The elongated and valuation-sapping commodity price slump, coupled with the increased costs of new-era drilling and completion techniques, means the face of Canada’s junior oil and gas sector is changing.
September 19, 2016, 6 AM MDT
While heavy Canadian crude isn’t enjoying the same hype as in the boom days, an OPEC producer is developing its heavy oil assets—and hopes to capitalize on Canadian service industry experience.
September 19, 2016, 6 AM MDT
Canadian gross domestic product (GDP) grew 1.2 per cent in 2015, significantly slower than the 2.6 per cent growth experienced in 2014. Provinces highly reliant on the energy sector, namely Alberta, Newfoundland and Labrador, and Saskatchewan, experienced contractions in GDP between 2014 and 2015, while the majority of the other provinces and territories saw some level of growth.
September 19, 2016, 8:28 AM MDT
September 19, 2016, 11:18 AM MDT
Seven Generations Energy Ltd. has entered into a development agreement with Vancouver’s Steelhead LNG to explore infrastructure development and open new overseas markets for Canadian natural gas.
September 19, 2016, 8 AM MDT
September 19, 2016, 12:29 PM MDT
The Canadian Petroleum Hall of Fame celebrates 20 years of honouring the industry’s builders this November — and it has a couple of special additions to this year's induction event.
September 19, 2016, 6 AM MDT
Sayer Energy Advisors has been engaged to assist Clearview Resources Ltd. (“Clearview” or the “Company”) to market its non-core oil and natural gas properties.
September 19, 2016, 7:19 AM MDT
One of the benefits of the upcoming Canadian Society for Unconventional Resources (CSUR) annual field trip is that while the trip will examine specific units, the knowledge gained can be applied to other units.
September 19, 2016, 6 AM MDT
September 19, 2016, 9:17 AM MDT
September 19, 2016, 9:19 AM MDT
The National Energy Board (NEB) said it continues to make strides toward increased regulatory transparency with the launch of a condition compliance web page that enables Canadians to track company compliance with pipeline approval conditions.
September 19, 2016, 11:26 AM MDT
Suncor Energy Inc. will continue to test the Nsolv Corporation technology, which uses a solvent in place of steam in current in-situ bitumen extraction techniques.
September 19, 2016, 6 AM MDT
Corridor Resources Inc. has entered into a forward sale agreement for the period from Dec. 1, 2016 to March 31, 2017 for an average of 4,755 mmBtu per day of natural gas.
September 19, 2016, 6 AM MDT
Junex Inc. announced that long-term oil production testing of its Galt No. 4 horizontal well continues to deliver strong results.
September 19, 2016, 9:03 AM MDT
Journey Energy Inc. announced that Maple Investments Limited (MIE) has agreed to acquire an aggregate of 16,355,798 common shares and restricted voting shares in the capital of Journey from Infra-PSP PartnersInc.(PSP) for aggregate consideration of $33.85 million (being an amount of approximately $2.069 per Share) pursuant to a share purchase agreement dated Sept. 15, 2016.
September 19, 2016, 6 AM MDT
Alberta Oilsands Inc. says it is currently considering its alternatives in relation to the proposed plan of arrangement with Marquee Energy Ltd., (DOB, Aug. 19, 2016), after the Court of Queen's Bench of Alberta ordered that AOS shareholders first must vote on the proposal.
September 19, 2016, 10:30 AM MDT
September 19, 2016, 10:07 AM MDT
September 19, 2016, 10:09 AM MDT
Geoscience BC announced the appointment of Jared Kuehl, John Milne, and Alan Winter to its board of directors, effective Sept. 15, 2016.
September 19, 2016, 10:19 AM MDT
Ian Wild, executive vice-president of ATB Corporate Financial Services, will retire at the end of September, the company announces.
September 19, 2016, 7:28 AM MDT
Black Diamond Group Limited announced the retirement of Steven Stein, executive vice-president and president, logistics which will take effect on Dec. 31, 2016.
September 19, 2016, 6 AM MDT
Manitok Energy Inc. has filed a preliminary base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada for the offering of up to a cumulative amount of C$150 million of common shares, preferred shares, debt securities, subscription receipts, warrants, units or any combination thereof over the 25-month period for which the final short form base prospectus remains valid.
September 19, 2016, 6 AM MDT
September 19, 2016, 9:44 AM MDT
September 19, 2016, 9:45 AM MDT
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