Enbridge Inc. will be setting its sights on obtaining support for Northern Gateway from British Columbia Coastal First Nations who have been among the strongest opponents of the oilsands pipeline, says the company’s chief executive.
May 13, 2016, 6 AM MDT
With an alignment of support and encouragement from banks, boards, management and shareholders, the industry has entered a mergers-and-acquisition cycle, which Chinook Energy Inc. intends to capitalize on as it grows and strengthens its Montney presence, says top brass.
May 13, 2016, 9:53 AM MDT
Amid talk of the AECO natural gas price going to zero, gas-weighted Birchcliff Energy Ltd. boasted record quarterly production for Q1.
May 13, 2016, 6 AM MDT
After a year of severe cutbacks western Canadian oil and gas supply costs are coming down, making production more competitive on a global basis, according to the just released CanOils Canadian Energy Producers Benchmarking Study.
May 13, 2016, 7:56 AM MDT
Operators across Canada spud 1,610 wells in the January-to-April period this year (including test/observation wells), a decrease of 38 per cent from a year ago.
May 13, 2016, 9:26 AM MDT
Bellatrix Exploration Ltd. has entered into an agreement to sell certain production facilities to a third party for cash proceeds of $75 million and will use the cash influx to further pay down debt as it awaits the results of its spring lending review.
May 13, 2016, 11:18 AM MDT
Total Energy Services Inc.’s top executive says the challenges facing the energy industry have led to a “dysfunctional energy services marketplace” and will likely result in further attrition in the service sector ranks.
May 13, 2016, 6 AM MDT
While many companies are coping with the energy industry slump by downsizing and eliminating or cutting their dividends, Pembina Pipeline Corporation is expanding and it continues to raise its dividend, the company’s annual general meeting heard on Thursday.
May 13, 2016, 10:49 AM MDT
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May 13, 2016, 6 AM MDT
Jesse Curlett, VP of operations at Horizon Oilfield Solutions Inc. (HOS), left the company's Calgary offices on Saturday, May 7, and headed up to Fort McMurray.
May 13, 2016, 8:48 AM MDT
While cutting debt and narrowing its net loss in the first quarter, Petrus Resources Ltd. saw average daily production in the period fall 5.5 per cent from comparable 2015 figures.
May 13, 2016, 9:57 AM MDT
Twin Butte Energy Ltd. realized negative funds flow of $3 million in the first quarter as compared to positive funds flow of $55.4 million one year ago.
May 13, 2016, 7:45 AM MDT
Renaissance Oil Corp. has executed 25-year license contracts with the Comisión Nacional de Hidrocarburos (CNH) for the Mundo Nuevo, Topén and Malva blocks, located in Chiapas, Mexico which were awarded to the company in the December 2015 “mature fields” auction.
May 13, 2016, 7:18 AM MDT
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May 13, 2016, 8:09 AM MDT
Based on the success of the 2015/16 optimization strategy, Corridor Resources Inc. is once again evaluating the possibility of extended shut-in periods during the summer and fall of 2016.
May 13, 2016, 10:29 AM MDT
In the first quarter of 2016, one of the lowest commodity price quarters for both crude oil and natural gas in many years, Surge Energy Inc. management continued to focus on disciplined, conservative balance sheet management, and corporate cost cutting initiatives.
May 13, 2016, 6 AM MDT
During the first quarter of 2016 Rock Energy Inc. focused on maintaining its balance sheet and capital spending was limited to essential activities to preserve the value of the asset base.
May 13, 2016, 6 AM MDT
Questerre Energy Corporation’s capital investment in Q1 declined by just under 50 per cent from $8.2 million last year to $4.2 million in 2016.
May 13, 2016, 9:27 AM MDT
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