Acquisitions and Divestitures News in Canada

Pembina Pipeline Announces Pembina Gas Infrastructure’s Acquisition
7/2/2024 - Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) is pleased to announce that Pembina Gas Infrastructure Inc. (“PGI”), a premier gas processing entity in Western Canada jointly owned by P...
Obsidian Energy Announces Closing of Peace River Acquisition
6/26/2024 - Obsidian Energy is pleased to announce it has closed its previously announced acquisition of approximately 1,700 boe/d (100 percent oil, based on April 2024 actual production) of Clearwater production...
Atlantic Towing and Svitzer Modernise Halifax Port Fleet with New Escort Tugboats
6/18/2024 - Atlantic Towing Limited, a member of the J.D. Irving, Limited family of companies and Svitzer have made a significant joint investment in the modernisation of the Port of Halifax fleet by acquiring tw...
Saturn Oil & Gas Inc. Announces the Closing of the Saskatchewan Asset Acquisition
6/14/2024 - Saturn Oil & Gas Inc. announced the completion of the previously announced acquisition of oil-weighted assets in Southern Saskatchewan (the "Acquisition").

The net cash purchase price of th...
Veren Announces Closing of Non-Core Asset Disposition
6/14/2024 - Veren Inc. is pleased to announce that it has successfully closed its previously announced disposition of certain non-core assets in Saskatchewan for $600 million in cash (approximately $540 million i...
Cielo Announces Binding LoI to Acquire Carseland Facility
6/12/2024 - Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a company fueling renewable change, announces that it has entered into a binding letter of intent (“LOI”) to effect a tr...
Parkland Enters into Agreement to Sell its Canadian Propane Business
6/5/2024 - Parkland Corporation ("Parkland") (TSX: PKI), announced it has entered into an agreement with Avenir Energy Ltd. to divest its Canadian commercial propane business for cash consideration of approximat...
Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link
6/4/2024 - Emera Inc. (“Emera”) (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effe...
Surge Energy Announces Non Core Asset Sales
5/29/2024 - Surge Energy Inc. ("Surge" or the "Company") is pleased to announce a number of recent positive operational and financial developments, including: the sale of certain non-core assets, achievement of M...
Blacksteel Energy Inc. Announces Farmout and Royalty Agreement
5/14/2024 - Blacksteel Energy Inc. ("Blacksteel" or "Corporation "or the "Farmee") announces a farmout and royalty agreement ("Agreement") between four private companies (collectively, the "Farmor") and the Corpo...
i3 Energy Announces Partial Sale of the Company's Royalty Assets and Elim
4/17/2024 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce that its subsidiary, i3 Energy Canada Ltd., has entered into a definitive agre...
Russel Metals Provides an Update on its Transaction with Samuel, Son & Co., Limited
4/15/2024 - Russel Metals Inc. (RUS: TSX) is providing an update with respect its previously announced transaction (the "Transaction") to acquire seven service center locations from Samuel, Son & Co., Limited ("S...
Paramount Disposes of a Portion of Its Investment in the Common Shares of NuVista Energy Ltd.
4/12/2024 - Paramount Resources Ltd. ("Paramount" or the "Company") announces that it sold 6,000,000 common shares ("NuVista Shares") of NuVista Energy Ltd. ("NuVista") on April 11, 2024 by means of a block trade...
Pembina Pipeline Closes Acquisition of Enbridge’s Interest in Alliance/Aux Sable
4/1/2024 - Pembina Pipeline Corporation is pleased to announce that it has completed its previously announced acquisition of Enbridge’s interest in the Alliance, Aux Sable, and NRGreen joint ventures (the "Trans...
Saturn Oil & Gas Inc. Announces Sale of Non-Core Deer Mountain Property
4/1/2024 - Saturn Oil & Gas Inc. ("Saturn" or the "Company") is pleased to announce the Company has entered into a definitive agreement with a private operator to sell its non-core Deer Mountain property in Nort...
East West Petroleum Provides Update on Sale of New Zealand Oil and Gas Properties
3/25/2024 - East West Petroleum Corp. ("East West" or the "Company") is pleased to provide this update in regard to the status of the sale of the New Zealand oil and gas properties.

Pursuant to the ter...
SolarBank to Acquire Solar Flow-Through Funds Ltd. In All Stock Transaction valued at $45 Million
3/20/2024 - Upfront consideration of $25.53 million and contingent consideration of $16.31 million – SolarBank's existing share ownership of SFF excluded
Solar Flow-Through ("SFF") owns a total of 70 opera...
Northern to Not Exercise or Extend Option to Acquire Stake in NeoGraf
3/7/2024 - Northern Graphite Corporation (the "Company" or "Northern") announces today that it will not exercise or extend its agreement with Edgewater Capital Partners ("Edgewater") providing it with an option ...
Denison Announces Exclusive Acquisition of MaxPERF Tool Systems
2/26/2024 - Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has completed an acquisition of fixed and mobile MaxPERF Tool Systems from Penetrators Canada Inc. ("Pene...
Hut 8 completes transaction to acquire four power generation facilities totaling 310 MW
2/15/2024 - Hut 8 Corp. one of North America’s largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers has completed its previously announced stalking horse ...

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