Dan Rutherford

IPC Canada released its Q3 report recently, and the company did highlight some recent M&A transactions that have transformed the company’s asset base. While the Blackrod oil sands project remains a major focus for IPC, these transactions do provide some insight into the company’s other areas of interest. The Q3 report cites the completion of

Mergers & acquisition activity in the Canadian energy sector continues to the most active we have seen in many years. Yesterday, Crescent Point Energy announced its second transformational acquisition in the Alberta Montney within the calendar year. Crescent Point announced that it was acquiring Hammerhead Resources for $2.55 billion. This follows up on the company’s

The September data is out for the highest producing oil and gas wells in Canada. As always, we use calendar day production metrics so these are real volumes produced in the month. The list of the top 15 liquids wells (oil + condensate) and top 15 natural gas wells based on production from the month

Canadian Natural Resources is the largest and one of, if not the most respected name in the Canadian energy sector. As such, it is always interesting to follow what the company is up to, where it is allocating its capital, and any changes in asset mix or activity levels. That’s why it was noteworthy over

Ovintiv has a bit of a reputation for blasting a lot of natural gas into the Canadian market at the drop of a hat. It’s probably an unfair reputation, but it is the direct result of having some of the best Montney acreage around, and routinely drilling the most prolific natural gas wells in Canada.

The November data is out for the highest producing oil and gas wells in Canada. As always, we use calendar day production metrics so these are real volumes produced in the month, and averaged over a 30 day period. The list of the top 15 liquids wells (oil + condensate) and top 15 natural gas

Using BOE Intel’s public data mineral rights transfer tool, we noticed last week that Baytex acquired 66 net sections (16,896 hectares) of mineral rights near the company’s existing Peace River acreage. The mineral rights were transferred from Grizzly Oil Sands ULC on January 11th, 2024. Pictured below is the mineral rights transfer. Figure 1 -

Woodside Energy Group, an Australian company, reported its Q4 yesterday, and contained within the report was a notable transaction in Canada. The transaction describes a joint venture in the Liard Basin in Canada with Paramount Resources, where Paramount will assume operatorship of a 50/50 joint venture in all Liard leases. Source: Woodside Energy Group Fourth

MEG Energy reported its Q4 results late last week. Along with the results, the company announced a CEO succession plan, with the appointment of Darlene Gates, the Corporation’s current Chief Operating Officer, to succeed Mr. Evans as President and Chief Executive Officer. MEG’s stated use of free cash flow (FCF) has been directed 50% to

While Paramount Resources has not yet reported its Q4 (post publishing note: the quarterly report is now out. Click here for details on Paramount’s quarter as well as for further information from the company on the disposition referenced in this article), subscribers to BOE Intel will have noticed some interesting asset transfers over the last