Savanna Energy Services Corp. will “vigorously” defend itself against any claim from Western Energy Services Corp., for a termination fee, says Dan Halyk, chief executive of Total Energy Services Inc. which earlieracquired control of Savanna in a takeover.
April 18, 2017, 11:03 AM MDT
Going against the grain has not hurt Vermilion Energy Inc. during its roughly 20-year history, a tradition the company still honours.
April 10, 2017, 9:26 AM MDT
Responding to recent events, including the acquisition of control by Total Energy Services Inc., Savanna Energy Services Corp. has ended an agreement with Western Energy Services Corp.
March 29, 2017, 9:16 AM MDT
While a final investment decision is still two years away, proponents behind a proposed Vancouver Island liquefied natural gas (LNG) export facility are already looking at pipeline options for bringing gas from the mainland.
March 29, 2017, 11:46 AM MDT
As reported Monday, a tiny British Columbia First Nation has voted to support a historic deal that would make it an equity partner in a liquefied natural gas (LNG) export facility proposed for Vancouver Island (DOB, March 27, 2017).
March 28, 2017, 11:33 AM MDT
As it continues to open its vast oil and gas resources to foreign development, the government of Mexico is telling Canadian E&P companies in particular to check out the country’s unconventional plays, including its largely-untapped, onshore oil shales.
March 24, 2017, 10:56 AM MDT
A small-scale, liquefied natural gas (LNG) developer is touting LNG as a solution for the oil and gas sector and for power-hungry communities in Canada’s north, a Calgary conference heard yesterday.
March 17, 2017, 11:16 AM MDT
Selling off shallow gas properties last October trimmed production for Perpetual Energy Inc., but will likely improve the company’s balance sheet longer-term, management said in releasing fourth-quarter results today.
March 15, 2017, 11:20 AM MDT
Although posting slightly lower production, Northern Blizzard Resources Inc. saw revenue in the fourth quarter rise nearly 18 per cent, mainly on the strength of higher oil and gas prices, says the company.
March 10, 2017, 11:24 AM MST
Following an on-again, off-again takeover saga led by another Canadian oilfield service competitor, one of Western Canada’s largest drilling contractors has agreed to a friendly takeover worth $533 million, including about $248 million in debt.
March 9, 2017, 10:46 AM MST
Despite slowing economies across China and southeast Asia, the long-term outlook for the region’s LNG markets is bright, thanks to natural gas demand that’s expected to climb steadily, experts speaking at the Canadian Energy Research Institute’s 2017 Oil & Gas Symposium said Tuesday.
March 8, 2017, 11:34 AM MST
Slower days in the camp and catering business dampened financial results in the fourth quarter for Horizon North Logistics Inc., although management reported settlement of a major fire insurance claim this week.
March 2, 2017, 11:15 AM MST
A government cap on greenhouse gas (GHG) emissions in Alberta’s oilsands sector could limit the sector’s long-term growth and damage its competitiveness, according to some industry analysts and executives.
February 27, 2017, 8:23 AM MST
The variable-pay model that a number of Alberta’s oilfield service firms have begun to adopt for field staff over the past year may be showing its cracks.
February 24, 2017, 8:54 AM MST
While posting strong earnings in the fourth quarter, Enerplus Corporation reported lower production and slightly lower reserves, compared to 2015 figures.
February 24, 2017, 11:55 AM MST
Oilpatch players in Canada’s export market celebrated a new addition to their toolbox Wednesday, with the launch in Calgary of Going Global (II) report, a guide for Canadian service and technology firms intent on cracking or expanding further into international markets.
February 23, 2017, 10:07 AM MST
Labour could become an issue as pressure-pumpers gear up for a recovery, Calfrac Well Services Ltd. said in reporting fourth-quarter results this morning.
February 23, 2017, 11:02 AM MST
Engineers meeting in Calgary Wednesday focused on innovation as key to some of the oil industry’s pressing problems at a joint conference of the Society of Petroleum Engineers (SPE) Canada.
February 16, 2017, 11:45 AM MST
Day rates for drilling rigs in Western Canada may be headed higher, although much depends on the type of rig, where it’s working, and the course of crude oil prices, one of Canada largest drilling contractors said yesterday.
February 10, 2017, 10:25 AM MST
While industry activity is still hampered by the overhang of lower producer budgets, stabilizing crude oil prices have led demand for drilling rigs to rise, according to Precision Drilling Corporation, which reported on its fourth quarter this morning.
February 9, 2017, 11:06 AM MST
While the long-term future of Atlantic Canada appears secure, the short-term outlook is less clear, owing largely to a lull in offshore activity and a surplus of workers, interviews with East Coast industry executives suggest.
February 6, 2017, 7:09 AM MST
Western Canada’s Montney producers have long found that lengthier horizontal wells mean more production and greater efficiency, a trend that is continuing, according to two producers that outlined 2017 drilling plans recently.
January 31, 2017, 6 AM MST
For at least one of Western Canada’s drilling contractors, this year’s first quarter has been a pleasant surprise, with brisker drilling than many in the industry had expected.
January 26, 2017, 11:15 AM MST
Anger over remarks about Alberta’s oilsands that Prime Minister Justin Trudeau made in a recent Ontario townhall spilled over in Calgary Tuesday during a raucous townhall at the University of Calgary, one of many such meetings Trudeau is convening across the country.
January 25, 2017, 11:05 AM MST
The Supreme Court of Canada has dismissed an Alberta landowner’s attempt to sue the Alberta Energy Regulator (AER).
January 13, 2017, 11:07 AM MST
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