The uncovering of what Altura Energy Inc. describes as “one of the largest conventional oil pools discovered in the Western Canada Sedimentary Basin within the last 20 years” — under the nose of the Leduc discovery that launched the Alberta oil industry in 1947 no less — was the result of the tenacity of the company’s vice-president of exploration, according to Altura’s president and chief executive officer.
May 18, 2018, 11:03 AM MDT
British Columbia business leaders share not only the Alberta government’s view that it’s critical that the Trans Mountain expansion gets built, but that the issue is becoming one of how Canada works, Alberta Premier Rachel Notley said Thursday.
May 18, 2018, 6 AM MDT
May 18, 2018, 3:02 AM MDT
Until political leadership in Canada creates a truly welcoming energy investment environment, Total Energy Services Ltd. expects continuously more of its operations to occur beyond Canada.
May 18, 2018, 10:29 AM MDT
A one per cent increase in light oil recovery from its Midale area would replace Cardinal Energy Ltd.’s production for the year, shareholders heard on Thursday.
May 18, 2018, 6 AM MDT
It was a busy week for land sales in Western Canada with Alberta, Manitoba and B.C. all holding auctions—while Alberta had some decent interest, the latter two provinces reported muted results.
May 18, 2018, 3:34 AM MDT
Husky Energy Inc. is evaluating a well offshore Newfoundland that encountered more than 85 metres of oil-bearing sandstone.
May 18, 2018, 6:14 AM MDT
Ritchie Bros. — a global asset management and multi-channel disposition company — is introducing a new solution to customers: Marketplace-E.
May 18, 2018, 11:27 AM MDT
The Daily Oil Bulletin will not be publishing on Monday, May 21, due to the Victoria Day holiday. The normal publishing schedule will resume on Tuesday, May 22.
May 18, 2018, 2:47 AM MDT
The Energy Information Administration (EIA) expects construction of new natural gas pipeline capacity in the United States to continue in 2018, in particular in the northeastern United States.
May 18, 2018, 6:25 AM MDT
May 18, 2018, 6:48 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 18, 2018, as reported this morning by Rig Locator.
May 18, 2018, 11:17 AM MDT
The U.S. rig count is up one rig from last week to 1,046, with oil rigs unchanged at 844, gas rigs up one to 200, and miscellaneous rigs unchanged at two.
May 18, 2018, 11:23 AM MDT
Petrus Resources Ltd. announced a one year extension of its second lien term loan maturity date and the completion of the 2018 annual review of its revolving credit facility (RCF).
May 18, 2018, 3:11 AM MDT
May 18, 2018, 2:54 AM MDT
May 18, 2018, 6:37 AM MDT
May 18, 2018, 6:41 AM MDT
Traverse Energy Ltd. granted stock options to its directors and officers to purchase 2 million common shares with an exercise price of 22 cents per share and an expiry date five years from the date of grant.
May 18, 2018, 6 AM MDT
Enbridge Inc. announced that none of Enbridge's outstanding cumulative redeemable preference shares, Series F will be converted into cumulative redeemable preference shares, Series G of Enbridge on June 1, 2018.
May 18, 2018, 6 AM MDT
Cameron Bailey, CEO of High Arctic Energy Services Inc., has been appointed to the company’s board of directors effective today.
May 18, 2018, 7:47 AM MDT
May 18, 2018, 3:07 AM MDT
May 18, 2018, 6:51 AM MDT
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