Browsing Tag
Duvernay
5 posts
Carlyle backs C$1bn Parallax deal to build larger Canadian oil platform
Carlyle-backed Avenrock is acquiring Parallax Energy in a reported C$1 billion deal, expanding its Western Canadian light oil strategy.
Journey Energy buys Keyera Rimbey infrastructure stake for C$8m
Journey Energy Inc. has acquired a 0.98% stake in the Keyera Rimbey gas-processing facility, seeking both fee revenue and lower processing costs for its growing Duvernay production.
Journey Energy (TSX: JOY) closes C$28m asset sale as C$31m liabilities leave portfolio
Journey Energy has completed the C$28 million sale of producing Northwest Alberta assets representing roughly 12% of its Q2 production base. The divestment also transfers approximately C$31 million of end-of-life obligations, giving Journey a cleaner balance-sheet profile as capital shifts toward its Duvernay light-oil development.
Whitecap Resources and Veren are merging—Here’s what it means for Canada’s oil sector
Whitecap Resources Inc. and Veren Inc. have entered into a C$15 billion all-share merger agreement to create one…
Pembina Gas Infrastructure to acquire key midstream assets from Veren for C$400m
Pembina Pipeline Corporation has announced a landmark deal through its joint venture, Pembina Gas Infrastructure Inc., to acquire…