Posts by Samuel Zowam
Canada Offshore M&A | Ithaca Energy enters offshore Canada with asset package acquisition from Suncor for up to US$1.1 billion
On 5 October 2026, Ithaca Energy announced an agreement to acquire Suncor’s interests in Terra Nova and White Rose fields for up to US$1.1 billion.…
Read MoreCanada Oil Sands M&A | Greenfire Resources to acquire Connacher Oil and Gas for US$902 million
Consolidation in Canada’s oil sands continues as Greenfire Resources reaches an initial agreement to acquire Connacher Oil and Gas for US$902 million.
Read MoreUS GoA M&A | Navitas launches sale of partial stake in Shenandoah hub and exploration acreage
Navitas is marketing up to a 20% interest across Shenandoah, Shenandoah South, and Monument, as well as the Shenandoah FPS and nearby exploration acreage.
Read MoreWelligence M&A | Beacon Offshore Energy and HEQ Deepwater launch sale of Shenandoah and satellite fields
Beacon Offshore and HEQ have launched a sale process for their combined interests in Shenandoah, Shenandoah South, Monument and nearby discovered resource, bringing one of…
Read MoreWelligence North America Q1 2026 M&A Quarterly | Market Uncertainty Rules with No Deals
North America had a quiet start to 2026, with no announced transactions in the US Gulf of America, Alaska, offshore Canada, or the Canadian oil…
Read MoreArgentina Rumblings on the Ground | Argentina’s Vaca Muerta – building the framework for the next leap
Welligence recently visited Buenos Aires, Argentina to meet with key stakeholders in the O&G sector to gauge the overall upstream climate and the overall outlook…
Read MoreAlaska Licensing | Shell is back – big success in Alaska’s latest lease sale
The exploration renaissance momentum continues with the success of Alaska’s latest bid round – the NPR-A lease sale saw the return of Shell to the…
Read MoreColombia M&A | Prime Infrastructure enters Colombia by acquiring SierraCol from Carlyle
Prime Infrastructure Capital (Prime Infra) is to acquire SierraCol Energy (SierraCol) from private equity group Carlyle for an undisclosed consideration. The transaction is expected to…
Read MoreColombia M&A | Parex submits competing offer for Frontera’s Colombia upstream portfolio
On 23 February 2026, Parex Resources announced that it has submitted a competing proposal to acquire Frontera’s Colombian upstream business.
Read MoreColombia M&A | GeoPark acquires Frontera’s Colombia upstream portfolio for US$622 million – is this the start of industry consolidation?
On 29 January 2026, GeoPark announced it had agreed to acquire from Frontera Energy one hundred percent of Frontera Petroleum International Holdings B.V., which holds…
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