Tourmaline Oil Corp. has entered into an agreement with Shell Canada Energy to acquire strategic assets located in the Alberta Deep Basin and the northeast B.C. Montney Complex for total consideration of $1.369 billion (before customary adjustments) including cash consideration of $1 billion and the remainder in Tourmaline common shares.
October 20, 2016, 3:17 PM MDT
October 20, 2016, 9:36 AM MDT
A new, comprehensive study targets oilfield services and oil and gas technology firms that may lack the “know-how” but aspire to become successful global exporters.
October 20, 2016, 7:36 AM MDT
Alberta companies are among the best in the world at building the supply chains to work successfully in remote geography with difficult weather conditions, says Going Global: Helping Canadian Companies Navigate International Opportunities.
October 20, 2016, 7:49 AM MDT
Analysis in CanOils' latest monthly M&A review suggests that the pressure on Canada’s E&P sector to raise external financing to meet capital commitments would appear to be alleviating somewhat, based upon much lower M&A activity levels in September.
October 20, 2016, 8:11 AM MDT
As part of an enterprise-wide organizational review, Enbridge Inc. has reduced its workforce by approximately five per cent.
October 20, 2016, 6 AM MDT
Despite recent talk that Alberta might finally be coming out of the downturn, Alberta Premier Rachel Notley is reserving judgment. After delivering a ‘state-of-the-province’ address in Calgary Wednesday, she answered questions from reporters, one of whom suggested that the worst, economically, might be over.
October 20, 2016, 10:54 AM MDT
AltaGas Ltd. is continuing to make progress in advancing its northeast British Columbia strategy with a final investment decision (FID) to proceed with the construction, ownership and operation of the North Pine facility that will process Montney propane for export markets.
October 20, 2016, 11:30 AM MDT
Platte Pipe Line Company, LLC (“Platte”), which owns and operates the Platte Pipeline from Casper, Wyoming to Wood River, Illinois, is soliciting interest for transportation service on its system, including firm transportation service on a new extension of its system from Wood River, Illinois to Patoka, Illinois. Subject to a successful Solicitation of Interest process, Platte estimates the commencement of this new service by 3Q 2017.
October 20, 2016, 6 AM MDT
Express Pipeline Ltd. (“Express”), announced today that it is soliciting interest for binding commitments for transportation service originating at Hardisty, Alberta for delivery to points on the Express Pipeline System, Platte Pipeline and TransCanada’s Marketlink Pipeline.
October 20, 2016, 6 AM MDT
Alliance Pipeline announced its on-schedule completion of pipe replacement work to accommodate the Regina Bypass project.
October 20, 2016, 6 AM MDT
October 20, 2016, 8:56 AM MDT
While low oil prices will mean delays in sanctioning new projects and expansions going into the next decade, production from commercial oilsands projects will approach 3.5 million bbls per day in 2020, says a newly-released Wood Mackenzie report.
October 20, 2016, 8:50 AM MDT
October 20, 2016, 10:39 AM MDT
Sayer Energy Advisors has been engaged by MNP Ltd. in divesting all of the oil and natural gas properties of COGI Limited Partnership, Canadian Oil & Gas International Inc., Conserve Oil Group Inc. & Conserve Oil 1st Corporation (collectively “COGI” or the “Company”).
October 20, 2016, 6:37 AM MDT
October 20, 2016, 6 AM MDT
October 20, 2016, 8:59 AM MDT
Petrus Resources Ltd. recently drilled three 100 per cent working interest wells in its Ferrier core area targeting liquids-rich gas in the Cardium formation.
October 20, 2016, 8:16 AM MDT
October 20, 2016, 9:14 AM MDT
October 20, 2016, 9:15 AM MDT
October 20, 2016, 9:35 AM MDT
October 20, 2016, 11:45 AM MDT
October 20, 2016, 11:50 AM MDT
Apprentices who currently are unemployed as a result of the economic downturn will be able to continue their technical training with the support of a new Apprentice Training Award.
October 20, 2016, 11:35 AM MDT
The Alberta Energy Regulator (AER) has become an associate member of the Ground Water Protection Council (GWPC).
October 20, 2016, 11:54 AM MDT
October 20, 2016, 11:41 AM MDT
For the third quarter of 2016 Xtreme Drilling Corp. had total operating days of 433 from its drilling operations.
October 20, 2016, 6 AM MDT
The Canadian Gas Association (CGA) announced the intention to create the Natural Gas Innovation Fund (NGIF) to support research, demonstration and deployment of innovation in the natural gas value chain.
October 20, 2016, 6 AM MDT
Sunshine Oilsands Ltd. announced changes to its executive management “to better align its management organization with its future growth and development objectives.”
October 20, 2016, 10 AM MDT
Irving Oil Limited announced the opening of its Halifax Harbour terminal, located in Dartmouth, Nova Scotia.
October 20, 2016, 9:37 AM MDT
October 20, 2016, 10:20 AM MDT
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