June 6, 2024
Surge Energy disposed of non-core assets at Shaunavon and at Westerose. The bulk of the disposition is at Shaunavon, where Barrel Oil Corp is the buyer.
August 19, 2020
While the oil and gas industry has fallen on hard times over the past several years, a start-up company is hoping to turn the tide.
February 25, 2020
The Court of Queen’s Bench of Alberta approved the sales and investment solicitation process (“SISP”) on February 14, 2020, along with the Receiver entering into a purchase and sale agreement (the “Stalking Horse APA”) to sell all of the oil and natural gas assets (the “Properties”) of Traverse to Barrel Oil Corp for approximately $3.25 million.