Headlines for Sept. 16, 2016

  1. Perpetual’s Electric Heaters Pilot Shows Encouraging Initial Results

    The current downturn in oil prices has underscored the need to improve oilsands technologies. Various efforts are underway, but haven’t always made major headlines. This week the Daily Oil Bulletin looks at some unreported or under-reported efforts and discussions aimed at improving oilsands and heavy oil economics through technological improvement.

  2. Daily Infographic: Alberta’s Weak Land Sale Results Continue

    The Alberta government attracted $4.13 million in bonus bids on Wednesday. Year-to-date the government has collected $117.9 million on 691,696 hectares at an average price of $170.45. The bonus figure is a fraction of the billions spent by industry over the past 10 years as producers tied up prospective oilsands land and acreage for other resource plays like the Montney and Duvernay. 

  3. Sponsored Content: Where All-Weather Workwear Works

    Keep your workers safe, comfortable, and productive with an uninterrupted supply of industry-compliant workwear and safety PPE that’s built to withstand the worst weather conditions. Even in the best of weather, the rigours of the oil and gas industry can be extreme. 

  4. Proposed Issuance Of Exploration Licence: Exchange Of Interest

    In accordance with the Atlantic Accord Acts, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) advised of its proposed issuance of an exploration licence to Corridor Resources Inc. in exchange for a surrender of existing Exploration Licence No. 1105 in the Canada-Newfoundland and Labrador Offshore Area.

  5. Quattro Engages Durham Capital As Financial Advisor

    Quattro Exploration and Production Ltd. announced the engagement of Durham Capital Canada Corporation as its financial advisor to assist with the company’s pursuit and evaluation of various options with respect to a proposed funding of up to $25 million in senior or subordinated debt, supported by the remaining assets of the company upon the completion of its $24.5 million divestiture plan initially announced on Aug. 4, 2016.

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