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.
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.
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.
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.
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.
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.
Beyond the Pipe: CEO Greg Ebel on Enbridge’s Strategy for M&A, LNG and Transition
New Enbridge CEO Greg Ebel’s is expanding the "FedEx" of midstream across North America and around the globe through M&A, LNG investments and carbon capture.
Energy A&D Transactions from the Week of March 29, 2023
Here’s a snapshot of recent energy deals, including Brookfield Renewable Partner's $10.3 billion deal to acquire Origin Energy's Australian assets and Crescent Energy Partners' $1.28 billion acquisition of Montney assets.
Ovintiv Takes an ‘Encouraged but Measured Approach’ to 2023 Drilling, M&A
After a year of expansion in 2022, Ovintiv plans on a positive but cautious approach to M&A while bringing wells online in the Permian, Montney, Rockies and the Anadarko this year.
Pembina to Sell Near $500 Million Stake in KKR-Backed Gas Pipeline System
The 560-km Key Access Pipeline Systems connects Canada's Montney and Duvernay fields with Keyera Corp.'s Fort Saskatchewan NGL processing facilities.