Acquisitions and Divestitures News in Canada

Enbridge Announces $3.1 Billion Sale of its Interests in Alliance Pipeline and Aux Sable
12/13/2023 -  Enbridge Inc. ("Enbridge") (TSX: ENB) (NYSE: ENB) announced today that it has entered into a definitive agreement to sell its 50.0% interest in Alliance Pipeline ("Alliance") and its 42.7% interest i...
ANGKOR Acquires Oil Production & Expands Carbon / Gas Capture
12/12/2023 - ANGKOR RESOURCES CORP. (“ANGKOR”) announces that its 100%-owned energy subsidiary, EnerCam Exploration Ltd. (“EnerCam”), has signed agreements on Dec. 12th, 2023 with Project Operator Eyehill Creek E...
Spartan Delta Announces Duvernay Acquisitions, Preliminary 2024 Guidance
11/28/2023 - Spartan Delta Corp. (“Spartan”) (TSX:SDE) is pleased to announce the completion of a series of asset acquisitions (collectively, the “Acquisitions”) in the West Shale Basin Duvernay (the “Duvernay”) f...
Baytex Announces Sale of Viking Assets at Forgan and Plato
11/27/2023 - Baytex Energy Corp. has entered into a definitive agreement to sell certain of its Viking assets located at Forgan and Plato in southwest Saskatchewan, effective October 1, 2023, for $153.8 million. <...
Perpetual Energy Closes Previously Announced Asset Disposition
11/22/2023 - Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to announce that it has closed its previously announced asset disposition of certain assets at Mannville in Eastern Alberta to Canadian...
Suncor Energy Closes Purchase of TotalEnergies’ Canadian Operations
11/20/2023 - Suncor Energy (TSX: SU) (NYSE: SU) announced it has closed the transaction to purchase TotalEnergies EP Canada Ltd., which includes the remaining 31.23% working interest in the Fort Hills Project. ...
TotalEnergies Completes the Sale of its Upstream Canadian assets to Suncor
11/20/2023 - TotalEnergies has completed today the sale to Suncor of the entirety of the shares of TotalEnergies EP Canada Ltd., comprising notably its participation in the Fort Hills oil sands asset and associate...
Acquisition of a 77% interest in Teck’s steelmaking coal business for US$6.93 bn
11/14/2023 - Glencore plc (“Glencore”) announces that it has entered into a binding agreement with Teck Resources Limited (“Teck”), for the acquisition of a 77% effective interest in the entirety of Teck’s steelma...
Hammerhead Energy Enters into Agreement to be Acquired by Crescent Point
11/6/2023 - Hammerhead Energy Inc. ("Hammerhead") is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Crescent Point Energy Corp. (“Crescent Point...
SolarBank Closes Acquisition of 2.5 MW Solar Sites in Ontario
11/2/2023 - SolarBank Corporation has closed its previously announced acquisition of control of two corporations that hold solar projects located in Ontario with a combined capacity of 2.5 MW (the “Projects”). Th...
Avalon to Transfer the Separation Rapids & Lilypad Projects into JV with Sibelco
11/2/2023 - Further to its news release dated June 15, 2023, and consistent with its strategic objective to build Ontario's first vertically integrated lithium supply chain serving the North American EV battery m...
Tecpetrol & Alpha Lithium Announce Subsequent Acquisition Transaction
11/2/2023 - - Tecpetrol and Alpha are pleased to announce that they have entered into an agreement regarding a subsequent acquisition transaction under which Tecpetrol will acquire all remaining Alpha shares
...
Tecpetrol Announces Successful Completion of Offer
11/1/2023 - Tecpetrol Investments S.L. ("Tecpetrol"), a member of the Techint Group, is pleased to announce that Tecpetrol's board-recommended offer (the "Offer") to acquire all of the common shares of Alpha Lith...
Patriot Expands its Land Position at its Eastmain Project
10/31/2023 - Patriot Battery Metals Inc. (the "Company" or "Patriot") (TSXV: PMET) (OTCQB: PMETF) (FSE: R9GA) is pleased to announce that it has increased its land position at its Eastmain Project, located in the ...
Prairie Provident Resources Announces Strategic Asset Sales
10/30/2023 - Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) is pleased to announce that it has entered into a definitive agreement with a private oil and gas company to sell the Company's ...
RETI and Sumitomo Announce Agreement for Carbon Transportation and Sequestration Project in Alberta
10/24/2023 - Reconciliation Energy Transition Inc. ("RETI") and Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corporation, (together "Sumitomo") (collectively the "Parties") are pleased to announce th...
Perpetual Energy Announces Asset Disposition & Updated 2023 Guidance
10/17/2023 - Perpetual Energy Inc. (“Perpetual”) is pleased to announce that it has entered into a Definitive Agreement (the "Agreement") with Canadian private operator Pointbreak Resources Inc. to sell certain as...
Capital Power announces agreement to acquire 50.15% interest in Frederickson 1 Generating Station
10/10/2023 - Capital Power Corporation (“Capital Power” or “the Company”) has executed an agreement to acquire a 50.15% ownership interest in the Frederickson 1 Generating Station (“Frederickson 1” or “the Facilit...
Suncor Energy to Acquire TotalEnergies' Canadian Operations for $1.468 Billion
10/4/2023 - Includes a 31.23% working interest in the Fort Hills project, with Suncor now owning 100%
Adds 61,000 barrels per day of bitumen production capacity, 675 million barrels of 2P reserves
Secur...
TotalEnergies Closes the Sale of its Interest to ConocoPhillips & to Suncor
10/4/2023 - TotalEnergies EP Canada Ltd. has finalized today the sale to ConocoPhillips of its 50% interest in the Surmont oil sands asset and associated midstream commitments. The transaction, for a base amount ...

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