BMO's top oil & gas analyst eyes four-way 'Montney Mash' mega merger [Yahoo! Finance Canada]

Bank Of Montreal (BMO)
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Source: Yahoo! Finance Canada
Bank of Montreal's veteran oil and gas analyst is making the case for a four-way mega merger in Western Canada's Montney Formation, arguing such a deal would boost scale and broaden investor appeal. One of North America's largest oil and gas reserves, the Montney Formation straddles the British Columbia-Alberta border. It's about the size of New Brunswick and Nova Scotia combined. Recent M&A action in the region includes Whitecap Resources' ( WCP.TO plan to merge with Veren VRN.TO ) in a $15 billion deal, and Ovintiv's ( OVV.TO ) recently closed $3.3 billion purchase of Montney assets from Paramount Resources ( POU.TO “M&A has been a popular investment theme in the oil and gas sector,” Randy Ollenberger, managing director at B
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