Viston United Swiss AG to Acquire Petroteq Energy Inc

Cenovus Energy to Acquire Athabasca Oil Corporation

October 5, 2026

Oil & Gas

Cenovus Energy entered into a definitive arrangement agreement to acquire all outstanding shares of Athabasca Oil Corporation in a cash-and-stock transaction valued at approximately C$5.7 billion. The acquisition adds Athabasca’s thermal oil sands and Duvernay assets to Cenovus’s portfolio; closing is expected in December 2026, subject to shareholder, regulatory, and other customary approvals.

Vanguard Mining Corp. to Acquire Quark Uranium Ltd. via Share Exchange

April 10, 2026

Energy

Vanguard Mining Corp. has entered into a share exchange agreement to acquire 100% of Quark Uranium Ltd. through an arm’s-length transaction. Consideration will include the issuance of 8,000,000 Vanguard common shares and aggregate cash payments of C$200,000, subject to customary closing conditions.

Petro-Victory Energy Transfers Brazilian Potiguar Basin Assets to Azevedo & Travassos Energia for 10.25% Stake

March 27, 2026

Energy

Petro-Victory Energy Corp. entered into a definitive association agreement to contribute selected Brazilian oil and gas assets in the Potiguar Basin to a newly formed subsidiary incorporated into Azevedo & Travassos Energia S.A. (ATE). In exchange, Petro-Victory will receive newly issued ATE shares representing a 10.25% ownership stake in ATE, with an implied transaction value of about USD $5.6 million.

Ovintiv Completes Acquisition of NuVista Energy for $2.7 Billion

February 3, 2026

Energy

Ovintiv completed its acquisition of all common shares of NuVista Energy Ltd. in a cash-and-stock transaction valued at about $2.7 billion. The deal adds roughly 140,000 net acres and about 930 net 10,000-foot equivalent well locations in the oil-rich Alberta Montney, with expected 2026 production averaging about 100 MBOE/d.

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.

PakEnergy Acquires Petrosight

January 7, 2025

Energy

PakEnergy has acquired Petrosight, a Calgary-based provider of cloud-based wellsite management software, to broaden its end-to-end well lifecycle management capabilities. The acquisition, supported by PakEnergy's private equity partner Charlesbank Capital Partners, integrates Petrosight's drilling, completions, facilities and decommissioning modules with PakEnergy's existing land, field data capture, and accounting solutions.