Suncor Energy Inc. has launched a hostile all-stock bid to acquire Canadian Oil Sands Limited in a deal valued at $4.3 billion plus the assumption of $2.3 billion in debt.
October 5, 2015, 10:50 AM MDT
Suncor Energy Inc. announced today it is looking to buy Canadian Oil Sands Limited’s stake in Syncrude, which started producing as the second commercial oilsands mine in the world in 1978. Today’s infographic takes a look at Syncrude’s ownership history, and what it would look like going forward if the Suncor deal proceeds as planned.
October 5, 2015, 10:41 AM MDT
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In terms of western Canadian provinces, oil production in Manitoba is undoubtedly a much smaller case study than production in Alberta, British Columbia or neighbouring Saskatchewan. All of the province’s active wells as of August 31, 2015, are located in a small triangle of acreage located deep in Manitoba’s southwest corner on the border with Saskatchewan to the west and the United States to the south.
October 5, 2015, 10:55 AM MDT
Methane emissions from Canada’s oil and gas sector could be reduced by 45 per cent below projected 2020 levels using existing technologies, suggests a newly released analysis from ICF International.
October 5, 2015, 11:41 AM MDT
Royalty review community engagement sessions are taking place in Calgary and Edmonton this week.
October 5, 2015, 7:28 AM MDT
This course is designed to expose participants to all facets of workover operations on both engineering and practical levels.
October 5, 2015, 6 AM MDT
PAGE Compliance Ltd. is providing a practical course for stakeholders in the Canadian capital markets on the recent changes to oil and gas reserves and resources disclosure rules; how they affect disclosure and evaluation practice and what reporting issuers must do to remain compliant. The full-day course will be held on October 23rd, 2015, in Calgary.
October 5, 2015, 7:48 AM MDT
October 5, 2015, 8:06 AM MDT
The National Energy Board will hear oral traditional evidence from Aboriginal intervenors for the Energy East Project between Nov. 9 and Dec. 15, 2015.
October 5, 2015, 9:10 AM MDT
Over the past few decades, companies have realized the way products are brought to market — from sourcing parts and services, to manufacturing, to shipping and distribution — isn’t just a function of necessity but can actually be a source of competitive advantage. The Canadian Energy Supply Chain Forum will explore this further, taking on the perspective of Canadian energy producers. The event will take place Oct. 28, 2015, at the BMO Centre in Calgary, Alta.
October 5, 2015, 6 AM MDT
October 5, 2015, 8:03 AM MDT
Northern Spirit Resources Inc. says the rights issued by the company under its rights offering announced on Aug. 26, 2015, expire at 4:00 p.m. (Calgary time) on Oct. 8, 2015.
October 5, 2015, 9:34 AM MDT
Petromin Resources Ltd. says it has elected to participate in the completion of the Middle Ellerslie zone in the 11-35-39-28W4 well located in the Joffre field.
October 5, 2015, 9:24 AM MDT
Enterprise Group, Inc. has closed a non-brokered private placement of 6.18 million units of the company at a price of 40 cents per unit for gross proceeds of $2.473 million.
October 5, 2015, 8:51 AM MDT
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