Cardinal Energy Ltd. has entered into an agreement to purchase high quality, low decline light oil assets in Western Canada for cash consideration of $330 million before closing adjustments.
June 1, 2017, 3:54 PM MDT
The average monthly price for AECO gas rose to $2.83 per gigajoule in May, up from $2.68 the prior month and up from $1.18 in May 2016.
June 1, 2017, 8:40 AM MDT
While AECO natural gas spot prices have slipped since a mid-month high of $3.02 per gigajoule, prices in May were up 5.6 per cent from April and were more than double what they were a year ago.
June 1, 2017, 7:12 AM MDT
June 1, 2017, 11:03 AM MDT
Managing stakeholder concerns may be the main hurdle for the usage of enhanced solvent injection for in situ oilsands recovery, as something industry would consider as ‘low risk’ can be seen as ‘high risk’ for people living near operations, says an Alberta Energy Regulator (AER) representative.
June 1, 2017, 6 AM MDT
If Canada’s well count cracks 7,000 this year — only slightly above forecasts — it will take all of the industry’s idle pressure-pumping equipment off the fence and into the field, the head of Trican Well Service Ltd. said on Wednesday.
June 1, 2017, 10:30 AM MDT
June 1, 2017, 10:50 AM MDT
Sayer Energy Advisors has been engaged to assist Response Energy Corporation (“Response” or the “Company”) with the sale of certain of its non-core properties (the “Properties”).
June 1, 2017, 6:54 AM MDT
June 1, 2017, 11:30 AM MDT
June 1, 2017, 3:29 AM MDT
June 1, 2017, 3:39 AM MDT
Energy Transfer Partners, L.P. announced that the Dakota Access pipeline and the Energy Transfer Crude Oil Pipeline (ETCO) — which the company refers to collectively as the Bakken pipeline — are in commercial service under the committed transportation service agreements through their respective pipeline systems.
June 1, 2017, 6:49 AM MDT
Al Monaco, president and CEO of Enbridge Inc., has been named The Energy Council of Canada 2017 Canadian Energy Person of the Year.
June 1, 2017, 7:25 AM MDT
Keyera Corp. says it has sanctioned the first phase of its $625 million natural gas gathering and processing complex in the Wapiti area south of Grande Prairie, Alberta.
June 1, 2017, 6 AM MDT
ClearStream Energy Services Inc. announced the renewal of a five year operational workforce management contract with a major oilsands producer in the Fort McMurray region.
June 1, 2017, 6:40 AM MDT
On April 28, 2017, the non-operated Coleville gas plant in west-central Saskatchewan was unexpectedly shut-in due to operational safety issues, negatively impacting Whitecap Resources Inc.’s production volumes, primarily at Lucky Hills and Whiteside, by 1,700 boe per day (8.4 mmcf per day and 300 bbls per day of associated natural gas liquids).
June 1, 2017, 6 AM MDT
June 1, 2017, 3:43 AM MDT
June 1, 2017, 3:48 AM MDT
June 1, 2017, 3:55 AM MDT
June 1, 2017, 9:38 AM MDT
Delphi Energy Corp. has extended the term of its $80 million senior secured revolving credit facility with a syndicate of banks, led by Alberta Treasury Branches and including the Bank of Nova Scotia, until May 29, 2018.
June 1, 2017, 6:33 AM MDT
June 1, 2017, 4:11 AM MDT
June 1, 2017, 3:52 AM MDT
Trilogy Energy Corp. has completed its previously announced sale of certain Duvernay assets in the Kaybob area of Alberta for cash consideration of $60 million (before adjustments), with the proceeds to be used to reduce Trilogy's indebtedness under its revolving credit facility.
June 1, 2017, 6 AM MDT
As a result of the exercise of stock options, as at May 31, 2017, the number of issued and outstanding shares of BlackPearl Resources Inc. is 336,250,902 common shares with voting rights.
June 1, 2017, 3:21 AM MDT
TC PipeLines, LP has closed the acquisition of a 49.3 per cent interest in Iroquois Gas Transmission System, LP (Iroquois) from subsidiaries of TransCanada Corporation together with TransCanada's remaining 11.8 per cent interest in Portland Natural Gas Transmission System (PNGTS) for a total purchase price of approximately $765 million, effective June 1, 2017.
June 1, 2017, 6:36 AM MDT
June 1, 2017, 8:30 AM MDT
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