Both natural gas and crude oil prices continued to improve in June, although the light-heavy differential widened slightly as oilsands production, which had been shut-in due to the massive wildfire in the Fort McMurray area, gradually came back on.
July 5, 2016, 11:34 AM MDT
July 5, 2016, 11:36 AM MDT
If I had to lay odds on which E&P powerhouse is going to secure the sector’s next major corporate acquisition I’d start by examining their ability to absorb substantial levels of debt while still keeping debt-to-capital ratios in balance.
July 5, 2016, 10:28 AM MDT
Three fossil fuels—petroleum, natural gas, and coal—have provided more than 80 per cent of total U.S. energy consumption for more than 100 years. In 2015, fossil fuels made up 81.5 per cent of total U.S. energy consumption, the lowest fossil fuel share in the past century. In the Energy Information Administration (EIA) Annual Energy Outlook 2016 Reference Case projections, which reflect current laws and policies, that percentage declines to 76.6 per cent by 2040. Policy changes or technology breakthroughs that go beyond the trend improvements included in the Reference Case could significantly change that projection.
July 5, 2016, 7:23 AM MDT
July 5, 2016, 7:27 AM MDT
July 5, 2016, 10:23 AM MDT
The Canada‐Newfoundland and Labrador Offshore Petroleum Board (C‐NLOPB) has identified the first sectors in the North Eastern Newfoundland (NEN) and Southern Newfoundland (SN) Regions, within which interested parties will be given the opportunity to nominate parcels in 2019.
July 5, 2016, 11:44 AM MDT
A safe rig or worksite with workers outfitted in compliant FR PPE can reduce injuries, decrease business interruptions and improve productivity.
July 5, 2016, 6 AM MDT
Cathedral Energy Services Ltd. is currently in discussions with The Bank of Nova Scotia and National Bank of Canada regarding proposed amendments to its credit facility.
July 5, 2016, 6 AM MDT
Questfire Energy Corp. announced that the company and its syndicate of lenders have agreed to defer the semi-annual borrowing base redetermination under its credit facilities from June 30, 2016 to Aug. 15, 2016, which is being effected together with various other amendments to such facility, including amendments to the financial covenants.
July 5, 2016, 6 AM MDT
Rodeo lovers and seekers of unforgettable experiences are invited to saddle up and mosey on down to the 2nd Annual CowTown Rodeo (www.cowtown-rodeo.ca ) on July 8 at Girletz Ranch.
July 5, 2016, 11:11 AM MDT
July 5, 2016, 8:53 AM MDT
July 5, 2016, 9:40 AM MDT
July 5, 2016, 8:54 AM MDT
Value Creation Inc. announced the filing of an amendment application with the Alberta Energy Regulator (AER) on June 17, 2016 (Application No. 1861615), to add its proprietary Clean Oil Refining Units (CORe) at its approved Heartland Upgrader Project (HUP), located at Strathcona County, within the Alberta Industrial Heartland.
July 5, 2016, 9:19 AM MDT
July 5, 2016, 9:56 AM MDT
Wood Group has signed a collaborative agreement with the Canadian technology company Librestream Technologies.
July 5, 2016, 8:06 AM MDT
Xtreme Drilling and Coil Services Corp.’s planned name change to Xtreme Drilling Corp. is now complete.
July 5, 2016, 6 AM MDT
Point Loma Resources Ltd. will begin trading as PLX on the TSX Venture Exchange beginning July 5, 2016.
July 5, 2016, 3:33 AM MDT
July 5, 2016, 9:41 AM MDT
July 5, 2016, 8:35 AM MDT
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July 5, 2016, 8:39 AM MDT
Bonavista Energy Corporation announced an increase to the exchange ratio of its exchangeable shares from 1.42129 to 1.42573.
July 5, 2016, 6 AM MDT
July 5, 2016, 7:39 AM MDT
July 5, 2016, 7:54 AM MDT
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