Lowe signed a two-year, two-way contract with the Oilers on Sunday, Jim Matheson of the Edmonton Journal reports.
Lowe was sent down to AHL Bakersfield on Tuesday.
Lowe was recalled on an emergency basis from AHL Bakersfield on Wednesday.
The Oilers recalled Lowe from AHL Bakersfield on an emergency basis Friday.
Lowe was returned to AHL Bakersfield on Saturday.
Lowe was called up from AHL Bakersfield on Saturday.
Lowe signed a one-year contract with the Oilers on Saturday.
Lowe was traded to Montreal for defenseman Philip Samuelsson and then reassigned to AHL St. John's on Tuesday.
The Hurricanes agreed to terms with Lowe on a one-year, two-way contract Thursday. He will make $750,000 at the NHL level, or $80,000 with AHL Charlotte, in 2016-17.