B.C. collected $61.23 million in bonus bids for its 2016/2017 fiscal year, a strong rebound after a record low $15.93 million for 2015/2016.
March 24, 2017, 6:58 AM MDT
B.C. collected $61.23 million in bonus bids for its 2016/2017 fiscal year (ends on March 31, 2017), a strong rebound after a record low $15.93 million for 2015/2016. This fiscal year, the January sale of $39.62 million fueled most of the resurgence.
March 24, 2017, 7:35 AM MDT
Nine years after TransCanada Corporation first proposed Keystone XL, the United States State Department has signed and issued a presidential permit that will allow construction of the US$8 billion project.
March 24, 2017, 5:03 AM MDT
While the province is pleased with $30 million in federal funding, which is expected to go toward the remediation of orphan wells, Alberta Energy Minister Marg McCuaig-Boyd said her government is concerned about federal tax changes affecting oil and gas exploration.
March 24, 2017, 3:42 AM MDT
Canada’s oil and gas companies—including small producers—have a bright future as long as they adapt to change and emphasize the positive, says energy economist Peter Tertzakian.
March 24, 2017, 11:52 AM MDT
New technology being developed by SAGD operators could effectively eliminate CO2 emissions from the steam generation process, the largest source of greenhouse gas releases from in situ bitumen production.
March 24, 2017, 6:58 AM MDT
An exciting future filled with revolutionary technologies may await the oilsands sector, but there are innovation steps that must occur in the interim for the resource to reach its full potential, heard an oilsands conference.
March 24, 2017, 6:58 AM MDT
As it continues to open its vast oil and gas resources to foreign development, the government of Mexico is telling Canadian E&P companies in particular to check out the country’s unconventional plays, including its largely-untapped, onshore oil shales.
March 24, 2017, 10:56 AM MDT
Enbridge Inc. says that about 10 cubic metres (about 63 bbls) of synthetic crude oil was released earlier this week from a tank valve at its Edmonton Terminal in Strathcona.
March 24, 2017, 6 AM MDT
Drillers picked up the pace of laying down rigs this week, as spring breakup moves across the basin.
March 24, 2017, 11:41 AM MDT
March 24, 2017, 11:37 AM MDT
Pengrowth Energy Corporation has entered into an agreement for the sale of its non-producing Montney lands at Bernadet in northeast British Columbia for cash consideration of $92 million.
March 24, 2017, 3:30 AM MDT
March 24, 2017, 6:59 AM MDT
March 24, 2017, 7:23 AM MDT
Saskatchewan Energy and Resources Minister Dustin Duncan announced the Ministry of the Economy has completed its investigation of the Husky Energy Inc. pipeline spill last July.
March 24, 2017, 9:40 AM MDT
March 24, 2017, 10:19 AM MDT
MEG Energy Corp. has applied to the Alberta Energy Regulator (AER) to expand the eMVAPEX experimental scheme at the Christina Lake Regional Project (CLRP).
March 24, 2017, 8:49 AM MDT
InPlay Oil Corp. recently started drilling its first (one net) Willesden Green Cardium horizontal well, expected to be completed and placed on production in the second quarter, leaving about seven net wells to be drilled for the second half of the year.
March 24, 2017, 6 AM MDT
Toscana Energy Income Corporation says prudent fiscal management has allowed the company to weather the economic downturn, and dispositions made in 2016 created a stronger balance sheet by year end so that management views 2017 with cautious optimism.
March 24, 2017, 6 AM MDT
Tenaris is resuming manufacturing at its Prudential facility in Calgary after a two-year interruption in operations following low oil and gas prices and the impact of unfairly traded imports, the company said.
March 24, 2017, 6 AM MDT
Crude oil nominations for Kinder Morgan Canada Inc.’s Trans Mountain Pipeline System are oversubscribed by 35 per cent for the total system for April, meaning that shippers will be able to deliver 65 per cent of nominated volumes.
March 24, 2017, 6 AM MDT
In the summer and fall of 2014, Canada’s independent oil and gas producers—those represented by The Explorers and Producers Association of Canada (EPAC)—were still riding the waves of global crude oil prices that were flirting with US$100 per bbl.
March 24, 2017, 7:16 AM MDT
March 24, 2017, 9:16 AM MDT
Blackbird Energy Inc. has closed the previously announced acquisition of two gross sections (two net) of Montney rights from Knowledge Energy Inc. pursuant to the terms of an asset sale agreement dated March 16, 2017.
March 24, 2017, 6 AM MDT
Ceiba Energy Services Inc. announced that Richard Lane has resigned as a director of the company effective March 22, 2017.
March 24, 2017, 6 AM MDT
Sunshine Oilsands Ltd. announced that all conditions of a placing agreement have been fulfilled and the completion took place on March 24, 2017.
March 24, 2017, 6:59 AM MDT
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March 24, 2017, 10:35 AM MDT
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