Teine Energy Ltd. to Acquire TMax Energy Ltd. in Duvernay Tuck-in

Expand Energy Acquires Twin Eagle Holdings, N.A., LLC

July 28, 2026

Energy

Expand Energy agreed to acquire Twin Eagle Holdings, N.A., LLC from Five Point Infrastructure for $1.25 billion, with the transaction announced on July 27, 2026. Expand said Twin Eagle would become a wholly owned subsidiary, and the acquisition was confirmed closed on September 16, 2026.

Gibson Energy Acquires Teine Energy’s Chauvin Infrastructure Assets for $400 Million

February 10, 2026

Infrastructure

Gibson Energy has entered into a definitive agreement to acquire Teine Energy Ltd.’s Chauvin Infrastructure Assets for total cash consideration of $400 million (subject to closing adjustments). The assets include a crude oil gathering pipeline system and related infrastructure connecting Chauvin to Gibson’s Hardisty hub, with long-term take-or-pay and area-of-dedication agreements supporting durable cash flows.

Cenovus Energy to Acquire MEG Energy in $7.9 Billion Deal; Strathcona to Purchase Vawn Thermal Project From Cenovus

October 27, 2025

Oil & Gas

Cenovus Energy entered into a definitive arrangement agreement to acquire MEG Energy in a $7.9 billion deal (inclusive of assumed debt), to be paid 75% in cash and 25% in Cenovus common shares, with the transaction expected to close in the fourth quarter of 2025 subject to approvals. Strathcona Resources simultaneously signed a voting support agreement to vote its MEG shares in favor of the Cenovus–MEG transaction, and announced it will purchase Cenovus’s Vawn thermal project and certain undeveloped thermal lands for initial consideration of $75.0 million plus up to $75.0 million in contingent consideration.

Terramont Infrastructure Partners Acquires Majority Interest in Bull Moose Capital

October 2, 2025

Oil & Gas

Terramont Infrastructure Partners has acquired a majority interest in Bull Moose Capital Ltd., Canada’s largest provider of natural gas compression and power generation solutions. The seller was TriWest Capital Partners, and Terramont said the investment will support Bull Moose’s geographic expansion and increased focus on larger energy infrastructure projects.

TotalEnergies to Acquire Quadra Energy

October 26, 2023

Energy

TotalEnergies has signed agreements with the Aloys Wobben Foundation to acquire the entire share capital of Germany-based renewable electricity aggregator Quadra Energy. The acquisition is subject to relevant regulatory approvals and is intended to strengthen TotalEnergies’ integrated power business in Germany, including aggregation, trading, and corporate PPA/clean firm power offerings.

Tamarack Valley Energy Acquires Crestwynd Exploration Ltd.

February 15, 2022

Oil & Gas

Tamarack Valley Energy Ltd. completed the acquisition of privately held Crestwynd Exploration Ltd., a Clearwater-focused oil producer, by purchasing all issued and outstanding shares for 26.3 million Tamarack common shares and $92 million in cash. The deal makes Tamarack the largest operator in the Southern Clearwater with the acquired assets forecasted to produce ~4,500 boe/d.