In what has been a year of recovery — albeit 2017 is still young — the Alberta government attracted a solid $35.07 million in bonus bids at its Wednesday sale.
February 9, 2017, 7:06 AM MST
The Feb. 7, 2017 public offering of Crown petroleum and natural gas (P&NG) dispositions generated $1.73 million for Saskatchewan, an average of $307.26 per hectare.
February 9, 2017, 9:42 AM MST
Slower supply growth will bolster world oil prices this year, but accelerating production and slowing demand are expected to keep a lid on prices in 2018, says a Wood Mackenzie analyst.
February 9, 2017, 11:19 AM MST
Having turned the corner to profitability, nearing the end of a period of organic growth and winding down a multibillion program of divestments with no attractive merger or acquisition candidates in sight, Suncor Energy Inc. plans to allocate capital towards its dividend and buying back shares, a year-end conference call heard this morning.
February 9, 2017, 11:30 AM MST
MEG Energy Corp. plans to eventually increase production to 210,000 bbls per day and the company’s top official says the transportation of the new volumes will be secure whether or not Keystone XL eventually gets built.
February 9, 2017, 10:53 AM MST
While industry activity is still hampered by the overhang of lower producer budgets, stabilizing crude oil prices have led demand for drilling rigs to rise, according to Precision Drilling Corporation, which reported on its fourth quarter this morning.
February 9, 2017, 11:06 AM MST
February 9, 2017, 11:38 AM MST
Global LNG supplies are expected to grow strongly over the next 20 years, led by growth in the U.S. (19 bcf per day) and Australia (13 bcf per day), noted BP plc in its recent world energy outlook.
February 9, 2017, 8:42 AM MST
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February 9, 2017, 6 AM MST
Solomon and GPMi are pleased to announce a new, unique, annual service supporting Western Canada natural gas and NGL businesses.
February 9, 2017, 6 AM MST
Clearview Resources Ltd. has closed an acquisition of assets in the Wilson Creek area of Alberta for $11.36 million with an effective date of Dec. 1, 2016.
February 9, 2017, 6 AM MST
Birchcliff Energy Ltd., which is active in the Peace River Arch of Alberta, says it plans to drill 46 gross and net wells this year with a capital budget of $355 million which it expects to fund from internally generated cash flow.
February 9, 2017, 8:35 AM MST
ARC Resources Ltd. has approved an increase in its 2017 capital spending program to $750 million, up from the previous announcement of $665 million, (DOB, Nov. 11, 2016).
February 9, 2017, 10:27 AM MST
Chinook Energy Inc. announced a $40 million capital program for 2017 focusing on the development of liquids-rich natural gas at Birley/Umbach, British Columbia.
February 9, 2017, 6 AM MST
Surge Energy Inc. intends to increase its dividend from 7.5 cents per year to 8.5 cents per year effective March 15, 2017.
February 9, 2017, 6 AM MST
Pengrowth Energy Corporation announced that Margaret Byl has resigned her position as a director of the corporation for medical reasons effective immediately.
February 9, 2017, 1:50 PM MST
Oil & Gas Council will be returning to Calgary to host it’s Canada Assembly & Awards Dinner on June 1.
February 9, 2017, 6 AM MST
Seeking Partners for Light Oil Play
February 9, 2017, 6 AM MST
Total proved and probable reserves for Perpetual Energy Inc. were 61.3 million boe at Dec. 31, 2016, down 16.5 million boe from year-end 2015.
February 9, 2017, 7:44 AM MST
Pure Technologies Ltd.’s oil and gas pipeline integrity division, PureHM, has recently received purchase orders totalling over $3 million from U.S.-based pipeline companies for inspection work to be executed in the first half of 2017.
February 9, 2017, 3:35 AM MST
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February 9, 2017, 9:12 AM MST
RMP Energy Inc. announced that Doug Baker has retired from the board of directors of RMP, citing health and family reasons.
February 9, 2017, 7:15 AM MST
Renaissance Oil Corp. has closed the previously announced acquisition of the 25 per cent interest in the Integrated Exploration and Production Contract for the Amatitlan block in Veracruz.
February 9, 2017, 7:30 AM MST
Questerre Energy Corporation intends to complete a private placement directed towards Norwegian and international institutional investors.
February 9, 2017, 9:02 AM MST
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