Gear Energy Ltd. has closed the acquisition of heavy oil assets focused near the company’s core producing areas of Wildmere in Alberta and Maidstone in Saskatchewan for $85 million, subject to post-closing adjustments.
May 1, 2014, 7:26 AM MDT
Invest in this year’s playbook for the Canadian heavy oil and oilsands sector.
April 22, 2014, 6 AM MDT
The Alberta Energy Regulator has accepted all the recommendations within its jurisdiction of an independent panel that conducted a hearing into odours and emissions from cold heavy oil production with sand (CHOPS) operations in the Peace River area.
April 16, 2014, 10:57 AM MDT
CO2 Solutions Inc. will install and operate a pilot unit capturing about 15 tonnes of carbon dioxide per day on a once-through steam generator at Husky Energy Inc.’s Pikes Peak South heavy oil project near Lloydminster, Sask.
April 16, 2014, 9:38 AM MDT
April 16, 2014, 9:46 AM MDT
Edge Resources Inc. says production from its newest CHOPS oil wells (cold heavy oil production with sand) continues to increase and the company’s total oil production is currently over 400 bbls of oil per day.
April 9, 2014, 9:28 AM MDT
Century Energy Ltd. says that it has sold the Vawn heavy oil assets, subject to shareholder and regulatory approval.
April 9, 2014, 9:26 AM MDT
The Alberta Energy Regulator will provide a formal response by April 15, 2015,to the report of a four-member panel that conducted a proceeding into odours and emissions from heavy oil operations in the Peace River area of northwestern Alberta.
April 1, 2014, 10:30 AM MDT
The Innovation Saskatchewan board of directors has approved $1.9 million in research and development funding for the 2013-14 fiscal year to develop enhanced oil recovery (EOR) technologies in heavy oil fields.
March 7, 2014, 10:02 AM MST
Aroway Energy Inc. says it has executed a farm-out agreement with two private companies that will jointly construct and install a water disposal facility to service its owned and operated West Hazel heavy oil property in western Saskatchewan.
February 24, 2014, 8:05 AM MST
Calgary based public heavy oil and gas exploration and production company is seeking a highly qualified Operations Technician. Candidates should have operations technician experience spanning varied projects to add to our department’s capabilities.
February 13, 2014, 6 AM MST
February 12, 2014, 11:35 AM MST
Husky Energy Inc. has sanctioned a new project at its Lima refinery in Ohio to allow for the processing of up to 40,000 bbls a day of heavy crude from Western Canada, starting in 2017.
February 3, 2014, 8:36 AM MST
Baytex Energy Ltd. will install equipment to capture emissions from above-ground tanks at its cold heavy oil production with sand (CHOPS) operations at the Reno field near Peace River, a public hearing heard Wednesday.
January 23, 2014, 10:58 AM MST
Residents in the Peace River oilsands who for years have been raising concerns about odours and emissions associated mainly with cold heavy oil operations (CHOP) will have an opportunity to be heard by the Alberta Energy Regulator later this month.
January 9, 2014, 10:12 AM MST
Husky Energy Inc. has sanctioned two more SAGD projects in Saskatchewan, which will bring its total thermal oil output in the Lloydminster region to about 55,000 bbls a day in 2016.
January 9, 2014, 8:22 AM MST
Heavy oil-weighted Baytex Energy Corp. has an optimistic outlook for 2014 and is looking to grow production to the 60,000 to 62,000 boe per day range.
January 9, 2014, 8:37 AM MST
Average production for 2013 is now forecast at approximately 2,330 bbls of oil equivalent per day, representing a four per cent downward revision from the previous forecast, says Palliser Oil & Gas Corporation.
December 23, 2013, 12 PM MST
Pacific Rubiales Energy Corp. announced the successful results of the first production tests in the CPE-6-1X exploration well and the CPE-6-H2 appraisal well, two new wells drilled during December in the CPE-6 Block in the Eastern Llanos Basin, onshore Colombia.
December 23, 2013, 12 PM MST
Cutting the carbon intensity of Alberta's heavy oil could open new markets abroad, the head of the company proposing a major East Coast marine terminal for that purpose said in Calgary yesterday.
October 17, 2013, 12 PM MDT
Baytex Energy Corp. continues to advance its heavy oil cyclic steam stimulation (CSS) enhanced recovery project at Cliffdale in the Peace River area and the company remains on track for first steam at its second module to occur during the first half of 2014.
October 17, 2013, 12 PM MDT
Toronto-based Pacific Rubiales Energy Corp. says the Colombian patent authority has granted it a patent for its proprietary Synchronized Thermal Additional Recovery (STAR) enhanced oil recovery technology.
October 8, 2013, 12 PM MDT
Calgary-based Bayshore Petroleum Corp. says that it has entered into a management contract with TianAn (Canada) Energy Technology Investment Co. Ltd. to construct and build the first pilot heavy oil upgrader using a proprietary low temperature catalytic cracking (CCC) technology.
October 4, 2013, 12 PM MDT
The West Coast, including California and the Pacific Northwest, offers promising new opportunities for Canadian producers moving crude-by-rail where pipeline capacity is tight or non-existent, says a junior oilsands executive.
September 20, 2013, 12 PM MDT
(Reuters) -- Husky Energy Inc., Canada's No. 3 integrated oil company, will proceed with a $300 million plan that will let its 160,000 bbl-per-day refinery at Lima, Ohio, process up to 40,000 bbls per day of Canadian heavy crude by 2017, according to a media report on Tuesday.
September 11, 2013, 12 PM MDT