Market consolidation | Egypt Oil & Gas

Canada’s Tourmaline Acquires 2 Companies Worth $585 MM

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 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. ...

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