Montney

Shale Plays , Rig Counts , Trends

Production from Canada’s Montney, Duvernay Gains Momentum

The dust has settled on acquisitions, and the leading players have publicized five-year plans that demonstrate a commitment to increasing production from Canada’s premier shale plays.

January 5, 2024

Acquisitions & Divestitures

Crescent Point Buying Alberta Montney E&P in $1.86 Billion Deal

Crescent Point is extending its premium drilling inventory in the Alberta, Canada, Montney Shale with a roughly US$1.86 billion (CA$2.55 billion) acquisition of Hammerhead Energy.

November 6, 2023

Shale Plays , Exploration & Production , Crude Oil , Natural Gas , Investment , International

Cheaper Canadian Oil, Gas Valuations Lure Potential US Buyers North

The largely untapped potential of Canadian shale is a draw for investors.

November 3, 2023

Liquefied Natural Gas (LNG) , Exploration & Production , Mergers , Natural Gas

Ovintiv CEO McCracken: Magnifying Margins

Ovintiv President and CEO Brendan McCracken has beefed up the E&P’s portfolio with a major acquisition in the Permian and added exposure to the lucrative Canadian LNG market.

October 2, 2023

Exploration & Production , People , Liquefied Natural Gas (LNG) , Acquisitions & Divestitures , The OGInterview

The OGInterview: Ovintiv Magnifies Margins [WATCH]

Ovintiv President and CEO Brendan McCracken has beefed up the E&P’s portfolio with a major acquisition in the Permian and added exposure to the lucrative Canadian LNG market.

October 2, 2023

Shale Plays

Analysts: Top-Tier Drilling Inventory Shrinking as Well Costs Rise

The cost of supply for North American shale producers is expected to continue rising, according to a recent analysis by Enverus Intelligence Research.

September 27, 2023

Acquisitions & Divestitures

Murphy Oil Closes $104MM Divestiture of Non-Core Canada Assets

Murphy Oil sold non-core assets in western Canada for $104 million in cash, with proceeds earmarked for new development in Africa and Asia.

September 18, 2023

Dividends/Buybacks

Baytex Energy Declares Quarterly Dividend

Baytex Energy Corp.’s board of directors has declared a quarterly cash dividend amounting to CA$0.0225 per share, payable on Oct. 2.

July 28, 2023

Acquisitions & Divestitures , Mergers , Joint Ventures

Energy A&D Transactions from the Week of April 19, 2023

Here’s a snapshot of recent energy deals, including Matador Resources' $1.6 billion acquisition of Midland Basin E&P Advance Energy Partners and Kimbell Royalty Partners deal to bolt-on more Northern Midland Basin acreage.

April 19, 2023

Acquisitions & Divestitures , A&D Minute

A&D Minute: Ovintiv Captures Much-needed Inventory with $4.2B Permian Deal [WATCH]

Also in this week's A&D Minute, Crescent Point Energy is acquiring Spartan Delta's Montney assets for $1.28 billion. 

April 5, 2023