Activity for High Arctic Energy Services Inc.’s Canadian operations steadily improved through 2017 with this trend continuing into 2018, with operating hours for its Concord rigs up seven per cent quarter to date in 2018 versus the first quarter of 2017.
March 12, 2018, 7:13 AM MDT
Total Energy Services Inc. has increased its 2018 capital expenditure budget by $15 million to support the continued growth of its compression rental fleet.
March 9, 2018, 10:24 AM MST
Stronger industry activity and fewer competitors are needed to support price increases, says the president and CEO of Essential Energy Services Ltd.
March 9, 2018, 2:57 AM MST
Overall industry activity in Canada is expected to remain fairly flat with similar or fewer days than in 2017, a senior executive with Ensign Energy Services Inc. said Monday.
March 6, 2018, 2:55 AM MST
The United States is expected to provide a better market than Canada for Ensign Energy Services Inc. operations this year, the company said today in reporting 2017 full year results.
March 5, 2018, 10:50 AM MST
Strad Energy Services Ltd. achieved improved year-over-year financial results in 2017, as the company kept investing in its matting fleet in preparation for expected continued strong demand in 2018.
March 2, 2018, 10:31 AM MST
PHX Energy Services Corp. expects $10.5 million in capital will be spent in 2018.
March 2, 2018, 11:52 AM MST
Seismic data library sales for Pulse Seismic Inc. increased by 204 per cent year-over-year to $43.5 million in 2017 from $14.3 million in 2016.
March 2, 2018, 6:22 AM MST
Secure Energy Services Inc.’s fourth quarter 2017 revenues rose 48 per cent year-over-year as conditions facing the oil and gas sector showed signs of a modest rebound on the back of rising, more stable crude oil prices.
March 2, 2018, 8:31 AM MST
CES Energy Solutions Corp. (CES) generated record annual revenue of $1.03 billion in 2017, well above revenue of $567.73 million in 2016 and eclipsing the previous record of $972.7 million in 2014.
March 2, 2018, 10:12 AM MST
Pason Systems Inc. generated consolidated revenue of $66.2 million in the fourth quarter of 2017, up 36 per cent from $48.8 million in the same period of 2016.
February 28, 2018, 6 AM MST
Trinidad Drilling Ltd. continues to benefit from improved profitability in its U.S. and international operations — a segment that brought improved industry conditions for the company in Q4 2017, and a segment that remains a focus in 2018.
February 27, 2018, 11:21 AM MST
Pembina Pipeline Corporation made “transformational strides” in 2017 — diversifying its business with the largest acquisition in the company’s history while placing $4.8 billion of projects into service — and the company is looking forward to a promising year ahead.
February 23, 2018, 10:46 AM MST
Western Energy Services Corp.’s fourth quarter revenues spiked 47 per cent to $66.52 million from $45.13 million a year earlier and the company expects continued momentum leading into spring breakup.
February 23, 2018, 6 AM MST
Trican Well Service Ltd.’s fourth quarter and year-end 2017 results improved dramatically from the same period in 2016 as higher activity levels, the acquisition of Canyon Services Group Inc. and significantly improved prices pumped up the bottom line.
February 22, 2018, 11:40 AM MST
With some cash-strapped producers looking to unload infrastructure in an effort to raise money for drilling programs, Keyera Corporation could potentially be an acquirer of some assets if the fit is right.
February 16, 2018, 10:14 AM MST
Enbridge Inc. says it achieved record deliveries of 2.733 million bbls/d of crude oil ex-Gretna on its Mainline in December 2017 due to a combination of growing WCSB supply and strong refinery demand.
February 16, 2018, 11:28 AM MST
Inter Pipeline Ltd. is definitely receiving increased interest from varies parties in the Heartland Petrochemical Complex since the company sanctioned its $3.5 billion construction in December.
February 16, 2018, 11:01 AM MST
TransCanada Corporation says it will move forward with a $2.4 billion expansion of its NGTL system to connect incremental supply and expand basin export capacity by one bcf/d of gas at the interconnection with its Canadian Mainline.
February 15, 2018, 10:22 AM MST
Precision Drilling Corporation expects day-rate stability across Canada in 2018 for its AC Super Triples, with particular strength in the Deep Basin, as Canadian drilling activity is largely flat so far this year when compared to the same point last year.
February 15, 2018, 9:46 AM MST
Teck Resources Ltd. says it has shipping agreements on the existing Keystone pipeline, and has also contracted bbls on the Trans Mountain expansion.
February 14, 2018, 3:42 AM MST
Mullen Group Ltd. is seeing more activity from its customers on bidding and revisting previous bids in relation to the LNG Canada project, says the company’s chief executive.
February 9, 2018, 3:43 AM MST
For 2018, based on current market conditions, NCS Multistage Holdings, Inc. expects consolidated revenue to climb by 35 to 45 per cent from 2017.
February 6, 2018, 6 AM MST
Kinder Morgan Canada Limited says the in-service date of the Trans Mountain pipeline expansion project will be delayed further and now projects a December 2020 start-up as further permitting delays prolong the start of full-on construction.
January 18, 2018, 10:56 AM MST
MATRRIX Energy Technologies Inc. reported revenue of $1.94 million for the third quarter, up from $268,000 the previous year.
November 20, 2017, 6 AM MST