Headlines for Dec. 22, 2017

  1. U.S. Rig Count Up One

    U.S. rig count is up one rig from last week to 931, with oil rigs unchanged at 747, gas rigs up one to 184, and miscellaneous rigs unchanged.

  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. Strad Capital Spending At $8 Million For 2018

    Strad Energy Services Ltd. announced a 2018 capital expenditure program of $8 million which includes $5 million for replacement matting, $1.5 million in information technology upgrades and $1.5 million of other maintenance capital.

  4. Canadian Spirit Announces Exercise Of Warrants

    Canadian Spirit Resources Inc. announced that 1.25 million of the share purchase warrants issued Dec. 21, 2016 (with an expiry term of one year) have been exercised at a price of 12 cents per warrant for gross proceeds of $150,000.

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