Edition:
International

Shariq Khan

U.S. oil producer Sundance Energy explores asset sale -document

Oct 21 2021

U.S. oil and gas producer Sundance Energy, which emerged from bankruptcy protection in April, is marketing about 38,800 acres in the Eagle Ford shale basin in South Texas, according to marketing documents seen by Reuters.

Canadian M&A jumps 28% in third quarter, market volatility could slow deals

Oct 07 2021

TORONTO Canadian mergers and acquisitions activity for the third quarter hit its highest since 2016 as historically low interest rates and strong equity markets helped companies to revive transactions that were put on hold due to the pandemic.

Canada's Hydro One seeks bigger M&A targets to boost customers

Oct 05 2021

Ontario's largest electric utility, Hydro One Ltd, is seeking acquisitions worth up to C$500 million ($397 million) to boost its customer base and consolidate the fragmented industry, a spokeswoman told Reuters.

UPDATE 1-Abu Dhabi's TAQA looks for complete Canadian oil and gas exit -sources

Sep 29 2021

Sept 29 Abu Dhabi National Energy Co has hired advisors to sell all its oil and gas producing assets in Canada as part of a drive to reduce its carbon footprint, sources familiar with the matter told Reuters on Wednesday.

CORRECTED-Cannabis SPAC deals hit nadir after investors snub sector

Sep 24 2021

Sept 23 U.S. blank check firms eyeing cannabis companies are struggling to find suitable targets and many are merging into unrelated industries, as weak after market performance of recent Special Purpose Acquisition Corps listings dent confidence.

U.S. shale producer Centennial launches Texas land sale

Sep 24 2021

U.S. shale oil producer Centennial Resource Development Inc is seeking buyers for properties covering about 6,000 net acres in the southern Delaware basin of Texas, according to the company managing the sale.

Northern Oil and Gas in lead to buy stake in Comstock Bakken assets -sources

Sep 17 2021

Northern Oil and Gas is the front-runner to buy a stake in Comstock Resources' Bakken assets in North Dakota, three sources familiar with the matter told Reuters.

Exclusive: U.S. shale oil firm Pioneer Natural launches land sale - sources

Sep 17 2021

Top U.S. shale oil producer Pioneer Natural Resources Co has put its assets in the Delaware basin of Texas on the block, aiming to secure more than $2 billion for the properties, two sources familiar with the matter told Reuters on Friday. A strong rebound in crude oil prices following last year's pandemic-led crash has sparked a wave of shale consolidation and opened a window for producers to offload unwanted properties. Pioneer wants to streamline its business and reduce debt after two big acquisitions this year. In March, it sold an oilfield services business for an undisclosed amount.

Northern Oil and Gas in lead to buy stake in Comstock Bakken assets - sources

Sep 17 2021

Sept 17 Northern Oil and Gas is the front-runner to buy a stake in Comstock Resources' Bakken assets in North Dakota, three sources familiar with the matter told Reuters.

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