Oil and natural gas revenue in the three major producing provinces for 2017/2018 is expected to climb from the previous fiscal year, although projections are lower than originally budgeted estimates.
An oil and gas industry advocate wants the industry to take a leaf from the proverbial book of consumer advertising in order to win approval with a key demographic — the “conditional supporters” in places such as suburban Toronto, Montréal and the Lower Mainland of British Columbia.
Drilling rig activity in Western Canada and the Top 5 active operators as of Dec. 28, 2017, as reported this morning by Rig Locator.
Vital Energy Inc. has completed the closing of the previously announced non-brokered private placement offering of eight per cent secured convertible debentures in the principal amount of $100,000, subject to TSX Venture Exchange final approval.
Granite Oil Corp.’s semi-annual review of its credit facility has been completed.
The Canadian Standards Association (CSA) is inviting public comment on the draft standard “CSA Z246.2 Emergency preparedness and response for petroleum and natural gas industry systems, second edition.”
Gemini Corporation announced that Susannah Pierce has resigned from the board of directors effective Dec. 21, 2017 due to increased demands from her other professional commitments.
TransCanada Corporation has entered into an agreement to sell its outstanding U.S. retail power contracts to EDF Energy Services, LLC.
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