Producers across Canada drilled 414 wells during November, down 61 per cent compared to 1,074 wells rig released a year ago.
December 16, 2015, 8:36 AM MST
Vancouver-based Renaissance Oil Corp. was a big winner in bidding for oil and gas blocks held yesterday in Mexico City, as the National Hydrocarbon Commission (CNH) conducted the first sale of producing land-based assets.
December 16, 2015, 10:43 AM MST
The end of the two-year regulatory process is in sight for Kinder Morgan Canada Inc.’s proposed Trans Mountain Pipeline ULC expansion as the company is set to make its final argument to the National Energy Board Thursday in Calgary.
December 16, 2015, 8:46 AM MST
n November 2015, estimated production from Canada’s oilsands reached 2.5 million bbls per day of crude oil and equivalent, representing 60 per cent of the country’s total oil production of 4.1 million bbls per day, according to the National Energy Board (NEB).
December 16, 2015, 8:29 AM MST
The Daily Oil Bulletin will publish the following dates over the upcoming holiday season:
December 16, 2015, 8:15 AM MST
In response to the downward pressure on commodity prices, Whitecap Resources Inc. has reduced its 2016 capital program by 27 per cent to $150 million from $205 million previously announced in November, and given the rapid decline in commodity prices, this was a prudent move, said the company’s president and chief executive.
December 16, 2015, 9:46 AM MST
In these difficult times management must be creative in finding ways to ensure the best possible health of their business.
December 16, 2015, 6 AM MST
A Calgary based producer has a newly fabricated modular 60 MMscf/d Propak Amine Plant for sale. The plant has been fabricated and has not been installed.
December 16, 2015, 6 AM MST
December 16, 2015, 8:12 AM MST
December 16, 2015, 9:37 AM MST
December 16, 2015, 11:28 AM MST
Strategic Oil & Gas Ltd. approved a capital budget of $11 million for the first half of 2016.
December 16, 2015, 8:18 AM MST
Western Energy Services Corp. will cut 2016 spending by more than half to $18 million.
December 16, 2015, 9:45 AM MST
Natural gas-weighted Advantage Oil & Gas Ltd. has set a 2016 capital budget of $120 million.
December 16, 2015, 10:18 AM MST
Millennium Stimulation Services Ltd. has successfully completed its first waterless hydraulic fracturing project using the company's patented Energized Natural Gas (ENG) process.
December 16, 2015, 9:44 AM MST
December 16, 2015, 9:50 AM MST
LandSolutions LP has appointed David Collyer to its advisory board.
December 16, 2015, 8:17 AM MST
December 16, 2015, 10:47 AM MST
December 16, 2015, 10:55 AM MST
December 16, 2015, 10:55 AM MST
Canadian Natural Resources Limited and PrairieSky Royalty Ltd. have completed the previously announced combination of their royalty businesses, unifying two of the largest fee simple mineral title and royalty positions in Western Canada.
December 16, 2015, 12:28 PM MST
Peyto Exploration & Development Corp. has renewed and extended its syndicated $1 billion revolving credit facility with a new stated term date of Dec. 4, 2019.
December 16, 2015, 8:14 AM MST
Leucrotta Exploration Inc.’s first delineation Montney well in the greater Dawson area tested at a rate of 6.8 mmcf per day of natural gas plus 160 bbls per day of condensate for a combined rate of 1,290 boe per day.
December 16, 2015, 8:47 AM MST
Emerald Bay Energy Inc. is proposing a private placement offering of up to $1 million to a maximum of 50 million common shares of the company.
December 16, 2015, 11:07 AM MST
Connacher Oil and Gas Limited has exercised its right to defer an interest-related cash payment due at year-end.
December 16, 2015, 11:08 AM MST
Logan International Inc. has entered into an agreement with its lenders to make certain amendments to its credit agreement.
December 16, 2015, 11:09 AM MST
December 16, 2015, 11:13 AM MST
December 16, 2015, 9:48 AM MST
December 16, 2015, 9:48 AM MST
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