Headlines for Nov. 23, 2017

  1. AER Targeting More Regulatory Cost Savings

    With a track record of $1.9 billion in regulatory cost savings to industry since 2014, the Alberta Energy Regulator (AER)is broadening its scope across the industry, eyeing further savings in terms of reduced red tape.

  2. Bering Exploration Company, ULC Corporate Divestiture

    Sayer Energy Advisors has been engaged to assist Bering Exploration Company, ULC and its related entities, Lexington Oil & Gas Co. and Vitus Oil and Gas, ULC (collectively “Bering” or the “Companies”) with the sale of the shares of the Companies.  Bering is a private company with a small number of shareholders, four employees, and low overhead and positive working capital.

  3. Sponsored Content: Accelerate Oil And Gas Transformation With Advanced Technologies

    The Canadian natural resources industry is undergoing enormous change. Volatile energy prices — the reality of US 55 per barrel — reduced production reliability, uncertain market access, the government’s climate change agenda, tightening environmental policy, safety, and compliance concerns along with increasing social drivers, such as social license to operate, all have resulted in industry upheaval.

  4. AER Responding To Pipeline Release

    The Alberta Energy Regulator (AER) is responding to a pipeline release in the Red Earth Creek area from company Mount Bastion Oil & Gas Corp.

  5. PSAC Delivers ‘Canadian Brand’ Message To Ottawa

    The Petroleum Services Association of Canada (PSAC) travelled to Ottawa this week to deliver a message to parliamentarians of the need for a Canadian “brand for energy” that includes oil and gas in order to optimize the social and economic benefits of our vast natural resources for all Canadians.

  6. Suncor Energy Reduces Debt Further

    Suncor Energy Inc. successfully closed the sale of a 49 per cent equity interest in the East Tank Farm Development project for aggregate proceeds of $503 million.

  7. Pulse Oil Announces Approval To List Warrants

    Pulse Oil Corp. announced that the TSX Venture Exchange has advised that the share purchase warrants issued as part of Pulse's June 2017 financing will begin trading on the TSX Venture Exchange at the open on Nov. 27, 2017 under the symbol PUL.WT.

  8. Pemex Planning To Move Into U.S. Service Station Market

    State-owned Mexican oil and gas company Petroleos Mexicanos (Pemex), facing increased competition in its home market in the upstream, midstream and downstream sectors, is planning to move aggressively into the U.S. service station market.

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