Headlines for May 26, 2016

  1. Duvernay, Montney Drove 20 Per Cent Growth In Pentanes Plus In 2015

    While Alberta producers are increasingly targeting liquids-rich natural gas, they also are focusing on the more profitable liquids such as pentanes plus and butanes while choosing to leave propane and ethane in the gas stream, according to an Alberta Energy Regulator (AER) report.

  2. Connacher Oil And Gas Limited — Oil Sands Assets For Sale

    On May 17, 2016, Connacher Oil and Gas Limited (“Connacher”) obtained court protection under the Companies’ Creditors Arrangement Act (“CCAA”) pursuant to an initial order granted by the Alberta Court of Queen’s Bench. Ernst & Young Inc. was appointed as the Monitor (the “Monitor”) of Connacher for the CCAA proceedings. Connacher and the Monitor are seeking parties interested in acquiring or investing in the business or the assets of Connacher.

  3. Alberta, Ontario Announce MOU On Environmental Issues

    This morning, Alberta Premier Rachel Notley and Ontario Premier Kathleen Wynne met in Edmonton to discuss new opportunities to partner on energy and climate change initiatives, and announced a memorandum of understanding (MOU) on environmental issues.

  4. Striker Limits Q1 Activity

    Faced with the continued pull back of oil prices early in the year and a greater than 50 per cent drop in natural gas prices, during first-quarter 2016 Striker Exploration Corp. only completed the carryover work from the previous quarter’s capital program and suspended all other capital spending activities.

  5. Cash Kitty Gives Leucrotta Means To Develop Montney

    Cash raised from the sale of non-core properties last year has given Leucrotta Exploration Inc. some running room to develop its Montney resource play in northeast British Columbia, although management expects minimal spending in this year’s second-quarter.

  6. DOB Classifieds

    Having challenges sustaining the necessary working capital required to maintain your wells producing?

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