The mergers and acquisitions wave sweeping through the U.S. oil and gas industry has reached Canada, which could see a megamerger in the coming months.
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Growing interest in the prolific Montney natural gas basin of northern British Columbia and Alberta is expected to power a lively year of mergers and acquisitions.
However, Tom Pavic, president of Calgary-based Sayer Energy Advisors, which tracked C$16.2 billion of M&A deal-making among oil and gas.