Fewer rigs were drilling in the Western Canadian Sedimentary Basin this week ahead of the Labour Day long weekend, according to Rig Locator.
September 1, 2017, 11:28 AM MDT
During the last week of August, an average of 34 per cent of the drilling fleet in Western Canada was working. That compares to 21 per cent in the same period a year ago and 26 per cent in 2015.
September 1, 2017, 12 AM MDT
The total number of rigs operating in the United States rose to 943 this week, according to the Baker Hughes weekly count — three more rigs than the 940 that were at work last week.
September 1, 2017, 11:37 AM MDT
The Pan-Canadian Framework (PCF) on Clean Growth and Climate Change may symbolize the emergence of a new, collaborative climate policy era in Canada, meaning the equivalency instrument takes on increasing significance requiring greater elaboration and public scrutiny, says the co-author of a newly-released report.
September 1, 2017, 7:59 AM MDT
September 1, 2017, 11:48 AM MDT
A National Energy Board (NEB) hearing on TransCanada Corporation’s application for its Dawn long-term fixed price service will be held Sept. 11 and 12 in Calgary.
September 1, 2017, 11 AM MDT
RMP Energy Inc. has entered into a definitive purchase and sale agreement with Tangle Creek Energy Ltd. pursuant to which Tangle Creek will acquire all of RMP’s crude oil and natural gas interests in the Waskahigan/Grizzly, Kaybob, Gilby, Pine Creek areas of west-central Alberta in addition to other minor Alberta properties for total consideration of $80 million, subject to customary closing adjustments.
September 1, 2017, 11:56 AM MDT
Precision Drilling Corporation’s U.S. field operations have not been adversely impacted by the severe weather experienced across the Texas Gulf Coast and the company currently has 61 rigs running, including 45 rigs in Texas.
September 1, 2017, 12 AM MDT
The National Energy Board (NEB) will hold detailed route hearings in the coming months as part of its ongoing regulatory oversight of the Trans Mountain expansion project.
September 1, 2017, 12 AM MDT
The National Energy Board (NEB) will hold a route realignment hearing in Chilliwack, B.C. in early 2018, to review a proposal by Trans Mountain Pipeline ULC to relocate nearly two kilometres of the previously approved general pipeline corridor within the city.
September 1, 2017, 12 AM MDT
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September 1, 2017, 12 AM MDT
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September 1, 2017, 9:27 AM MDT
Energy Transfer Partners announced the Federal Energy Regulatory Commission (FERC) approved its request to put Phase 1A of the Rover pipeline into service.
September 1, 2017, 12 AM MDT
The Canadian North Economic Development Agency (CanNor) will help provide funding for a $584,000 feasibility study to assess the potential for natural gas development in the Beaufort Delta region of the Northwest Territories.
September 1, 2017, 9:50 AM MDT
Sunshine Oilsands Ltd. announced executive management changes due to job reallocation and to better align its management organization with the company’s future growth and development objectives.
September 1, 2017, 9:40 AM MDT
Birchcliff Energy Ltd. has closed its previously announced sale of its Worsley Charlie Lake light oil pool for total consideration of approximately $100 million (before adjustments), consisting of: cash consideration of $90 million; and securities of affiliates of the purchaser with a total value of $10 million.
September 1, 2017, 12 AM MDT
Birchcliff Energy Ltd. has notified the registered holder of its cumulative redeemable preferred shares, Series A of the applicable dividend rates for its Series A shares and its cumulative redeemable preferred shares, Series B.
September 1, 2017, 3:50 AM MDT
Veresen Inc. does not intend to exercise its right to redeem all or any part of the currently outstanding cumulative redeemable rate reset preferred shares, Series A on Sept. 30, 2017.
September 1, 2017, 4:09 AM MDT
High Arctic Energy Services Inc. announced the signing of a contract for the provision and operation of a highly mobile land rig for use in Papua New Guinea (PNG).
September 1, 2017, 3:58 AM MDT
NCS Multistage Holdings, Inc. has finalized its acquisition of Spectrum Tracer Services, LLC.
September 1, 2017, 4:01 AM MDT
In order to fund the projected cash requirements of Niko Resources Ltd.'s assets in India and its other cash requirements over the next few months, the company requested consent from the lenders under its amended and restated facilities agreement to use a portion of the funds in a restricted cash reserve account.
September 1, 2017, 3:54 AM MDT
September 1, 2017, 8:55 AM MDT
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