Crescent Point Energy Corp. was the top operator during the first quarter of 2017, excluding experimental/test wells — drilling the most metres across the basin and also rig releasing the most wells.
The following chart shows Western Canada’s top operators by PSAC area.
The National Energy Board (NEB) has decided to use a modified version of its streamlined regulatory process to consider TransCanada Corporation’s application for a new long term fixed price (LTFP) on the Canadian Mainline from Empress, Alberta to Dawn, Ontario.
An organization created to get past the polarization of the energy debate and find creative solutions is advancing a number of concepts built upon Alberta’s strength—and the main source of the debate—the oil and gas sector.
Major deals in the oilsands sector meant that the total upstream M&A spend in March 2017 alone eclipsed the annual totals for each of the past five years except for 2014, according to CanOils’s latest monthly M&A review, which can be downloaded here.
President Donald Trump would likely hit opposition from within the United States if his administration tries to bring trade sanctions against Canadian energy, says Alberta Premier Rachel Notley.
The future of business is here and that means complacency is no longer an option. Living in a “comfort zone” when it comes to running operations can mean falling behind the competition; today’s environment demands flexibility to change to constantly evolving technology.
Precision Drilling Corporation’s first quarter 2017 revenue increased 15 per cent to $345.8 million from $301.73 million a year earlier as the company reactivated additional rigs amid increased demand although Canadian pricing remained weak.
Packers Plus Energy Services Inc. installed a StackFRAC Titanium XV system in a challenging high pressure/high temperature (HPHT) well in a Jurassic reservoir in the Middle East.
K. James Harrison has advised Zargon Oil & Gas Ltd. that he does not intend to stand for re-election for the company’s board of directors at the upcoming annual and special meeting of shareholders to be held on May 30, 2017.
Delphi Energy Corp. named three new candidates to join its board of directors.
Vital Energy Inc. released further details on the four leases acquired at the Saskatchewan Crown land sale in the Pennant area project lands.
Total Energy Services Inc. has purchased, through the facilities of the Toronto Stock Exchange (TSX), 299,500 Savanna Energy Services Corp. shares.
Renaissance Oil Corp. closed its previously announced brokered private placement for one million units at a price of C25 cents per unit, for aggregate gross proceeds of C$250,000.
Renaissance Oil Corp.’s shares commenced trading on OTCQB Venture Market in the United States under the symbol "RNSFF" on March 8, 2017.
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