M&A

  • Canada’s Tourmaline Acquires 2 Companies Worth $585 MM

    Canada’s Tourmaline Acquires 2 Companies Worth $585 MM

    Thursday, 5th November 2020

    Canadian oil and gas producer, Tourmaline Oil Corporation (Tourmaline), has acquired fellow oil and gas company, Jupiter Resources, in an all-stock deal reported at approximately $476 million, inclusive of debt.

  • Cenovus, Husky Announce Merger

    Cenovus, Husky Announce Merger

    Monday, 26th October 2020

    Cenovus Energy and Husky Energy have announced a transaction to create a new integrated Canadian oil and natural gas company with an integrated upstream and downstream portfolio which will provide increased funds.

  • ConocoPhillips to buy Concho Resources in Landmark $9.7 B Deal

    ConocoPhillips to buy Concho Resources in Landmark $9.7 B Deal

    Tuesday, 20th October 2020

    ConocoPhillips and Concho Resources have announced that they have entered into a definitive agreement to combine companies in an all-stock transaction for a total of $9.7 billion in an attempt to further consolidate the shale industry.

  • Devon Energy to Buy Rival Shale Company

    Devon Energy to Buy Rival Shale Company

    Tuesday, 29th September 2020

    US oil and gas producer, Devon Energy Corporation, will buy shale-oil rival WPX Energy for an estimated $2.56 billion as it looks to cement its position in the top US oilfield.

  • ConocoPhillips Completes Montney Acreage Acquisition

    ConocoPhillips Completes Montney Acreage Acquisition

    Sunday, 23rd August 2020

    US supermajor ConocoPhillips has announced its completion of the Montney acreage acquisition in Canada from Kelt Exploration for a total of $390 million.

  • Energean Amends Edison E&P Acquisition for $178 MM

    Energean Amends Edison E&P Acquisition for $178 MM

    Monday, 29th June 2020

    Energean announced that it has received a discount for its acquisition of the Edison E&P, paying only $178 million from an initial $750 million.