Headlines for Nov. 24, 2017

  1. Over 6,000 Wells Drilled To The End Of October

    Operators across Canada rig released 6,017 wells in the first 10 months of 2017, excluding experimental wells, a 102 per cent increase from 2,981 wells drilled in the comparable period last year.

  2. 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.

  3. Hemisphere Output Climbed In Q3

    Hemisphere Energy Corporation achieved quarterly average production of 681 boe/d (95 per cent oil), a 31 per cent increase over the third quarter of 2016 and a 15 per cent increase over the second quarter of 2017.

  4. Source Energy Director Enters Automatic Securities Disposition Plan

    Source Energy Services Ltd. announced that James McMahon, a director of the company has entered into an automatic securities disposition plan (ASDP) in accordance with applicable Canadian provincial securities legislation, including the guidance under the Ontario Securities Commission's Staff Notice 55-701.

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