The Duvernay drove interest in Alberta’s Wednesday sale — a common narrative this year — as industry spent $44.95 million this week on Crown land.
Husky Oil Operations Limited (50 per cent) and BP Canada Energy Group ULC (50 per cent) submitted a successful bid for an exploration licence for Parcel 1 in the Jeanne d’Arc region offshore Newfoundland and Labrador.
Energy security becomes a vastly more important issue for Canada assuming carbon policies increase reliance on the electricity grid in accordance with reduced fossil fuel consumption and the emergence of such technologies as the electric car, heard a recent University of Ottawa panel discussion regarding the nation’s climate change response.
As many Deep Basin players look to smaller activity and less spending, Peyto Exploration & Development Corp. is looking to future land expiries as potential acquisition targets for 2018, says top brass.
Thank goodness for an early winter! That is the sentiment of Peyto Exploration & Development Corp.’s chief executive as the company dealt with unprecedented volatility in natural gas prices during the summer.
TransCanada Corporation’s Mainline out of Western Canada is operating at full capacity of 3.8 bcf/d of long-haul contracts with the new Long Term Fixed Price (LTFP) service which went into service Nov. 1, 2017, a senior executive said this morning.
Raymond James Ltd. has been engaged to assist Manitok Energy Inc. with the sale of all of its producing properties, undeveloped acreage and related assets. The properties are located in west central and southeastern Alberta.
The Supreme Court of Canada has confirmed it will hear the appeal of the Alberta Energy Regulator (AER) and Orphan Well Association (OWA) on the RedWater decision, the regulator announced this morning.
Canadian Discovery Ltd. (CDL) and Sproule are pleased to announce a new strategic partnership to deliver a joint energy solution designed to leverage CDL’s geologic and technology expertise and Sproule’s new engineering analysis.
Tourmaline Oil Corp. has no plans at this point for merger and acquisition activity for the next couple of years but the company’s top executive will see “how the world unfolds.
The 2018 EP capital program for Tourmaline Oil Corp. has been reduced from $1.52 billion to $1.08 billion, reducing planned production growth from 15 per cent to 10 per cent for the year.
Birchcliff Energy Ltd. has released preliminary 2018 capital spending guidance of between $250 million and $450 million.
Painted Pony Energy Ltd. entered into a long-term agreement to deliver natural gas to Methanex.
Paramount Resources Ltd.’s 2018 capital budget of $600 million is focused on liquids-rich growth opportunities.
Kelt Exploration Ltd. says that it is increasing 2017 capital spending, and outlined its preliminary plans for next year.
Ahead of the New Artificial Lift Designs & Production Optimization Technologies Permian Basin Congress 2018, we're giving you exclusive insight on how Whiting Petroleum is addressing and overcoming some of the biggest production challenges right now.
Join JWN and our partners as we celebrate the province’s only awards program paying tribute to the success and innovative approaches of Alberta export companies.
In Canada, approximately 100 boe/d (600 mcf/d) of dry gas was shut-in Aug. 30 due to low gas prices associated with system outages (expansion/maintenance) in the TransCanada Corporation system, reported TransGlobe Energy Corporation.
The end of the monopoly over all facets of Mexico’s oil and gas sector has led to a torrent of new competitors for Petroleos Mexicanos (Pemex) in the gasoline station and fuel import areas, according to new statistics from the country’s Energy Secretariat (Sener).
Add your voice to JWN's 2018 Oil & Gas Industry Outlook Report and 3rd annual Service & Supply Industry Outlook Report.
Higher activity levels across Trinidad Drilling Ltd.’s operating areas resulted in an almost 94 per cent increase in revenues in the third quarter of 2017 compared to the previous period in 2016.
For the first time in its 21-year history, Total Energy Services Inc. says that during the third quarter the majority of revenues were derived from outside of Canada.
While the federal government fully supports the Trans Mountain pipeline expansion, it will not be participating in a National Energy Board (NEB) proceeding related to Trans Mountain ULC, says a spokesperson for Natural Resources Minister Jim Carr.
Gear Energy Ltd. reported higher production in the third quarter, while the net loss was essentially flat for the period year-over-year.
Fort Nelson First Nation (FNFN) and Geoscience BC have signed a new agreement which will see FNFN take over four hydrometric water monitoring stations in its territory.
The recovery in Canada’s oilfield service sector appears to be gathering steam, with Calgary-based Essential Energy Services Ltd., which offers the country’s largest coiled tubing fleet, along with fluid and nitrogen pumping and downhill tool rentals and sales, recording stronger than anticipated third quarter results.
Husky Energy Inc. has closed its acquisition of the Superior refinery, a 50,000 bbl/d refinery located in Superior, Wisconsin.
Suncor Energy Inc. has priced an offering of US$750 million in aggregate principal amount of senior unsecured notes due on Nov. 15, 2047.
Cardinal Energy Ltd. announced the departure of Shane Peet, president of Cardinal, effective immediately.
Point Loma Resources Ltd. has captured over 160,000 net acres across the multi-zone Mannville, Nordegg and Banff fairways of west-central Alberta, and announced some recent land acquisitions and an update of core area activities.
Precision Drilling Corporation intends, subject to market and other conditions, to offer US$400 million aggregate principal amount of senior notes due 2026 in a private offering that is exempt from the registration requirements of the U.S. Securities Act of 1933, as amended.
Rush Energy Services Inc. has completed the acquisition of the Breton Custom Treating Oil Terminal.
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