BOE Report

Strathcona Resources Ltd. Responds to MEG Board Recommendation

CALGARY, AB, Sept. 16, 2025 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona") today responded to the recommendation by the Board of Directors (the "MEG Board") of MEG Energy Corp. ("MEG") on September 15, 2025 to vote in favour of the arrangement agreement between MEG and Cenovus Energy Inc. announced on August 22, 2025 (the "MEG Board Deal"), and to reject Strathcona's amended and extended take-over bid announced on September 8, 2025 (the "Amended Offer").   Strathcona is [Read more]

Chord Energy Announces Strategic Acquisition of Williston Basin Assets

HOUSTON, Sept. 15, 2025 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") today announced that a wholly owned subsidiary of Chord has entered into a definitive agreement to acquire assets in the Williston Basin from XTO Energy Inc. and affiliates (collectively, "XTO"), subsidiaries of Exxon Mobil Corporation, for total cash consideration of $550 million, subject to customary purchase price adjustments. The consideration is expected to be funded [Read more]

ARC Resources Ltd. confirms quarterly dividend of $0.19 per share for October 15, 2025

CALGARY, AB, Sept. 15, 2025 /CNW/ - (TSX: ARX) ARC Resources Ltd. ("ARC") confirms a quarterly eligible dividend amount of $0.19 per share for October 15, 2025 to shareholders of record on September 29, 2025. At September 15, 2025, the trailing 12-month payments to shareholders total $0.74 per share. About ARC ARC Resources Ltd. is the largest pure-play Montney producer and one of Canada's largest dividend-paying energy companies, featuring low-cost operations. ARC's investment-grade [Read more]

Whitecap Resources Inc. confirms monthly dividend for September 2025 of $0.0608 per share

CALGARY, AB, Sept. 15, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn. $0.0608 per common share in respect of September operations will be paid on October 15, 2025 to shareholders of record on September 30, 2025.  This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). About Whitecap Whitecap Resources Inc. is a leading Canadian energy company committed to delivering reliable returns to shareholders through the [Read more]

EQT Signs 20-Year Deal with NextDecade for 1.5 MTPA of LNG from Rio Grande LNG Train 5

PITTSBURGH, Sept. 3, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) announced today that it has secured 1.5 million tonnes per annum (MTPA) of liquefaction capacity under a 20-year Sale and Purchase Agreement (SPA) with NextDecade Corporation (NextDecade) at Train 5 of the Rio Grande LNG export facility in Texas. The agreement will be on a free-on-board basis at a price indexed to Henry Hub, subject to NextDecade making a positive final investment decision (FID) on Train 5. Toby Z. Rice, [Read more]

Strathcona Resources Ltd. Confirms Acquisition of Additional Common Shares of MEG Energy Corp.

CALGARY, AB, Sept. 2, 2025 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona") confirmed that it has purchased 6,664,400 common shares ("MEG Shares") of MEG Energy Corp. ("MEG") today for aggregate consideration of approximately $190.8 million, in accordance with applicable securities laws. The average price paid for all MEG Shares purchased by Strathcona since the commencement of the Offer (as defined below) in accordance with applicable securities laws is $28.64 per MEG Share. The [Read more]

Strathcona Resources Ltd. Announces Intention to Purchase Additional Common Shares of MEG Energy Corp.

CALGARY, AB, Aug. 28, 2025 /PRNewswire/ - Strathcona Resources Ltd. ("Strathcona") announced today that it intends, subject to market conditions, to purchase an additional 5% of the outstanding common shares (the "MEG Shares") of MEG Energy Corp. ("MEG") in accordance with applicable securities laws and the Offer (as defined below).   Strathcona currently owns 23.4 million MEG Shares, representing approximately 9.2% of the issued and outstanding MEG Shares. Under applicable Canadian [Read more]

Harvest Midstream accelerates expansion with $1 billion acquisition of MPLX Uinta and Green River Basin gas gathering & processing assets

HOUSTON, Aug. 27, 2025 /PRNewswire/ -- Harvest Midstream ("Harvest") today announced the signing of a purchase and sale agreement with MPLX LP (NYSE: MPLX) for the acquisition of an extensive natural gas gathering and processing network in the Uinta and Green River basins across Wyoming, Utah, and Colorado for $1 billion. The transaction is expected to close in the fourth quarter of 2025 and marks a significant milestone in Harvest's continued evolution into one of the nation's leading privately [Read more]

Eiger Express Pipeline Reaches Final Investment Decision to Transport Growing Natural Gas Production from the Permian Basin to the Gulf Coast Region

AUSTIN, Texas, Aug. 25, 2025 /PRNewswire/ -- WhiteWater today announced that WhiteWater, MPLX LP (NYSE: MPLX), ONEOK, Inc. (NYSE: OKE) and Enbridge Inc. (NYSE: ENB), through their Matterhorn joint venture ("Matterhorn JV"), have partnered with affiliates of ONEOK and MPLX and reached final investment decision to move forward with the construction of the Eiger Express Pipeline, having secured sufficient firm transportation agreements with primarily investment grade shippers. The Eiger Express [Read more]

Consolidation reshapes the U.S. oil and gas industry: EY study finds the sector shrinking from top 50 to top 40 players

Year-over-year mergers and acquisitions (M&A) activity surged 331%, totaling $206.6 billion Focus shifts to future drilling potential through strategic acquisitions Capital returned to shareholders declined NEW YORK, Aug. 19, 2025 /PRNewswire/ -- The U.S. oil and gas industry is experiencing a seismic transformation, driven by a wave of mergers and acquisitions that has narrowed the field of top publicly traded exploration and production companies from 50 to just 40. This shift is [Read more]