Wednesday, April 22, 2026

bid

Why Canada’s hottest shale play is catching the eye of US producers- oil and gas 360

Why Canada’s hottest shale play is catching the eye of US producers

(BOE Report)– U.S. oil and gas producers in search of fresh drilling territory are looking to expand in Western Canada’s Montney basin, a remote yet massive shale play that is already a hotbed of M&A activity and could see more deals soon, according to executives, analysts and advisors. Extensive drilling in U.S. shale fields over the past 15 years or

US investor group Kimmeridge offers $6 billion for gas driller Ascent Resources, FT reports- oil and gas 360

US investor group Kimmeridge offers $6 billion for gas driller Ascent Resources, FT reports

(BOE Report)– Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to buy Ascent Resources, the Financial Times reported on Tuesday. The bid is the latest challenge to Ascent’s private equity backer Energy & Minerals Group’s (EMG) efforts to sell a more than 30% stake in the company from one of its funds to another, valuing Ascent