Operators across Canada drilled 11.74 million metres of hole during the first 10 months of 2015.
November 17, 2015, 9:39 AM MST
TransCanada Corporation has its eyes on further investment in some of the emerging basins in the United States Mid-Continent and Gulf Coast where it already has a footprint with Keystone, says its president of liquids pipelines.
November 17, 2015, 11:54 AM MST
One of the foremost experts on Mexico’s oil and gas sector says Petróleos Mexicanos (Pemex), the country’s former monopoly oil and gas company, is like a body suffering from “cancer” and is unlikely to play the role in the country’s energy industry reform the government had hoped, paving the way for new entrants to dominate key areas of the industry.
November 17, 2015, 8:52 AM MST
Enbridge Inc. Northern Gateway and the project proponents, including Aboriginal equity partners, say they remain committed to the project despite Prime Minister Justin Trudeau’s plans to formalize a moratorium on crude oil tankers off the North Coast of British Columbia.
November 17, 2015, 8:53 AM MST
To the end of October, operators across Canada rig released 4,612 wells, off 50 per cent from a year ago when producers drilled 9,289 wells in the January-to-October period.
November 17, 2015, 9:37 AM MST
Support of the energy sector is often seen as being akin to climate change denial on university campuses, which is why the co-chair of Future of Canada’s Oil Sands (FoCOS) believes there must be a realignment of how young people perceive the oil and gas industry, because it can actually be seen as a climate change solution.
November 17, 2015, 8:51 AM MST
Wanted: Saskatchewan oil and gas assets.
November 17, 2015, 9:28 AM MST
November 17, 2015, 7:55 AM MST
November 17, 2015, 8:37 AM MST
November 17, 2015, 8:40 AM MST
November 17, 2015, 11:33 AM MST
The Honourable James Carr, the Minister of Natural Resources Canada, will attend and present the Keynote Opening address at the Energy Council's Canadian Energy Person of the Year award gala on November 25.
November 17, 2015, 6 AM MST
November 17, 2015, 8:01 AM MST
Lightstream Resources Ltd.’s semi-annual borrowing base redetermination of its secured termed credit facility has resulted in roughly $200 million in available liquidity based on Sept. 30, 2015 debt balances.
November 17, 2015, 8:50 AM MST
LGX Oil + Gas Inc. has entered into a new banking facility with the Alberta Treasury Branch consisting of a $30 million revolving demand credit facility.
November 17, 2015, 9:01 AM MST
November 17, 2015, 9:43 AM MST
Laricina Energy Ltd. announced that Jim Hand, chief operating officer and senior vice-president, has resigned from the company effective Nov. 12, 2015 to pursue other professional opportunities.
November 17, 2015, 9:36 AM MST
WPC Canada Hosting Ignite!, Nov. 19
November 17, 2015, 8:16 AM MST
November 17, 2015, 10:40 AM MST
Increase your success with energy industry teams and clients — learn their language with Oilpatch 101.
November 17, 2015, 6 AM MST
Tidewater Midstream and Infrastructure Ltd. says it continues to evaluate numerous acquisition and consolidation opportunities throughout Western Canada as well as export terminal opportunities.
November 17, 2015, 9:37 AM MST
November 17, 2015, 11:12 AM MST
November 17, 2015, 10:20 AM MST
Traverse Energy Ltd. says its initial exploration and development program for 2016 is estimated at $12 million — down from its original 2015 budget of $34 million and its later-revised budget of $15 million which was recently updated to about $11.5 million.
November 17, 2015, 10:10 AM MST
Questerre Energy Corporation says its capital investment will remain restricted for the next year to maintain financial flexibility, and at Kakwa this investment will be limited to drilling new wells as needed to sustain the company’s base of production.
November 17, 2015, 8:49 AM MST
Freehold Royalty Ltd.’s board has approved a 2016 capital budget of $15 million with a continuing focus on oil development on its mineral title lands.
November 17, 2015, 8:35 AM MST
Anderson Energy Inc. reports that third quarter production exceeded the higher end of the company’s earlier guidance of 1,800 to 2,000 boe per day.
November 17, 2015, 7:57 AM MST
Canadian Energy Services & Technology Corp. (CES) remains committed to growth despite an industry downturn that eroded profits by more than two-thirds in the third quarter (see table).
November 17, 2015, 8:36 AM MST
High Arctic Energy Services Inc. benefited from the deployment of three rigs in Papua New Guinea, a stronger U.S. dollar and stable Canadian utilization as it posted improved cash flow, earnings and revenue in the third quarter.
November 17, 2015, 8:47 AM MST
Hyduke Energy Services Inc. reported a net loss of $1.07 million for the third quarter versus a loss of $1.98 million in the same period last year.
November 17, 2015, 10:59 AM MST
November 17, 2015, 11:23 AM MST
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November 17, 2015, 10:39 AM MST
November 17, 2015, 10:23 AM MST
Dejiang (Martin) Feng has resigned from the board of directors of Sahara Energy Ltd.
November 17, 2015, 8:34 AM MST
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