Oil and gas consolidation 2021

[msommers]

Oxy acquiring CrownRock for $12B USD

https://www.google.com/amp/s/www.for...test-deal/amp/

[phreezee]

Calgary-based Enerplus to be acquired by Chord Energy in $3.8B US deal

https://www.cbc.ca/news/canada/calga...cash-1.7122465

[schurchill39]

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Calgary-based Enerplus to be acquired by Chord Energy in $3.8B US deal

https://www.cbc.ca/news/canada/calga...cash-1.7122465

Interesting! Wasn't the rumor that Devon was the suitor?

[phreezee]

This makes more sense as all their operations were in the US and the VP of Operations was out of the Denver office.

[killramos]

$40MM USD of quoted G&A synergies. Effective immediately.

Wouldn’t want to be Canadian domiciled staff lol

[Impreza]

I heard there were layoffs at TC Energy last week. Any one know how many got cut?

Also, sounds like Enbridge is dropping the axe tomorrow.

[SkiBum5.0]

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I heard there were layoffs at TC Energy last week. Any one know how many got cut?

Also, sounds like Enbridge is dropping the axe tomorrow.

600 at Enbridge, unsure on numbers at TCE. They are re-orging to match US structure of regions I think.