Operators across Canada drilled 808 wells last month, excluding experimental holes, up 65 per cent from 490 wells rig released in January 2016.
February 16, 2017, 6 AM MST
During January 2017, operators rig released 808 wells, excluding experimental wells, up 65 per cent from the year-prior period.
February 16, 2017, 8:19 AM MST
Pembina Pipeline Corporation has entered into a 20-year infrastructure development and service agreement with Chevron Canada Limited.
February 16, 2017, 6:48 AM MST
Encana Corporation says it is entering growth mode and will boost spending about 50 per cent this year to between $1.6 billion and $1.8 billion.
February 16, 2017, 10:46 AM MST
Its financial results continuing to be significantly hurt by volatile oil prices during 2016, Cenovus Energy Inc. says the company was focused on preserving financial resilience, exercising capital discipline and achieving sustained cost reductions.
February 16, 2017, 11:34 AM MST
TransCanada Corporation today reported a lower net loss attributable to common shares for the fourth quarter of 2016 and a profit attributable to common shares for the 12 months compared to a loss in 2015.
February 16, 2017, 10:14 AM MST
Engineers meeting in Calgary Wednesday focused on innovation as key to some of the oil industry’s pressing problems at a joint conference of the Society of Petroleum Engineers (SPE) Canada.
February 16, 2017, 11:45 AM MST
The Alberta Energy Regulator (AER) has issued a corporate closure order against Lexin Resources Ltd. after the company consistently failed to respond to directions by the regulator.
February 16, 2017, 6 AM MST
Oil & Gas Council will be returning to Calgary to host its Canada Assembly & Awards Dinner on June 1.
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Marathon Oil Corporation reported oilsands mining production available for sale for the fourth quarter of 2016 of 47,000 net bbls per day compared to 58,000 net bbls a day in the prior quarter and 49,000 net bbls in the year-ago quarter.
February 16, 2017, 3:19 AM MST
February 16, 2017, 6 AM MST
Delphi Energy Corp.’s planned drilling program in 2017 more than doubles the 2016 program with the addition of a second drilling rig that commenced activity in December 2016.
February 16, 2017, 7:39 AM MST
February 16, 2017, 11:36 AM MST
Gear Energy Ltd. narrowed its net loss in the fourth quarter to $12.19 million from $26.19 million the previous year.
February 16, 2017, 6 AM MST
The monopoly of the internal combustion engine (ICE) on human transport was not always a guaranteed outcome. At the turn of the last century, about one-third of the “horseless carriages” that were driving around New York, Boston, and Chicago were actually propelled by an electric drive and not one that fired pistons.
February 16, 2017, 6 AM MST
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Strad Energy Services Ltd. completed the strategic acquisition of Got Mats? located in Elkhorn, Manitoba.
February 16, 2017, 6 AM MST
Enbridge Inc. and Enbridge Energy Partners, L.P. announced today that the previously disclosed transaction to acquire an effective 27.6 per cent interest in the Bakken Pipeline System has closed as final conditions have now been met.
February 16, 2017, 6 AM MST
A new independent director, Stéphan Crétier, has been appointed to TransCanada Corporation’s board of directors as an independent director, effective Feb. 17, 2017, the company has announced.
February 16, 2017, 6 AM MST
Petrocapita Income Trust closed a purchase and sale agreement on Feb. 13 for 10 wells and associated production equipment in the Kitscoty area of Alberta from Twin Butte Energy Ltd. through Twin Butte's receiver manager, FTI Consulting Canada Inc., for $21,825.29 (plus or minus any adjustments pursuant to the PSA post-closing).
February 16, 2017, 6 AM MST
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February 16, 2017, 8:48 AM MST
James Hill has been appointed interim chief financial officer of Hyduke Energy Services Inc. effective immediately.
February 16, 2017, 6 AM MST
Total Energy Services Inc. announced that shareholders passed an ordinary resolution approving the issuance of up to 30,920,000 common shares of the corporation to the holders of common shares of Savanna Energy Services Corp., in connection with Total’s offer dated Dec. 9, 2016, to purchase all of the Savanna shares.
February 16, 2017, 6 AM MST
Blackbird Energy Inc. has closed the previously announced acquisition of eight gross sections of Montney rights (2.8 net) from Paramount Resources Ltd. pursuant to the terms of a purchase and sale agreement dated Feb. 2.
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