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2015-03-31 20:55:00

CANADA OIL&GAS M&A

CANADA OIL&GAS M&A

Mike Rose started Tourmaline Oil Corp., now Canada's third-largest natural gas producer, by scooping up land the last time energy companies were in a slump. Seven years on, he's at it again.

Tourmaline bought a gas property last week for C$257 million ($201 million) in shares and Rose, chairman and CEO, plans to pick up additional assets. He's been in touch with large companies he bets will be pressured to sell if low prices persist.

"We've stayed close to certain companies and you kind of peck away at them and maybe you get them in a weak moment," Rose, 57, said in an interview at Bloomberg's New York headquarters.…

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Tags: OIL, GAS, PRICES, CANADA, US,
Chronicle:
CANADA OIL&GAS M&A
2019, May, 24, 09:55:00
SOME PROBLEMS OF WORLD ENERGY. PART FOUR.
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CANADA OIL&GAS M&A
2019, May, 24, 09:50:00
FIRST BANGLADESH'S LNG
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CANADA OIL&GAS M&A
2019, May, 23, 12:35:00
OIL PRICE: ABOVE $70 YET
Brent crude futures were at $70.36 per barrel, down 63 cents, or 0.9%, from their last close. U.S. West Texas Intermediate (WTI) crude futures were down by 51 cents, or 0.8%, at $60.91 per barrel.
CANADA OIL&GAS M&A
2019, May, 23, 12:15:00
U.S. SANCTIONS FOR GERMANY
The German Economy Ministry has taken note of the threat of U.S. sanctions being placed on the Nord Stream 2 gas pipeline project, a spokeswoman said on Wednesday, adding that Berlin rejected sanctions that have extraterritorial effect.
CANADA OIL&GAS M&A
2019, May, 23, 12:10:00
RUSSIA'S GAS FOR AUSTRIA: +44%
the meeting participants discussed the ongoing exports of Russian gas to Austria, noting that gas exports to the country continue to grow in 2019 and the pace is accelerating. According to preliminary data, gas supplies went up by 20.5 per cent in January-April 2019 compared to the same period of 2018, while the May 1–20 period of this year showed a 44 per cent increase.
CANADA OIL&GAS M&A
2019, May, 23, 12:05:00
VIETNAM, RUSSIA LNG
NOVATEK announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas facility with annual liquefaction capacity of 19.8 million tons under the Arctic LNG 2 project. The contract terms provide for the launch of the first train of the project in 2023.
CANADA OIL&GAS M&A
2019, May, 23, 12:02:00
21ST AFRICA ENERGY FORUM | 11-14TH JUNE | PORTUGAL
The Africa Energy Forum (AEF) is the global investment meeting for Africa’s power, energy, infrastructure and industrial sectors.
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