Source Energy Services Ltd. announced a 2018 capital budget of approximately $50 to $65 million.
December 22, 2017, 6 AM MST
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.
December 22, 2017, 6 AM MST
Organic growth initiatives will account for approximately $820 million, or 91 per cent, of Inter Pipeline Ltd.’ s $900 million 2018 capital expenditure program, up from a planned $545 million in 2017.
December 21, 2017, 6 AM MST
Mullen Group Ltd. has set its 2018 capital budget at $40 million for 2018, an increase from estimated 2017 spending of about $25 million which is half the amount outlined in the company’s 2017 guidance released last April.
December 15, 2017, 6 AM MST
Trinidad Drilling Ltd. announced a 2018 capital spending budget of approximately $40 million, comprised largely of maintenance capital to be spent on its North American fleet.
December 15, 2017, 3:48 AM MST
PHX Energy Services Corp. announced a 2018 capital expenditure program of $10.5 million, of which $3.8 million was committed in 2017 but delivery of the equipment was delayed into 2018.
December 14, 2017, 6 AM MST
CWC Energy Services Corp. has approved a 2018 capital expenditure budget of $12.7 million.
December 14, 2017, 6 AM MST
Trican Well Service Ltd. announced a capital program of $44 million for the first half of 2018.
December 11, 2017, 7:44 AM MST
Western Energy Services Corp. announced a 2018 capital expenditure budget of approximately $20 million, including capital spending carried forward from 2017 of approximately $2 million.
December 8, 2017, 6 AM MST
Ensign Energy Services Inc. announced a 2018 capital expenditure plan of $64 million, comprised of $43 million for capital maintenance on the fleet and $21 million of equipment and optimization upgrades to the current fleet.
December 8, 2017, 6 AM MST
Gibson Energy Inc. announced a 2018 growth capital expenditure budget in the range of $120 million to $150 million, with in excess of 90 per cent of investment directed towards sanctioned growth projects.
December 6, 2017, 6 AM MST
Calfrac Well Services Ltd.’s 2018 capital budget of approximately $132 million includes $104 million of maintenance capital, $22 million in refurbishment capital and $6 million in corporate initiatives.
December 6, 2017, 4:42 AM MST
Kinder Morgan Canada Limited expects to invest $1.9 billion in 2018 on expansion projects and other discretionary spending, of which $1.8 billion is associated with the Trans Mountain expansion project and the balance is associated with the Base Line Terminal.
December 5, 2017, 6 AM MST
Husky Energy Inc. today announced a capital budget of $2.9-$3.1 billion for next year, including $1-$1.1 billion in growth capital and $1.9-$2 billion in sustaining and corporate capital.
December 4, 2017, 11:04 AM MST
Precision Drilling Corporation announced a 2018 capital expenditure plan of $94 million, comprised of $62 million for maintenance and infrastructure and $32 million to upgrade existing rigs.
December 4, 2017, 4:24 AM MST
Pembina Pipeline Corporation’s board of directors has approved the development of its proposed liquefied petroleum gas (LPG) export terminal.
November 30, 2017, 3:51 AM MST
In announcing a strategy update on Wednesday, Enbridge Inc. says it identified $10 billion of non-core assets and intends to sell or monetize a minimum of $3 billion in 2018.
November 30, 2017, 10:26 AM MST
Cathedral Energy Services Ltd. saw substantial improvements to its financial results for Q3 2017, due to improvements in overall drilling activity in both Canada and the United States.
November 10, 2017, 11:17 AM MST
STEP Energy Services Ltd. has expanded its 2017 capital program by $15 million, bringing the revised capital program to $115 million.
November 8, 2017, 5:34 AM MST
Ensign Energy Services Inc. saw more demand for oilfield services in Q3 2017 with modest commodity price recovery compared to the third quarter of last year.
November 7, 2017, 8:36 AM MST
Ensign Energy Services Inc. has revised its net capital expenditures for 2017 to between $100 million and $105 million, compared to the previous estimate of $90 million to $95 million (DOB, Aug. 8, 2017).
November 6, 2017, 8:27 AM MST
What a difference a year makes.
November 2, 2017, 10:02 AM MDT
Earnings season got into full swing on Thursday, with several of the large Canadian producers and a key pressure pumper reporting third quarter results—and already there was some movement on the capital spending front.
October 27, 2017, 6 AM MDT
Due partly to better cost efficiencies, Husky Energy Inc. has cut its capital spending guidance for 2017 to the $2.2-$2.3 billion range.
October 26, 2017, 11:56 AM MDT
Continuing with a trend established earlier this year, in its first and second quarters, Calfrac Well Services Ltd. announced a boost in capital spending Thursday, as it released its third quarter results, with signs that the pressure pumping business has recovered from a two to three year downturn.
October 26, 2017, 7:59 AM MDT
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