Acquisitions and Divestitures News in Canada

Lucero Energy Announces $104.5M Asset Disposition
6/15/2023 - Lucero Energy Corp. is pleased to announce the Company has executed and closed a definitive purchase and sale agreement with an arm's length purchaser, to divest of certain non-strategic, non-operated...
Gibson Expands Infrastructure Platform with Acquisition of STGT
6/14/2023 - Transaction Highlights
• Enhances Gibson’s leading liquids-focused infrastructure business with on-strategy acquisition of high-quality export terminal at Ingleside, one of only two Texas Gulf Co...
Westbridge Renewable to Monetize 1.4 GW Alberta Solar PV Portfolio
6/1/2023 - Westbridge Renewable Energy Corporation (WEB) (WEGYF) (PUQ) ("Westbridge", "Westbridge Renewable") is pleased to announce that it has entered into definitive agreements entered into on June 1st 2023 ...
World Energy GH2 Acquires the Port of Stephenville Port
6/1/2023 - World Energy GH2 Inc. has successfully closed the acquisition of the Port of Stephenville. The port is a critical piece of infrastructure as World Energy GH2 works to advance green energy projects in...
MYTILINEOS Enters Canadian Market with Acquisition of 1.4 GW Alberta Solar PV Portfolio
6/1/2023 - MYTILINEOS Energy & Metals has entered into definitive agreements (each a “Share Purchase Agreement”) in connection with the purchase by MYTILINEOS’ M Renewables of a portfolio of 5 solar projects lo...
Source Rock Closes Saskatchewan Light Oil FEE Title & Royalty Acquisition with Drill Commitments
6/1/2023 - Source Rock Royalties Ltd., a pure-play oil and gas royalty company with an established portfolio of light oil focused royalties, announces that it has closed the acquisition of fee title mineral inte...
Magna Completes Acquisition of Veoneer Active Safety Business
6/1/2023 - Magna strengthens its active safety business with the completion of its acquisition of Veoneer Active Safety from SSW Partners. The deal, which closed today, positions Magna as one of a few suppliers ...
Suncor Energy Provides Update on Acquisition of TotalEnergies' Canadian Operations
5/26/2023 - Suncor Energy has been notified that ConocoPhillips Canada ("ConocoPhillips") has elected to exercise their right of first refusal with respect to TotalEnergies' 50% working interest in the Surmont as...
Stallion Discoveries & ATHA Energy Form Option for JV Creating the Largest Contiguous Project
5/16/2023 - Stallion Discoveries Corp. has entered into a binding letter of intent with Atha Energy Corp. (“Atha”) pursuant to which the Company and Atha shall seek to enter into definitive agreements which shall...
ION Energy Acquires New Lithium Pegmatite Project Located in the Yellowknife Pegmatite Province
5/11/2023 - Highlights
Bliss Lake Lithium Project is 5,798 hectares in area and totals five contiguous licences;
Less then 15km from Li-FT Power Ltd's "Road Access Group" where numerous lithium bear...
Spartan Delta Completes Asset Sale & Provides Additional Details
5/10/2023 - Spartan Delta Corp. is pleased to announce that it has completed the sale of its Gold Creek and Karr Montney assets to Crescent Point Energy Corp. for cash consideration of $1.7 billion (the "Asset Sa...
Crescent Point Closes Strategic Montney Acquisition
5/10/2023 - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has successfully closed its previously announced strategic and accretive acquisiti...
IFR Signs New LOI with Jaguar with Option to Extend Proposed Farm-In Arrangement
5/9/2023 - International Frontier Resources Corporation ("IFR") announces that it has entered into an agreement with Jaguar Exploracion S.A.P.I. de C.V. ("Jaguar"), a privately owned Mexican oil and gas company ...
Enbridge to Acquire Aitken Creek Natural Gas Storage from FortisBC Holdings Inc. for $400 million
5/1/2023 - Enbridge Inc. announced that, through a wholly-owned subsidiary, it has entered into a definitive agreement with FortisBC Holdings Inc. to acquire its interest in FortisBC Midstream Inc., which holds ...
ROK Resources Completes $47.25 Million of Non-Core Asset Dispositions
4/3/2023 - ROK Resources Inc. has completed its previously announced dispositions of certain non-core assets (the "Assets") for total combined proceeds of approximately $47.25 million, before normal closing adju...
Metalore to Acquire Remaining 48% Interest in Gas Properties
3/31/2023 - Metalore Resources Limited ("Metalore" or the "Company") is pleased to announce that it has entered into an agreement to acquire the remaining 48% interest in Houghton Township, Southwestern Ontario n...
StorageVault to Acquire Three Locations for $21.8 Million
3/29/2023 - STORAGEVAULT CANADA INC. (“StorageVault”) has agreed to acquire three locations from three vendor groups (collectively, the “Vendors”) for an aggregate purchase price of $21,825,000, subject to custom...
Vermilion Energy Confirms Closing of Southeast Saskatchewan Asset Sale
3/29/2023 - Vermilion Energy Inc. is pleased to confirm the closing of the previously announced sale of non-core assets in southeast Saskatchewan for gross proceeds of $225 million, prior to closing adjustments. ...
QatarEnergy Grows its Offshore Exploration Portfolio in Atlantic Canada
3/29/2023 - QatarEnergy entered into a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore the province of Newfoundland and Labrador in Canada.

Pursuant to the agreement, Qata...
Ontario Teachers’ Pension Plan Announces Partnership & Capital Commitment with Sevana Bioenergy
3/28/2023 - Boise, Idaho / Toronto, Ontario - Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) is pleased to announce it has entered into a strategic partnership with Sevana Bioenergy LLC (“Sevana”) tha...

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.