mergers


All posts for mergers

3 Reasons Why Mergers & Acquisitions Hurt Customer Relationships

As the industry moves to producing from hotter, harsher, and deeper pay zones, oil producers are facing newer, complex challenges. Traditionally, operators would overcome these production obstacles by working with a service company, whose responsibility it would be to design fit-for-purpose artific ...

Mari Rada


Posted 1 year agoOpinion > mergersArtificial LiftValiant ALS +3

Statoil joins Shell and other foreign companies exiting Canadian projects

Norway's oil and gas powerhouse Statoil ASA has finalised its exit from the Canadian oilsands and is by no means alone in a list of high-profile internationally-based operators to agree a sale of Canadian upstream assets during the past 12 months. Statoil (Oslo:STL) is selling its interest in the ...

Mark Young


Posted 2 years agoOpinion > CanadaStatoilShell +7

Low-cost light oil production drives Viking M&A deals

Low-cost light oil production is the key factor driving dramatic and sustained volumes of M&A activity within Canada's high-profile Viking formation. More than Cdn$8 billion in asset and corporate deals involved Viking light oil assets in Eastern Alberta and Saskatchewan in 33 separate deals si ...

Mark Young


Posted 2 years agoOpinion > mergersacquisitionsCanada +7

Upstream oil and gas M&A in Canada reaches Cdn$1.2 billion in December 2016

The value of December's announced M&A deals in the Canadian E&P sector totalled just over Cdn$1.2 billion – a sum around $300 million down on the equivalent totals in November and October, but still above the 2016 average of around Cdn$1 billion. This is according to data available in CanOils lates ...

Mark Young


Posted 2 years agoOpinion > CanadamergersAcquisition +6

Marcellus shale sees massive resurgence in M&A activity

There was nearly eight times more invested in asset and corporate acquisitions in the Marcellus shale in 2016 than 2015, according to new analysis in Evaluate Energy's global M&A review for 2016 . Marcellus assets changed hands for a total of US$7.25 billion in 2016 – a massive increase on US$920 ...

Mark Young


Posted 2 years agoOpinion > MarcellusShaleShale Gas +6

Upstream M&A in Canada exceeds Cdn$1.5 billion in November 2016

The value of November's announced M&A deals in the Canadian E&P sector totalled just over Cdn$1.5 billion – a sum almost identical to the equivalent total recorded in October. The full CanOils review of November upstream deal activity can be downloaded here. This month, however, it was more than j ...

Mark Young


Posted 2 years agoOpinion > upstreamCanadamergers +7