Canadian Natural Resources Limited is increasing planned 2018 spending on de-bottlenecking at Horizon but has curtailed natural gas and conventional heavy oil activities.
August 2, 2018, 11:40 AM MDT
Canadian Natural Resources Limited’s jointly owned bitumen refinery should be onstream by Sept. 30, analysts heard today.
August 2, 2018, 11:51 AM MDT
MEG Energy Corp. may have contracted capacity on pipelines to the U.S. Gulf Coast, but it’s having trouble using it due to a full Enbridge Inc. Mainline out of Canada.
August 2, 2018, 10:31 AM MDT
AECO natural gas spot prices staged a recovery in July, gaining 38 cents/gigajoule or more than 40 per cent to $1.30/gigajoule from 92 cents/gigajoule in June while the light-heavy differential continued to widen as light oil prices improved.
August 2, 2018, 7:21 AM MDT
Tourmaline Oil Corp. president and CEO Mike Rose says there has been a supply response to low natural gas prices in Canada, which he hopes portends higher prices in the future.
August 2, 2018, 9:50 AM MDT
Led by strong increases in condensate and liquids volumes, Seven Generations Energy Ltd.’s second quarter production averaged 187,100 boe/d, a 13 per cent increase compared to 165,200 boe/d during the same period in the prior year.
August 2, 2018, 10:52 AM MDT
TransCanada Corporation recorded net income attributable to common shares of $785 million (88 cents per share) for the second quarter of 2018 compared to net income of $881 million ($1.01 per share) for the same period in 2017.
August 2, 2018, 10:48 AM MDT
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August 2, 2018, 3:51 AM MDT
STEP Energy Services Ltd. reported good second quarter financial results Thursday morning, supported by the acquisition this past winter of a company that helped it enter the U.S. fracturing market.
August 2, 2018, 10:30 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Aug. 2, 2018, as reported this morning by Rig Locator.
August 2, 2018, 11:47 AM MDT
August 2, 2018, 10:58 AM MDT
Tourmaline Oil Corp. reported Q2 2018 average production of 260,930 boe/d, which was below the originally-anticipated 265,000-275,000 boe/d range.
August 2, 2018, 3:14 AM MDT
ARC Resources Ltd.’s production surged in the second quarter to 127,879 boe/d, climbing from 113,410 for the April-June period of 2017.
August 2, 2018, 3:15 AM MDT
To manage natural gas price risk exposure, ARC Resources Ltd.'s physical natural gas diversification and financial risk management activities have helped to significantly increase its exposure to more attractive North American markets and enhance price realizations.
August 2, 2018, 3:16 AM MDT
Crew Energy Inc. says its natural gas market diversification strategy resulted in a premium price to AECO.
August 2, 2018, 8:33 AM MDT
Athabasca Oil Corporation increased its 2018 capital budget by $45 million to reflect continued activity in the Montney at Placid through the second half of 2018.
August 2, 2018, 7:03 AM MDT
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August 2, 2018, 11:13 AM MDT
The National Energy Board (NEB) has issued a $40,000 administrative monetary penalty to Canadian Natural Resources Limited for one day of non-compliance with a condition of an order.
August 2, 2018, 3:16 AM MDT
Enbridge Inc. closed the previously announced agreements to sell its U.S. midstream businesses and monetize a portion of its renewables business for combined cash proceeds of approximately $3.15 billion.
August 2, 2018, 3:16 AM MDT
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August 2, 2018, 8:50 AM MDT
Connacher Oil and Gas Limited announced that East River Oil and Gas Ltd. has been selected as the successful bidder pursuant to the sale and investment solicitation process (SISP) conducted in Connacher's proceeding under the Companies' Creditors Arrangement Act (CCAA).
August 2, 2018, 10 AM MDT
TransCanada Corporation has entered into an agreement to sell its 62 per cent share of the Cartier wind power facilities, and its related operating entities, to Innergex Renewable Energy Inc. for approximately $630 million. Located in Québec, the Cartier assets include five wind farms with a total generating capacity of 590 megawatts, of which TransCanada’s share is 365 megawatts.
August 2, 2018, 3:39 AM MDT
ConocoPhillips entered into an agreement to sell its interests in the Barnett shale play to Lime Rock Resources for approximately $230 million plus net customary adjustments.
August 2, 2018, 6:35 AM MDT
Saturn Oil & Gas Inc. has commenced completions operations on the previously announced (Viking and Success horizontal drill program.
August 2, 2018, 11:03 AM MDT
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