(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.) By Robert Cyran NEW YORK, Oct 26 (Reuters Breakingviews) - EQT is buying local rival Range Resources to create a US leader. Cost savings won’t cover the 21% premium being paid, but boss Toby Rice sees more. Although Appalachian producers must export, data centers are spurring local demand, auguring higher production and, perhaps, prices. Full view will be published shortly. Follow Robert Cyran on [Read more]
Headlines
Ksi Lisims finalizes supply deal with German utility SEFE
VANCOUVER - Ksi Lisims LNG has finalized a deal to supply natural gas to German utility Securing Energy for Europe. Under a binding sale and purchase agreement, SEFE is to buy one million tonnes per year of liquefied natural gas for 20 years, with deliveries set to begin in the early 2030s. SEFE and Ksi Lisims signed an initial heads of agreement in May of this year. The project on the north coast of British Columbia near the Alaska border now has binding contracts for seven [Read more]
Highvale Energy Limited: Property Divestiture
Highvale Energy Limited (“Highvale” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of its oil and natural gas interests located in the Cherhill area of Alberta (the “Property”). Following recent repairs and reactivations, current production from the Property is approximately 173 boe/d, consisting of 783 Mcf/d of natural gas and 43 bbl/d of oil and natural gas liquids. Average daily production net to Highvale from Cherhill for the six months [Read more]
Ovintiv to buy Logan Energy for USD$890 million, expanding Montney oil position
Oil and gas producer Ovintiv said on Monday it would acquire Canadian producer Logan Energy in an all-cash deal valuing the company at about $890 million, including debt. Here are more details: * Ovintiv would pay C$1.40 ($0.9986) per share for Logan * The deal would add about 266,000 net acres in the oil-rich Montney region and roughly 20,000 barrels of oil equivalent per day of production * Ovintiv said the acquisition would add about 420 net drilling locations, including 220 [Read more]
Ovintiv Announces Agreement to Acquire Montney Oil Producer, Logan Energy Corp.
Transaction Unlocks Incremental Profitability, Provides Additional Oil Growth Optionality, and Adds to Premium Return Drilling Inventory Highlights: Agreement reached to acquire Logan Energy Corp. for C$1.40 per share in cash for total consideration of approximately $890 million (C$1.26 billion) including the assumption of Net Debt Ovintiv's shareholder returns plan is unchanged – targeting 2026 shareholder returns of at least 60% of Non-GAAP Free Cash Flow Acquisition is expected to [Read more]
Logan Energy Corp. announces agreement to be acquired by Ovintiv Inc. for $1.40 per share in cash and the spin-out of Logan Oil Corp., a new growth-oriented oil company
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW/ CALGARY, AB, Oct. 26, 2026 /CNW/ -- Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce that it has entered into a definitive arrangement agreement dated October 26, 2026 (the "Arrangement Agreement") with Ovintiv Inc. ("Ovintiv") (NYSE, TSX: OVV) and Ovintiv Canada ULC ("Ovintiv [Read more]
EQT Announces Strategic Acquisition of Range Resources, Creating America’s Undisputed Natural Gas Champion
CANONSBURG, Pa. and FORT WORTH, Texas, Oct. 26, 2026 /PRNewswire/ -- EQT Corporation ("EQT") (NYSE: EQT) and Range Resources Corporation ("Range") (NYSE: RRC) today announced that they have entered into a definitive merger agreement, under which EQT will acquire Range in an all-stock transaction to create America's leading natural gas company with a pro forma enterprise value over $50 billion. The combination brings together two of the highest-quality natural gas assets in North America, [Read more]
Federal Conservatives pitch bill that would end B.C.’s tanker ban
OTTAWA - Conservative Leader Pierre Poilievre has asked Prime Minister Mark Carney to repeal the oil tanker ban on British Columbia's northern coast months after Canada inked a deal not to change it. Poilievre was one of several Opposition MPs who signed a letter to Carney as a federal Tory bill to scrap the tanker ban goes for second reading this week. The group says the tanker ban "effectively donates" billions of dollars to the United States by forcing Canada to sell discounted oil [Read more]
Bank of Canada now expected to hike key rate as it faces ‘pivotal decision’
Expectations are rising that the Bank of Canada will indeed raise interest rates this week as it considers the effect of higher energy prices on the economy. Financial market odds for a rate hike stood at nearly 78 per cent as of Friday afternoon, according to LSEG Data & Analytics. The Bank of Canada has held its policy rate at 2.25 per cent for seven consecutive meetings. RBC economists said in a note to clients Thursday that they are now expecting a quarter-point hike as the [Read more]
Oil slips from near six-months highs despite supply concerns
Oil prices fell on Monday after surging to near six-month highs late last week, although ongoing attacks on Saudi Arabia kept supply concerns in focus. US crude futures were down $1.60, or 1.55%, at $101.67 per barrel by 0018 GMT. Brent crude futures were down $1.56 or 1.34% at $115.16. Prices had settled nearly $3 higher on Friday after Houthi attacks in Saudi Arabia stoked energy supply concerns. Brent finished the week up 6% and WTI ended 2.3% higher. Attacks continued over the [Read more]
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