The Alberta Energy Regulator (AER) is responding to a Nexen Energy ULC pipeline failure at the company’s Long Lake oilsands facility, approximately 36 kilometres southeast of Fort McMurray.
July 16, 2015, 2:48 PM MDT
Gas well completions in Western Canada — for both development and exploratory wells — declined to 764 to the end of June from 958 in the first half of 2014, but as a percentage of the total (oil, gas or dry wells) rose to 31.6 per cent from 21.5 per cent a year ago.
July 16, 2015, 10:34 AM MDT
The National Energy Board (NEB) released a routine audit of Enbridge Pipelines Inc.’s NEB-regulated facilities and concluded that “the company continues to operate safely.”
July 16, 2015, 10:52 AM MDT
Although the head of Mexico’s National Hydrocarbon Commission (CNH) tried to hide his disappointment Wednesday, after only two of 14 offshore oil and gas blocks were awarded in the historic Round One of six bidding rounds that will end the monopoly of Petroleos Mexicanos (Pemex) over petroleum development in the country, a critic of the reform says the auction results don’t bode well for the future.
July 16, 2015, 11:20 AM MDT
July 16, 2015, 12:03 PM MDT
Operators working in Alberta completed 607 gas wells in the first half of 2015 (excluding experimental wells), off slightly from last year’s 638 gas well completions.
July 16, 2015, 10:38 AM MDT
Woodside Petroleum Limited says that the Kitimat joint venture began the drilling of three appraisal wells in the Liard Basin during the second quarter.
July 16, 2015, 9:19 AM MDT
Xtreme Drilling and Coil Services says it had total operating days of 1,451 in the second quarter of 2015, which resulted in a utilization rate of 57 per cent for the fleet of 21 XDR drilling rigs and nine XSR coiled tubing units.
July 16, 2015, 11:57 AM MDT
July 16, 2015, 11:40 AM MDT
Pursuant to an order of the Court of Queen’s Bench of Alberta (the “Court”) made June 16, 2015, KPMG Inc. in its capacity as Court-appointed receiver (the “Receiver”) of Ivanhoe Energy Inc. (“Ivanhoe” or the “Company”), is soliciting written proposals for the acquisition of the Company’s assets and/or shares, in accordance with a sale and investor solicitation process approved by the Court on July 13, 2015,either en bloc or parts thereof.
July 16, 2015, 6:53 AM MDT
Largest undrilled geological structure in Eastern Canada, seismically defined structure with 43,500 acres (67 square miles) created by Rollover (ABBA Prospect)
July 16, 2015, 6 AM MDT
July 16, 2015, 9:24 AM MDT
Canamax Energy Ltd. has closed the previously announced acquisition of certain assets in Alberta from an intermediate oil and gas company.
July 16, 2015, 11:48 AM MDT
Black Diamond Group Limited announced Wednesday its binding agreement to sell the company’s Construction Services Operation to Northern Frontier Corp. for total consideration of $9.8 million.
July 16, 2015, 8:43 AM MDT
Cathedral Energy Services Ltd. has officially released three product enhancements to its proprietary Fusion measurement-while-drilling technology platform.
July 16, 2015, 10:46 AM MDT
Maple Leaf Funds is a non-competitive, non-industry boutique investment banking firm.
July 16, 2015, 6 AM MDT
Donald Fowlis, chief financial officer of Gibson Energy Inc., has informed the company of his intent to retire in the first half of 2016, completing a 23 year career with Gibsons.
July 16, 2015, 8:05 AM MDT
Storm Resources Ltd. has closed the disposition of properties in the Grande Prairie area of northwest Alberta (DOB, June 1, 2015).
July 16, 2015, 7:47 AM MDT
Quattro Exploration and Production Ltd. says it has increased its proved plus probable (2P) reserves to 8.03 million boe as of June 30, 2015, including the closing of all previously announced acquisitions.
July 16, 2015, 9:56 AM MDT
Junex Inc. reports the Foragaz No. 4 drilling rig is now installed in preparation for the drilling of the Junex Galt No. 5 horizontal well, which will spud next week.
July 16, 2015, 10:13 AM MDT
Hawk Exploration Ltd. announced that following the annual review by the company’s lender, its credit facility has been amended to $11 million, down from the previous credit facility of $13.5 million.
July 16, 2015, 11:36 AM MDT
July 16, 2015, 9:26 AM MDT
Kinder Morgan, Inc.’s board of directors authorized KMI’s subsidiary, Tennessee Gas Pipeline Company (TGP), to proceed with TGP's Northeast Energy Direct (NED) project's “market path” segment from Wright, N.Y., to Dracut, Mass., a $3.3-billion investment designed to serve natural gas utilities and electricity generation customers in New England.
July 16, 2015, 10:38 AM MDT
July 16, 2015, 11:35 AM MDT
High North Resources Ltd. announces the completion of the plan of arrangement under the Business Corporations Act with holders of its 12 per cent convertible unsecured subordinated debentures.
July 16, 2015, 8:12 AM MDT
July 16, 2015, 11:34 AM MDT
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