The gas market in the United States is coming back into balance with the surge in export demand and that can spell good news for Canadian producers.
May 24, 2017, 6 AM MDT
Operators drilled more than twice the metres in the first four months of 2017 compared to a year ago. Producers rig released 7.1 million metres in Western and Northern Canada to the end of April, excluding test wells, up 111 per cent from 3.36 million metres in the year-prior period. The meterage tally is at a three-year high.
May 24, 2017, 6 AM MDT
Mazatlan — The Houston-based head of a logistics company that has been shipping propane from the U.S. to Mexico for almost two years says new entrants to the fuel sales market in Mexico, such as BP plc and Exxon Mobil Corporation, will likely have to resort to the use of rail.
May 24, 2017, 8:35 AM MDT
Mazatlan — Kansas City Southern, which dominates the rail freight system in Mexico — where it is the largest rail operator — is preparing for a big increase in shipments of refined petroleum products into the country from the U.S. and Canada, according to a company spokesperson.
May 24, 2017, 8:49 AM MDT
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Canadian Discovery’s (CDL) Geological Plays (CDL Plays), previously only available through “Resource Plays” and “Resource Groups” in the Well Completions & Frac Database (WCFD) or Canadian Discovery’s Catalyst platform, are now available for direct download into your mapping and analytics applications such as Verdazo, Spotfire, Tableau and more.
May 24, 2017, 6 AM MDT
NRG Divestitures announces sale of Class 1B disposal well and blending facility.
May 24, 2017, 6 AM MDT
May 24, 2017, 3:32 AM MDT
Delphi Energy Corp. has entered into agreements with investors for a $65 million financing transaction comprised of a $35 million equity offering and a $30 million principal amount of 10 per cent senior secured collateralized exchange listed (CEL) notes.
May 24, 2017, 8:15 AM MDT
This Inspired Conversation brings together multiple players involved in assets and major projects to discuss challenges with existing business models and will offer participants the opportunity to engage in dialogue
May 24, 2017, 6 AM MDT
The University of Oklahoma Alumni Association of Canada is hosting its annual Stampede BBQ on Thursday, June 1, at the Railway Cafe at Heritage Park.
May 24, 2017, 6 AM MDT
At Michichi in the first quarter, three Banff horizontal light oil wells were drilled, completed and tied in from a single pad location for an average total cost of $1.79 million each, reported Marquee Energy Ltd.
May 24, 2017, 6 AM MDT
Canadian Natural Resources Limited announced that on May 23, 2017, it priced the following medium term notes to be sold to investors in Canada.
May 24, 2017, 5:01 AM MDT
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Perisson Petroleum Corporation announced that the Alberta Securities Commission (ASC) has revoked the management cease trade orders that it had issued upon application of the company in respect of Gary Chen, Wayne Rousch, Chih-Sheng Hsu and Scott Reeves as a result of the company's inability to file its annual audited financial statements, annual management's discussion and analysis and certification of annual filings for the year ended Dec. 31, 2016.
May 24, 2017, 6 AM MDT
Point Loma Resources Ltd. announced an investment agreement with Evenergy Company Limited for Evenergy to acquire 8.38 million common shares of Point Loma for $4.02 million representing a purchase price of 48 cents per share.
May 24, 2017, 7:19 AM MDT
Manitok Energy Inc. announced amended terms of its lease issuance and drilling commitment agreement with an Alberta based royalty company.
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