Cenovus Energy Inc. achieved strong financial results and production growth during a quarter in which it announced an acquisition that will double its production.
April 26, 2017, 11:37 AM MDT
April 26, 2017, 3:22 AM MDT
The release this week of the long-awaited court decision by the Alberta Court of Appeal to the appeal by the Alberta Energy Regulator (the “AER”) of the May 2016 ruling (the “Redwater Decision”) by the Court of Queen’s Bench of Alberta that provincial regulations are in conflict with the federal Bankruptcy and Insolvency Act (“BIA”, or the “Act”) will have implications on oil and natural gas mergers and acquisitions (“M&A”) activity.
April 26, 2017, 6 AM MDT
Fresh off a first quarter that saw revenues increase 24 per cent year-over-year, Calfrac Well Services Ltd. is boosting its 2017 capital budget from $25 million to $45 million.
April 26, 2017, 9:32 AM MDT
The following chart outlines B.C. land sale bonus revenue from 2007 to 2017 year-to-date. Bonus bids have recovered nicely so far in 2017 after touching a record low in 2016, while average prices are well above rates from the last couple of years.
April 26, 2017, 6:54 AM MDT
The expected commercial onstream date for AltaGas Ltd.’s North Pine separation project and North Pine pipelines in northeast B.C. has been moved up to the first quarter of 2018 from the second quarter of next year, says the company.
April 26, 2017, 10:57 AM MDT
Shippers on the TransCanada Corporation Mainline will benefit from the long-term revenue and stability and increased firm contractual commitments provided by its proposed new Dawn Long Term Fixed Price Service, says the company.
April 26, 2017, 11:59 AM MDT
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.
April 26, 2017, 6 AM MDT
PrairieSky Royalty Ltd. always looks at the potential downside rather than the upside when considering future risk, and in that regard the biggest negative in Western Canada’s energy sector is pipeline access, says top brass.
April 26, 2017, 6 AM MDT
April 26, 2017, 9:56 AM MDT
The Canadian Environmental Assessment Agency (CEAA) must decide whether a federal environmental assessment is required for the proposed Nexen Energy ULC Flemish Pass exploration drilling project, located over 400 kilometres east of St. John's, Newfoundland and Labrador, in the Flemish Pass.
April 26, 2017, 6 AM MDT
Pengrowth Energy Corporation is selling the remaining portion of its Swan Hills assets in north-central Alberta for total cash consideration of $185 million, subject to customary closing conditions and adjustments.
April 26, 2017, 6 AM MDT
STEP Energy Services Ltd. has priced its initial public offering of 10 million common shares at a price of $10 per common share for aggregate gross proceeds of $100 million.
April 26, 2017, 4:11 AM MDT
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April 26, 2017, 3:42 AM MDT
Shoal Point Energy Ltd. is planning to submit a summary planning document to the applicable regulators in Newfoundland and Labrador.
April 26, 2017, 11:56 AM MDT
Leucrotta Exploration Inc. has closed its previously announced bought-deal financing of common shares of the company and common shares issued on a flow-through basis in respect of Canadian exploration expenses (CEE) under the Income Tax Act (Canada) by way of short form prospectus.
April 26, 2017, 7:06 AM MDT
Ingenuity Lab, whose team specializes in nanotechnology, has created a unique product to suck oil out of water, and the group has been awarded $1.7 million from Natural Resources Canada to boost the project.
April 26, 2017, 10:42 AM MDT
Tall Oak Midstream II, LLC is executing an aggressive growth plan to meet producers’ natural gas and crude gathering needs in Oklahoma’s Northwest STACK play.
April 26, 2017, 7:50 AM MDT
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