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Analysis: Montney shale patch merger shines light on Canada's premier play

4 Min Read
CALGARY, Alberta (Reuters) - ARC Resources Ltd’s C$2.7 billion ($2.1 billion) bid to buy Seven Generations Energy Ltd will create the largest oil and gas producer in Canada’s Montney region, and may re-energize development in one of North America’s top shale plays.
The combined company will have more financial strength to develop its 1.1 million net acres of land in a region that investors and drillers say has so far struggled to meet its full potential.
The deal could also spur further acquisitions in a play that boasts attractive drilling economics and huge resource potential as oil and gas prices tentatively recover. ....

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Shares in both Arc Resources and Seven Generations jump on news of oilpatch merger

CALGARY — Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generations Energy Ltd. on Thursday following the announcement of an oilpatch marriage one analyst . . . ....

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Investors applaud merger of Arc, Seven Generations

CALGARY - Investors applauded with higher stock prices for both Arc Resources Ltd. and Seven Generat. ....

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Suncor Energy (TSX:SU) Stock Could Be 1 of the TSX's Biggest 2021 Winners

Suncor Energy Inc. (TSX:SU)(NYSE:SU) may have some serious room to run in 2021 if the bull-case scenario pans out in the energy patch. ....

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The Drilldown: Canada's Clean Fuel Standard expected by end of 2020

iPolitics
By Felixe Denson. Published on Dec 10, 2020 12:45pm
Environment and Climate Change Minister Jonathan Wilkinson (Photo courtesy of the office of the minister of Fisheries, Oceans and the Canadian Coast Guard)
The Lead
The Clean Fuel Standard (CFS) will be revealed by the federal government and published in the Canada Gazette by the end of the year, Moira Kelly, spokesperson for Environment and Climate Change Minister Jonathan Wilkinson, confirmed yesterday.
“The Clean Fuel Standard remains an integral policy in Canada’s climate plan, and will contribute to the government’s goal of exceeding its current 2030 target,” Kelly told the Financial Post in an email. ....

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