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More M&A action expected in oilpatch, but not by Crescent Point after $4B makeover

Craig Bryksa has been helping drive a major M&A wave in the Canadian oilpatch this year. ....

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Varcoe: More action expected in oilpatch, but not by Crescent Point after $4B makeover

Craig Bryksa has been helping drive a major M&A wave in the Canadian oilpatch this year. ....

New York , United States , Scott Saxberg , Keith Gerein , Michael Zuk , Eric Nuttall , Chris Varcoe , Kaybob Duvernay , Laura Lau , Craig Bryksa , Shell Canada , Sayer Energy Advisors , Brompton Group , Community Guidelines , Calgary Herald , Paramount Resources , Postmedia Network Inc , Spartan Delta Corp , Hammerhead Energy , Edmonton Journal , Crescent Point Energy , Crescent Point Energy Corp , Crescent Point , David Staples , Noon News Roundup , New York Times ,

Restless shareholders pushing for more M&As in oilpatch

Article content
CALGARY – ARC Resources Ltd. is willing to strike more deals following its blockbuster merger with rival natural gas producer Seven Generations Energy Ltd., which would turn the Calgary-based intermediate into the largest producer in the prolific Montney shale gas formation.
“We certainly don’t need M&A going forward, but if something else presented itself we would evaluate it,” said Chris Bibby, chief financial officer of ARC Resources Ltd., on a conference call following the all-share deal announced Wednesday night, which will turn ARC Resources into the third largest gas producer in Canada after Tourmaline Oil Corp. and Canadian Natural Resources Ltd, and the sixth largest Canadian energy company in output terms overall. ....

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