Canadian Natural Resources Limited’s Kirby South SAGD project is more likely to reach its design output of 40,000 bbls of bitumen a day in the second half of this rather than the first half as had been expected previously, said CNRL president Steve Laut.
March 6, 2015, 9:46 AM MST
Canadian Natural Resources Limited will decide some time this year what to do with its royalty lands.
March 6, 2015, 10:38 AM MST
March 6, 2015, 11:57 AM MST
March 6, 2015, 9:06 AM MST
Industry has trusted the Daily Oil Bulletin (DOB) for over 75 years to deliver news, data and in-depth features on Canada’s oil and gas sector.
March 6, 2015, 12:03 PM MST
The National Energy Board has recommended that the federal government grant NOVA Gas Transmission Ltd. approval to construct and operate the Wolverine River lateral loop (Carmon Creek section) project in northwestern Alberta.
March 6, 2015, 9:26 AM MST
Enbridge Inc. has announced plans to save $400 million in optimizing a previously announced expansion of its Regional Oil Sands System.
March 6, 2015, 7:42 AM MST
Work is continuing on the North West Redwater refinery, owned 50 per cent by Canadian Natural Resources Limited.
March 6, 2015, 11:37 AM MST
Albertans now have online access to more information on how the Alberta Energy Regulator regulates oil and gas development and enforces its requirements.
March 6, 2015, 10:38 AM MST
The National Energy Board has approved the application made by Grant Thornton Limited from January (DOB, Jan. 30, 2015), for the revocation of BC LNG Co-operative LLC’s LNG export licence.
March 6, 2015, 9:23 AM MST
Perpetual Energy Inc. saw a net loss of $18.27 million in the fourth quarter of 2014, which was 33 per cent deeper into the red than during the same timeframe one year prior, and includes an estimated $21.4 million net-impairment loss on Birchwavy assets — the result of decreased crude oil and natural gas forecast prices.
March 6, 2015, 11:14 AM MST
TORC Oil & Gas Ltd. turned a profit in 2014 of $6.26 million compared to a loss of $10.08 million the year before, and boosted production to a record 11,264 bbls per day focused on light oil.
March 6, 2015, 11:42 AM MST
Mertex Canada is growing! We have an exciting opportunity for an experienced, motivated and results-oriented individual as an OCTG, Business Development Representative.
March 6, 2015, 6 AM MST
Canbriam Energy Inc. is targeting a capital budget between $340 million and $360 million in 2015, about two-thirds of which will be focused on drilling and completion activity within the Main Fault Block of its Altares Montney asset, located west of Fort. St. John, B.C., and the remainder will support ongoing infrastructure development
March 6, 2015, 8:15 AM MST
While Trinidad Drilling Ltd. recently completed a new state-of-the-art rig now operating for its customer under a five-year contract in the Liard Basin, overall the industry downturn so far in 2015 has management cutting back its Canadian operations development plans as only about 20 rigs (40 per cent) of its Canada fleet is currently in the field.
March 6, 2015, 10:52 AM MST
Secure Energy Services Inc. has cut its 2015 capital program to between $50 million and $150 million, down from an initial budget of $225 million (DOB, Dec. 5, 2014).
March 6, 2015, 10:21 AM MST
Akita Drilling Ltd.’s reported net income for the year ended Dec. 31, 2014, of $21.08 million on revenue of $165.27 million.
March 6, 2015, 8:58 AM MST
REGISTER TODAY, SPACE IS LIMITED!
March 6, 2015, 6 AM MST
Precision Drilling Corporation announced the Supreme Court of Canada denied the Ontario Minister of Revenue’s application for leave to appeal the Ontario Court of Appeal decision dated Aug. 7, 2014 (DOB, Aug. 8, 2014), in favour of Precision’s wholly owned subsidiary Inter-Leasing, Inc.
March 6, 2015, 8:14 AM MST
DeeThree Exploration Ltd. is reducing its first-quarter capital program and now plans to drill one more well in the first quarter for a total of six (six net) wells instead of the budgeted 10 wells.
March 6, 2015, 7:47 AM MST
A maintenance turnaround set to start in mid-May on the Terra Nova floating, production, storage and offloading (FPSO) vessel will run to 10 weeks instead of the usual four, due to a needed tank remediation, according to a spokesman for operator Suncor Energy Inc.
March 6, 2015, 8:38 AM MST
March 6, 2015, 9:10 AM MST
March 6, 2015, 9:08 AM MST
March 6, 2015, 9:55 AM MST
Virginia Hills Oil Corp. and Pinecrest Energy Inc. announced that Virginia Hills and its wholly-owned subsidiary 1834163 Alberta Ltd. have entered into an agreement with a private oil and gas producer (PrivateCo) pursuant to which Virginia Hills, through AcquisitionCo, will purchase all of the issued and outstanding common shares of PrivateCo for total consideration of an aggregate of four million share purchase warrants of Virginia Hills, 10,600 common shares of Virginia Hills and the assumption of approximately $11.8 million in debt.
March 6, 2015, 10:43 AM MST
Black Diamond Group Limited has appointed Marshall McRae to its board of directors, effective March 4, 2015.
March 6, 2015, 8:23 AM MST
Bulletin Board For March 9 -13
March 6, 2015, 10:08 AM MST
Here’s your early morning summary of the latest oil and gas news — a concise look at what you need to start your day in the know. Get more detailed, contextual information in the noon-hour DOB, or view the continuous feed of articles all morning at www.dailyoilbulletin.com.
March 6, 2015, 6:41 AM MST