When the dust settles after the current oil market downturn, North America and some Gulf producers—assuming those countries remain stable—will be the main sources of global supply, an oil market watcher predicts.
March 16, 2016, 6 AM MDT
Leading industry, employer and labour association leaders have joined forces to create a new organization: the Resource Diversification Council (RDC) of Alberta.
March 16, 2016, 11:59 AM MDT
LNG exports off the West Coast could not only provide a market for Canadian natural gas, which is losing out to the Marcellus shale play in the United States, but it could open up additional opportunities for propane exports and new value-added petrochemical developments in Western Canada, an oil and gas symposium heard Tuesday.
March 16, 2016, 6 AM MDT
In the royalty framework report, the review panel recommended a number of opportunities for Alberta to promote diversification and create jobs and “we are taking action,” Alberta Energy Minister Margaret McCuaig-Boyd said in a keynote speech to the Canadian Energy Research Institute (CERI) oil and gas symposium in Calgary.
March 16, 2016, 6 AM MDT
The thick and geographically extensive Mississippian-Devonian Exshaw and Patry shales of the Liard Basin’s Besa River formation are expected to contain 219 tcf (6.2 trillion cubic metres) of marketable unconventional natural gas, according to a new resource assessment released today.
March 16, 2016, 10:43 AM MDT
There were 163 wells rig released in Alberta with gas or CBM as an objective over the first two months of the year compared to 328 in 2015.
March 16, 2016, 9:24 AM MDT
Year-old technology Calgary start-up Spectralog and five other seed-stage companies shared almost $150,000 in cash and cash-equivalent prizes at the 2016 Energy New Venture Competition hosted by the Haskayne School of Business, Hunter Centre for Entrepreneurship and Innovation.
March 16, 2016, 10 AM MDT
March 16, 2016, 6 AM MDT
This 2-day course will provide participants with the principles of P&ID drawings which are used in process industries. This course is suitable for individuals dealing with P&ID’s in all Process industries including Chemical, Oil & Gas, Petrochemical, Water & wastewater, and Food processing industries.
March 16, 2016, 6 AM MDT
There are still new opportunities in the oilsands for the right suppliers. Attend Selling to the Sands, a one-day course that will guide attendees through the new realities of the market, and how to realize optimum, actionable business relationships.
March 16, 2016, 6 AM MDT
March 16, 2016, 11:32 AM MDT
Dan Echino, president and founder of Calroc Industries, has been in the oil and gas business long enough to have witnessed several boom and bust cycles, but he says staying resilient and reinventing yourself and your business strategy when times are tough is the only way to survive in this industry.
March 16, 2016, 8:14 AM MDT
Harvest Operations Corp. plans to constrain its capital expenditures in 2016 in response to the low commodity price environment, focusing on capital maintenance and regulatory activities.
March 16, 2016, 6 AM MDT
Bellatrix Exploration Ltd. increased production last year despite a drastic reduction in capital spending, but the company reported a net loss due to the collapse in commodity prices (see tables).
March 16, 2016, 11:17 AM MDT
Canbriam Energy Inc. is targeting a capital budget between $100 and $110 million in 2016, about two-thirds of which will be focused on drilling and completion activity at its Altares Montney asset and the remainder will support ongoing infrastructure development.
March 16, 2016, 8:42 AM MDT
March 16, 2016, 10:09 AM MDT
March 16, 2016, 10:18 AM MDT
Announcing the Canadian Association of Geophysical Contractors (CAGC) Directors for 2016-17.
March 16, 2016, 8:56 AM MDT
March 16, 2016, 8:50 AM MDT
March 16, 2016, 9:22 AM MDT
March 16, 2016, 9:23 AM MDT
March 16, 2016, 10:45 AM MDT
March 16, 2016, 10:49 AM MDT
Spartan Energy Corp. has closed its previously announced bought-deal financing of 39.94 million common shares, which includes the exercise in full of the over-allotment option of 4.67 million common shares, at a price of $2.41 per common share for aggregate gross proceeds of approximately $96.3 million.
March 16, 2016, 8:06 AM MDT
Trican Well Service Ltd. will close the sale of its United States pressure pumping business today to Keane Group, a privately-held U.S.-based well completion services company.
March 16, 2016, 7:46 AM MDT
March 16, 2016, 6 AM MDT
March 16, 2016, 6 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.