The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A well flare in the Montney region of B.C. is seen in the evening. Talisman Energy recently sold Montney assets to Petronas for $1.5-billion
A well flare in the Montney region of B.C. is seen in the evening. Talisman Energy recently sold Montney assets to Petronas for $1.5-billion
()

Market forces driving rebound in oil and gas M&As

A stunning four-month turnaround in Canadian oil and gas mergers and acquisitions (M&A) was underlined on Monday with Whitecap Resource’s $855-million deal for some oil and gas assets owned by Imperial Oil.

Since November of 2013, the Canadian M&A market has seen more than $8-billion in transactions.