Exploration & Production
Marquee Energy Funds 8.2 Million in Exploration
Print
|
Marquee Energy Ltd. has announced that it has closed its previously announced private placement of 8,000,500 common shares in the capital of Marquee issued on a Canadian exploration expense flow-through basis under the Income Tax Act (Canada) at a price of $0.95 per CEE Flow-Through Share and 660,000 Common Shares to be issued on a Canadian development expense flow-through basis under the Income Tax Act (Canada) at a price of $0.90 per CDE Flow-Through Share for aggregate gross proceeds of approximately $8.2 million.
The Offered Shares are subject to a four month hold period that expires on March 27, 2014.
The Offering was conducted through a syndicate of underwriters led by National Bank Financial Inc. and including Peters & Co. Limited, Acumen Finance Partners Limited and Desjardins…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
Canada News
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Canadan E&P 2026 Program Calls for 448 Net Wells, Up 24% vs. 2025 Plan
Canadian Natural Resources outlined a 2026 operating capital budget of approximately $6.3 billion (total capital budget $6,425 million, including $125 million for carbon capture) targeting 1,590–1,650 MBOE/d of…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…
ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…