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U.S. Companies Eye Canadian Oil and Gas Firms for Acquisition

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U.S.,Corporates,Private Equity Firms

U.S. corporates and private equity firms are increasingly interested in acquiring Canadian oil and gas companies due to lower valuations, ample reserves, and improved market access. The Montney shale formation is particularly attractive, followed by the Duvernay and Clearwater formations. This trend follows major U.S. oil sector deals driven by the need for increased drilling inventory and future production in key shale basins. Canada has the world's third largest oil reserves, primarily in the form of bitumen in oil sands.

U.S. corporates and private equity firms are increasingly eyeing Canadian oil and gas companies for acquisition, drawn by lower valuations, ample fossil fuel reserves, and improving market access. Companies operating in the Montney shale formation are most attractive to potential buyers, followed by assets in the Duvernay and Clearwater formations. This interest comes after major U.S.

oil sector deals, driven by the need to increase drilling inventory and secure future production in key shale basins. Canada has the world's third largest oil reserves, mainly in the form of bitumen in oil sands

 

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