--> Small but very symptomatic of what's happening in the sector...
Tundra Oil & Gas, a Winnipeg, Manitoba-based entiy wholly owned by private family company James Richardson & Sons, is interested in pursuing more acquisitions, according to a report on The Globe and Mail's website on 5 January.
Tundra CEO Ken Neufeld said in the report that the company wants to seek out further deals after it last month announced a transaction to acquire 550 wells in Manitoba from Houston, Texas-based EOG Resources.
He explained in the report, moreover, that there could "be a buying opportunity" as businesses face "financial difficultiy" due to "sustained low oil" prices.
The Globe and Mail