Based on current demand, Ensign Energy Services Inc. is expecting no significant movement in drilling rig day rates in Canada for the rest of the year, company executives said on Tuesday.
August 9, 2017, 9:43 AM MDT
August 9, 2017, 5:41 AM MDT
Weathering cancellation of an earth-moving contract in the second quarter, heavy construction and hauling firm North American Energy Partners Inc. nonetheless doubled revenue in the period, management said this week.
August 8, 2017, 12 AM MDT
Source Energy Services Ltd. substantially increased its sand volumes during Q2 2017 — the quarter in which the company priced its initial public offering.
August 4, 2017, 8:49 AM MDT
Reflecting greater activity levels across all of its operating segments, PHX Energy generated higher revenue and reduced losses in both the second quarter and first half of 2017.
August 4, 2017, 10:48 AM MDT
As it rolls out a new, high-spec drilling rigs, Xtreme Drilling Corp. is putting eight other, lower-spec rigs up for sale, leaving the company with 10 available rigs in the North American market.
August 4, 2017, 11:32 AM MDT
Construction will begin this summer on spreads in Alberta, Saskatchewan and Wisconsin for Enbridge Inc.’s Line 3 replacement project, which is expected to come into service in the second half of 2019, says the company.
August 3, 2017, 11:18 AM MDT
Alliance Pipeline anticipates launching a binding open season for a potential 500 mmcf per day capacity expansion through additional compression by the first half of 2018, with a target in-service date in late 2020, says Veresen Inc.
August 3, 2017, 12 AM MDT
In Q2 2017, CWC Energy Services Corp. continued to experience strong utilization despite renewed uncertainty of future crude oil and natural gas prices.
August 3, 2017, 12 AM MDT
A busier drilling climate on both sides of the Canada-U.S. border drove increased activity for Trinidad Drilling Ltd. in the second quarter and first half, the company said today.
August 2, 2017, 11:21 AM MDT
“Skill and luck” are the reasons why Pembina Pipeline Corporation has largely invested in growth areas such as the Montney and Duvernay, and why the company is currently less invested in the oilsands, says top brass.
August 2, 2017, 11:06 AM MDT
Gibson Energy Inc. says it plans to sell off its United States environmental services business by the end of the fiscal year as it focuses on infrastructure assets, including continued crude oil infrastructure investment.
August 2, 2017, 7:46 AM MDT
Secure Energy Services Inc. completed of the acquisition of Ceiba Energy Services Inc.
August 2, 2017, 12 AM MDT
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