Horizon North Logistics Inc. narrowed its loss to $3 million (two cents per diluted share) in the second quarter versus $8 million (six cents a share) in the same period last year.
August 2, 2017, 9:16 AM MDT
One of Canada’s top drillers is boosting capital spending thanks to a rising tide of North American activity that pushed revenue in the second quarter two-thirds above last year’s comparable level.
July 31, 2017, 11:10 AM MDT
AKITA Drilling Ltd. reported a second quarter net loss of $4.49 million compared to a net loss of $4.06 million for the same period last year.
July 31, 2017, 9:52 AM MDT
TransCanada Corporation says it will apply to the National Energy Board (NEB)to expand the capacity of the Canadian Mainline System through its Maple compressor station near Vaughan, Ontario to move an additional approximately 80 mmcf per day of gas.
July 28, 2017, 10:17 AM MDT
Higher producer spending and rising demand for rigs has led Western Energy Services Corp. to boost capital spending to $20 million from $13 million, the company said as it released second-quarter results late Wednesday.
July 27, 2017, 10:16 AM MDT
As Mullen Group Ltd. released second-quarter results Tuesday, the company’s chief executive said the huge capital projects that were formerly typical of Western Canada’s oilsands sector are “endangered.”
July 26, 2017, 12 AM MDT
Responding to a resurgence in industry activity, one of Canada’s remaining pressure-pumping contractors is boosting capital spending to $65 million from $45 million, the company said today.
July 26, 2017, 10:20 AM MDT
Husky Energy Inc. posted a $93 million net loss in the second quarter of 2017, down from a loss of $196 million a year earlier, as the company booked $123 million in asset impairments, net of tax, partially offset by a $23 million gain on asset sales, net of tax.
July 21, 2017, 9:17 AM MDT
Kinder Morgan Canada Limited (KML) has initiated its first pipeline order and expects to finalize contracts with its general contractor by mid-August in preparation for a September 2017 start on its $7.4 billion Trans Mountain pipeline expansion, company officials said Wednesday.
July 20, 2017, 8:05 AM MDT
Vancouver-based Hanwei Energy Services Corp. posted a loss of $5.28 million for the year ended March 31, 2017, compared to a loss of $13.62 million in the 2016 period.
June 22, 2017, 11:07 AM MDT
As industry activity picks up, Aveda Transportation and Energy Services Inc. is not having trouble finding people to hire so much as it is finding it hard to find “the right people,” says top brass.
May 18, 2017, 6 AM MDT
Canadian Energy Services & Technology Corp. posted stronger results for the first quarter of 2017, reflecting the improvement in commodity prices that has led to a rebound in activity in the oil and gas industry.
May 18, 2017, 6 AM MDT
In its first results report as a public company, NCS Multistage Holdings, Inc. said its first quarter revenues increased 154 per cent to $58.6 million from $35.5 million for the comparable period in 2016.
May 17, 2017, 9:22 AM MDT
Bri-Chem Corp. generated consolidated revenue of $33.9 million, an increase of 129 per cent from the first quarter in 2016, resulting primarily from higher business activity levels throughout North America.
May 16, 2017, 6 AM MDT
Strad Energy Services Ltd.’s first quarter 2017 revenues soared 81 per cent to $27.66 million compared to $15.26 million during the same period last year.
May 15, 2017, 6 AM MDT
May 15, 2017, 10:27 AM MDT
Cathedral Energy Services Ltd.’s first quarter revenues increased 105 per cent to $38.32 million from $18.74 million during the same period last year.
May 12, 2017, 10:08 AM MDT
A $1 billion expansion on Enbridge Inc.’s recently-acquired British Columbia natural gas Mainline system could come into service by late 2020, assuming a successful open season, the company said today in announcing first quarter 2017 financial results.
May 11, 2017, 9:40 AM MDT
High Arctic Energy Services Inc.’s expanded Canadian operations combined with its ongoing contractual drilling activity in Papua New Guinea (PNG) positively contributed to the company’s financial results during the quarter.
May 11, 2017, 6 AM MDT
Trinidad Drilling Ltd. is responding quickly to customer demand and increasing activity levels, as the company reactivated rigs in both Canada and the U.S. in Q1, as well as began an upgrade program on existing equipment to meet ongoing demand, particularly for its American operations.
May 10, 2017, 10:11 AM MDT
As an industry recovery continues to take shape, Western Canada’s oilfield service firms will be challenged to bring back workers who left the sector during the downturn, the chief executive of Total Energy Services Inc. said this morning.
May 10, 2017, 11:02 AM MDT
Keyera Corp.’s chief executive says he hopes that within the next few weeks the first phase of the proposed Wapiti sour gas gathering and processing project will get the green light from its primary customer.
May 10, 2017, 4:35 AM MDT
Inter Pipeline Ltd. is still on track to make a final investment decision this summer on its $3.1 billion integrated propane dehydrogenation (PDH) and polypropylene complex, shareholders heard Monday.
May 9, 2017, 3:17 AM MDT
Gibson Energy Inc. continued to deploy capital into infrastructure in the first quarter, increasing volumes at its Hardisty and Edmonton terminals.
May 9, 2017, 9:29 AM MDT
Although a concern to Western Canada’s oil and gas producers, slipping crude oil prices are not the only issue, the chief operating officer of Ensign Energy Services Inc. said on Friday.
May 8, 2017, 11:29 AM MDT