Proceeds from sale will be used to reduce Pengrowth’s debt.
Proceeds will be used to pay down debt.
Sale includes corporate headquarters and manufacturing operations.
Analysts pegged the value of a possible merger, spinoff or sale at about US$5 billion.
Equal holds a portfolio of oil and gas properties in Oklahoma.
Conditional agreement includes inventory, property, plant and equipment.
Proceeds from the transaction will be used to repay bank debt and investigate other strategic alternatives.
Report suggests a growing number of Canadian oil companies are shedding assets in Alberta’s oil patch.
Crude assets in Virden/Daly region produce 1,600 barrels of oil per day.
Oil and gas producer will use proceeds of sale to pay down debt.
Buyer says acquisition will create 400 jobs.
Oil giant says it intends to remain largest producer in the Gulf.
Chinese forestry company says outstanding notes will be sold to a third party.
If your salespeople focus strictly on prospects ready to buy within 90 days you’re missing out on 66% to 78% of the total selling opportunities.