Page 1 - NorthAmOil Week 06 2021
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Issue 640 11•February•2021 Week 06
Canadian losses
Canada’s leading oil and gas players had another challenging quarter and
while crude prices are improving, further difficulties are expected.
Bakken exit
Norway’s Equinor has struck a deal to sell its assets in the Bakken play to
Grayson Mill Energy for around $900mn.
New era
Chesapeake Energy has emerged from Chapter 11 bankruptcy protection
with a business plan that will see the company shift its focus back to gas.
Montney merger
ARC Resources and Seven Generations Energy have agreed to a merger
worth CAD8.1bn ($6.4bn) including debt, focused on the Montney shale.
