Headlines for Nov. 17, 2017

  1. 7G Prepares For Growth Post-2018; Takes Conservative Downtime Outlook

    Seven Generations Energy Ltd.’s underestimation of the required Pembina Kakwa River natural gas processing plant downtime in 2017 is largely why the company will now take a more conservative outlook regarding third party-related infrastructure downtime for next year — likely to be around 30 to 45 days for the 12-month period.

  2. Crews Responding To TransCanada Leak In South Dakota

    TransCanada Corporation crews safely shut down its Keystone pipeline at approximately 6 a.m. CST (5 a.m. MST) Thursday after a drop in pressure was detected in its operating system resulting from an oil leak that is under investigation.

  3. Wood Buffalo National Park Conservation A Concern, Says IUCN Outlook

    Upstream oilsands development is partially to blame for the International Union on the Conservation of Nature (IUCN) classifying Wood Buffalo National Park (WBNP) as having the worst conservation outlook in Canada and the second worst in all of North America, according to Kecia Kerr.

  4. C-NLOPB Receives 42 Parcel Nominations

    The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) Call for Nominations (Parcels) NL17-CFN02 - Eastern Newfoundland Region (Sector NL03-EN-01A and NL03-EN-01B) and Call for Nominations (Parcels) NL17-CFN03 – Jeanne d’Arc Region closed Nov. 15 with a total of 42 parcel nominations submitted by six nominees over the two regions.

  5. Explor Sets New Canadian Production Record

    Explor Geophysical Ltd. has just completed acquisition of a high-density 3D seismic survey that attained trace densities ranging from five million to seven million seismic traces per square kilometre, beating its previous record, the company said.

  6. Sykes Stepping Down From Athabasca Board

    Athabasca Oil Corporation announced that Henry Sykes will be stepping down from the board of directors as a result of a conflict that has arisen given his position on a board of a publicly traded company that recently combined with another public company.

  7. Renaissance Aiming To Unlock Mexico Potential

    The chief executive of the Canadian-based company that has become one of the most aggressive participants in Mexico’s oil and gas production sector says he believes the company will eventually unlock millions of bbls of oil from a shale block it will likely begin producing from next year.

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