Headlines for Nov. 2, 2017

  1. Cenovus Targeting Sale Of ‘Non-Core’ Deep Basin Assets By Year-End

    Cenovus Energy Inc. is in the final stages of identifying “non-core” pieces of the Deep Basin asset package acquired from ConocoPhillips earlier this year to sell in order for it to reach the $4 billion to $5 billion target set to deleverage its balance sheet by the end of the year.

  2. No Word Yet On Keystone XL Open Season Results

    Following the close of its Keystone and Keystone XL open season Oct. 26, 2017, TransCanada Corporation will spend the next two months working through credit documentation and addressing any bid conditions that may arise, says a company spokesperson.

  3. Baytex Funds Flow Higher; Tightens Production Guidance

    Despite production in its key U.S. play in the Eagle Ford having been affected by Hurricane Harvey, as well as having been hurt by a stronger Canadian dollar, Baytex Energy Corp. recorded funds from operations for the third quarter of 2017 that was stronger than in the same period last year.

  4. Urgent National Debate On Future Of NWT Sought By Premier

    The premier of the Northwest Territories is calling for an urgent national debate about the effect of federal government policies, including an indefinite moratorium on new oil and gas exploration licences in the Arctic offshore, on the economic future of the territories.

  5. Toscana Energy In Sale Of Non-Core Undeveloped Land

    Toscana Energy Income Corporation has entered into a purchase and sale agreement to sell 13 sections of undeveloped land in northern Alberta to a private company for total cash consideration of $1.6 million subject to normal industry conditions.

  6. Pulse Revenue Surges In Q3

    In the third quarter of 2017 Pulse Seismic Inc. generated its second-highest quarterly seismic data library sales ever.

  7. Improved Q3 Results For CWC

    CWC Energy Services Corp. reported improved results for the third quarter with revenue, funds from operations rising, while the company narrowed its net loss.

  8. Tervita Acquires 3K Oil Services

    Tervita Corporation announced the acquisition of 3K Oil Services Ltd., an oilfield services provider to heavy oil markets located in the west-central region of Saskatchewan, northeast of Lloydminster.

  9. Jericho Oil Stack JV Acquires Additional Acreage

    Jericho Oil Corporation announced that its STACK joint venture has closed the acquisition of an additional 76 acres (100 per cent held-by-production) in the oil window of the Anadarko Basin STACK play in Oklahoma contiguous to its current position.

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