Headlines for Sept. 15, 2017

  1. U.S. Rig Count Drops By Eight To 936 This Week

    The total number of operating rigs in the United States was 936 this week, according to the Baker Hughes weekly count, eight fewer rigs than the 944 that were at work last week. This is, however, 430 more rigs than the 506 that were operating this time last year. 

  2. Daily Infographic: Non-OPEC Overview

    Scheduled and unscheduled outages cut estimated non-OPEC supply by 510,000 bbls a day in August, to 58 million bbls a day, according to the International Energy Agency (IEA). Russian, Kazakh, Azeri, Mexican and North Sea production fell as planned maintenance work —mostly at offshore installations — curbed output from a month earlier.

  3. US Oil Sands Announces Appointment Of Receiver

    US Oil Sands Inc. announced that the Court of Queen's Bench of Alberta has granted the application of the company's lender, ACMO S.à R.L., to appoint FTI Consulting Canada Inc. as receiver and manager over the assets, undertakings and property of US Oil Sands.

  4. Connacher Appoints CFO

    Connacher Oil and Gas Limited announced that Jeff Beeston has been appointed chief financial officer.

  5. Leucrotta Announces Grant Of Incentive Stock Options

    Leucrotta Exploration Inc.’s board of directors has approved the granting of incentive stock options under its stock option plan to certain of its directors and officers to acquire up to an aggregate of 1,920,000 common shares of the company and the granting of options to certain of its employees and consultants to acquire up to an aggregate of 706,000 common shares.

  6. DIVERGENT Announces Shares For Interest Transaction

    DIVERGENT Energy Services Corp. has elected to satisfy the interest obligation in the amount of $144,931.51 due on Sept. 30, 2017 by the delivery of 1,294,031 common shares at a deemed price of 11 cents per common share to the holders of debentures.

  7. High Arctic Announces Normal Course Issuer Bid

    High Arctic Energy Services Inc. has made the necessary filings, and received the necessary approvals to conduct a normal course issuer bid (NCIB) through the facilities of the Toronto Stock Exchange (TSX).


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