So far 2017 hasn't been a busy year for mergers and acquisitions in Western Canada’s energy services sector, Rhys Renouf, KPMG's National Energy Services leader, and a managing director of KPMG Corporate Finance Inc., said at KPMG’s 17th annual Energy Services Executive Roundtable in Calgary on Thursday.
September 29, 2017, 11:21 AM MDT
During the last week of September, an average of 32 per cent of the drilling fleet in Western Canada was working. That compares to 25 per cent in the same period in each of the last two years.
September 29, 2017, 5:25 AM MDT
Drilling rig activity in Western Canada and the Top 5 active operators as of Sept. 29, 2017, as reported this morning by Rig Locator.
September 29, 2017, 11:31 AM MDT
The total number of operating rigs in the United States was 940 this week, according to the Baker Hughes weekly count, five more rigs than the 935 that were at work last week.
September 29, 2017, 11:37 AM MDT
Americans had the space program. Albertans had Great Canadian Oil Sands. Kindred spirits drove both enterprises in a visionary period that deserves to be called the age of engineering.
September 29, 2017, 5:26 AM MDT
If it wasn’t one thing, it was another 50 years ago as the first Great Canadian Oil Sands employees laboured to do what no one had ever done — build a greenfield oilsands mine in northern Alberta.
September 29, 2017, 7:59 AM MDT
While impending new rules on methane emission reductions offer significant business opportunities for service providers, regulatory uncertainty is discouraging producers from taking action, the Alberta Climate Summit heard Thursday.
September 29, 2017, 6:08 AM MDT
The term “alternative energy” is no longer appropriate considering capital volumes flowing into new renewables currently outpaces what is going into building new fossil fuel projects globally, suggests Ethan Zindler.
September 29, 2017, 9:08 AM MDT
Unifor says an Alberta Court of Appeal decision upholding random drug and alcohol testing of the union’s members at Suncor Energy Inc.’s oilsands operations in Alberta is a gross violation of worker’s rights.
September 29, 2017, 6 AM MDT
Trans Mountain Pipeline ULC is seeking regulatory relief that would enable it to install temporary spawning deterrent matting in four watercourses along the expansion route as soon as possible.
September 29, 2017, 3:39 AM MDT
September 29, 2017, 3:42 AM MDT
Westcoast Energy Inc. will be expected to offset all potential direct and indirect residual effects of the Wyndwood pipeline expansion project in order to ensure no net loss of caribou habitat, says the National Energy Board (NEB) in its recently-filed reasons for approving the project.
September 29, 2017, 11:06 AM MDT
September 29, 2017, 9:54 AM MDT
There is a technological shift in how businesses collect, track and store data as more shift towards reporting automation and digitization.
September 29, 2017, 6 AM MDT
Traverse Energy Ltd. has accumulated 51,920 net acres (81 sections) of 100 per cent land prospective for light oil in the Duvernay shale basin in central Alberta.
September 29, 2017, 6 AM MDT
September 29, 2017, 10:47 AM MDT
Gibson Energy Inc. has agreed to issue and sell C$250 million aggregate principal amount of 5.250 per cent senior unsecured notes due July 15, 2024, on an exempt private placement basis.
September 29, 2017, 6 AM MDT
Trican Well Service Ltd. announced that the Toronto Stock Exchange has accepted its application to make a normal course issuer bid to purchase, from Oct. 03, 2017 to Oct. 02, 2018 (or until such earlier time as the bid is completed or terminated at the option of Trican), certain of its outstanding common shares.
September 29, 2017, 6 AM MDT
Questerre Energy Corporation’s private placement of up to 34.9 million common shares has been over-subscribed at a price of 5.70 NOK or C89 cents per common share.
September 29, 2017, 3:48 AM MDT
September 29, 2017, 6 AM MDT
September 29, 2017, 5:38 AM MDT
September 29, 2017, 9:17 AM MDT
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