New well permitting over the first two months of the year is at a three-year high, according to Daily Oil Bulletin records, powered by big year-over-year increase in Saskatchewan licences.
March 10, 2017, 8:37 AM MST
Crescent Point Energy Corp. was the top licensee of new wells over the first two months of 2017.
March 10, 2017, 8:35 AM MST
Federal Environment and Climate Change Minister Catherine McKenna had a simple message for a Calgary business audience Thursday: climate action is the competitive advantage to the country.
March 10, 2017, 4:57 AM MST
Canadian Prime Minister Justin Trudeau Thursday assured an international energy industry audience, including a number of Canadians, that his government’s environmental policies which include a carbon tax are not a repeat of the reviled National Energy Program (NEP) of his father, Pierre Trudeau.
March 10, 2017, 10:27 AM MST
Most of the highly skilled and experienced field personnel have been rehired and it will take time to recruit and train new personnel as activity levels continue to rise, says a service company CEO.
March 10, 2017, 4:58 AM MST
Debt-free Xtreme Drilling Corp. says that, thanks largely to the sale of its coiled-tubing division, it has the cash reserves to upgrade its fleet and financial flexibility just as commodity prices — and, in turn, the Canadian and United States land-drilling market — show signs of improvement.
March 10, 2017, 4:58 AM MST
Canadian Natural Resources Limited’s $12.74 billion purchase of Athabasca Oil Sands Project (AOSP) working interest and other oilsands assets demonstrates the ongoing value to investors of the oilsands, says federal Natural Resources Minister Jim Carr.
March 10, 2017, 8:30 AM MST
Gemstone Creates An Indispensable Tool To Benefit Work Camp Operators And Travel Coordinators
March 10, 2017, 4:58 AM MST
There were 20 fewer rigs at work Friday morning than the close of last week — with 296 active rigs today compared to 316 last Friday.
March 10, 2017, 11:42 AM MST
March 10, 2017, 11:45 AM MST
Athabasca Oil Corporation had a net loss of $779.4 million in the fourth quarter and $936.7 million for the full year 2016.
March 10, 2017, 12 PM MST
CSV Midstream Solutions Corporation has reached a non-binding agreement in principle with an intermediate exploration and production company, to build, own and operate a gas processing facility in the Resthaven area of Alberta.
March 10, 2017, 9:27 AM MST
Total Energy Services Inc. has not given up on its bid to acquire Savanna Energy Services Corp. despite Thursday’s announcement that Savanna has agreed to a all-stock offer from Western Energy Services Corp. (DOB, March 9, 2017).
March 10, 2017, 9:24 AM MST
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March 10, 2017, 11 AM MST
Although posting slightly lower production, Northern Blizzard Resources Inc. saw revenue in the fourth quarter rise nearly 18 per cent, mainly on the strength of higher oil and gas prices, says the company.
March 10, 2017, 11:24 AM MST
Petrus Resources Ltd. generated funds from operations of $10.3 million in the fourth quarter of 2016, a 54 per cent increase relative to $6.7 million generated in the fourth quarter of 2015.
March 10, 2017, 4:58 AM MST
Canadian Energy Services & Technology Corp. generated revenue of $187.7 million during the fourth quarter of 2016, compared to $165 million for the three months ended Dec. 31, 2015, an increase of $22.7 million or 14 per cent.
March 10, 2017, 6 AM MST
March 10, 2017, 10:47 AM MST
March 10, 2017, 11:23 AM MST
STEP Energy Services was a winner of Canada’s Best Managed Companies program in 2016 and has requalified to maintain its status as a Best Managed company.
March 10, 2017, 11:47 AM MST
Upside Engineering Ltd. announces it has once again been recognized as one of Canada’s Best Managed Companies for their excellence in business performance.
March 10, 2017, 11:48 AM MST
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