comprised of 49 mineral claims (approximat...
Prospera Energy Inc. Announces Increased Working Interest in Core Properties
9/5/2024 - Prospera Energy is pleased to announce a 17% working interest (WI) increase in its core heavy oil assets. As part of this strategic initiative, Prospera Energy has executed agreements with two joint v...
ARC Resources announces asset disposition, operations update
9/4/2024 - ARC Resources Ltd. (“ARC” or the “Company”) provided an operations update alongside a non-core asset disposition and the renewal of its normal course issuer bid (“NCIB”).

Non-Core Asset Dis...
GreenPower Updates Sales Pipeline and Reports First Quarter Fiscal 2025 Results
8/14/2024 - GreenPower Motor Company Inc. ("GreenPower" and the "Company"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo an...
Canadian Net REIT Announces the Sale of Five Gas Station Properties in Quebec
7/17/2024 - Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) (TSX-V: NET.UN) is pleased to announce the successful sale of five gas station properties in Quebec, Qc. Total consideration f...
Tuktu Resources Completes Farm-In Arrangement in Southern Alberta
7/17/2024 - Tuktu Resources Ltd. ("Tuktu" or the "Company") is pleased to announce the completion of the farm-in arrangement previously announced on April 17, 2024, the issuance of stock options to Tuktu's direct...
Pembina Pipeline Announces Pembina Gas Infrastructure’s Acquisition
7/2/2024 - Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) is pleased to announce that Pembina Gas Infrastructure Inc. (“PGI”), a premier gas processing entity in Western Canada jointly owned by P...
Obsidian Energy Announces Closing of Peace River Acquisition
6/26/2024 - Obsidian Energy is pleased to announce it has closed its previously announced acquisition of approximately 1,700 boe/d (100 percent oil, based on April 2024 actual production) of Clearwater production...
Atlantic Towing and Svitzer Modernise Halifax Port Fleet with New Escort Tugboats
6/18/2024 - Atlantic Towing Limited, a member of the J.D. Irving, Limited family of companies and Svitzer have made a significant joint investment in the modernisation of the Port of Halifax fleet by acquiring tw...
Saturn Oil & Gas Inc. Announces the Closing of the Saskatchewan Asset Acquisition
6/14/2024 - Saturn Oil & Gas Inc. announced the completion of the previously announced acquisition of oil-weighted assets in Southern Saskatchewan (the "Acquisition").

The net cash purchase price of th...
Veren Announces Closing of Non-Core Asset Disposition
6/14/2024 - Veren Inc. is pleased to announce that it has successfully closed its previously announced disposition of certain non-core assets in Saskatchewan for $600 million in cash (approximately $540 million i...
Cielo Announces Binding LoI to Acquire Carseland Facility
6/12/2024 - Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a company fueling renewable change, announces that it has entered into a binding letter of intent (“LOI”) to effect a tr...
Parkland Enters into Agreement to Sell its Canadian Propane Business
6/5/2024 - Parkland Corporation ("Parkland") (TSX: PKI), announced it has entered into an agreement with Avenir Energy Ltd. to divest its Canadian commercial propane business for cash consideration of approximat...
Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link
6/4/2024 - Emera Inc. (“Emera”) (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effe...
Surge Energy Announces Non Core Asset Sales
5/29/2024 - Surge Energy Inc. ("Surge" or the "Company") is pleased to announce a number of recent positive operational and financial developments, including: the sale of certain non-core assets, achievement of M...
Blacksteel Energy Inc. Announces Farmout and Royalty Agreement
5/14/2024 - Blacksteel Energy Inc. ("Blacksteel" or "Corporation "or the "Farmee") announces a farmout and royalty agreement ("Agreement") between four private companies (collectively, the "Farmor") and the Corpo...
i3 Energy Announces Partial Sale of the Company's Royalty Assets and Elim
4/17/2024 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that its subsidiary, i3 Energy Canada Ltd., has entered into a definitive agre...

Accounting, Statistics Acquisitions and Divestitures Asset Portfolio Management Economics/Financial Analysis General Industrial Development Insurance Investment Mergers and Acquisitions Risk Management
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.