Surging U.S. propane prices on the U.S. Gulf Coast and a shorter shipping distance to Asia could give West Coast exporters of the commodity a competitive advantage over the U.S. Gulf Coast.
May 4, 2017, 6 AM MDT
LPG (propane and butane) has truly become part of a global market over the last two years due to improved infrastructure, a conference on NGLs heard Wednesday.
May 4, 2017, 6:56 AM MDT
Helped by strong performance at its Horizon oilsands mining and upgrading project, Canadian Natural Resources Limited reported strong financial and operating results for the first quarter.
May 4, 2017, 11:44 AM MDT
Seven Generations Energy Ltd.’s higher-intensity completions may increase costs, but by putting away more sand per well it improves production rates and equates to better economic returns in a market of increasing service costs.
May 4, 2017, 11:20 AM MDT
Duvernay production for Encana Corporation climbed to 18,100 boe per day in Q1 2017 from 15,600 boe per day during the same period of 2016. Montney output declined to 122,700 boe per day from 159,900 boe per day over the same period. Production volumes associated with the Gordondale assets were included in Montney production until the divestiture of these assets on July 28, 2016.
May 4, 2017, 6 AM MDT
Canadian Natural Resources Limited (CNRL; TSX:CNQ) and Penn West Petroleum Ltd. (TSX:PWT) saw domestic production fall the most among TSX-listed producers in 2016, according to CanOils’s annual data.
May 4, 2017, 6 AM MDT
Trican Well Services Ltd. first quarter revenue increased to $149.4 million from $99.8 million a year earlier, and management expects that activity and pricing will continue building from first quarter levels after spring breakup as many work programs have been, or are being repriced, for the third and fourth quarters.
May 4, 2017, 10:52 AM MDT
Sayer Energy Advisors has been engaged to assist Yoho Resources Inc. (“Yoho” or the “Company”) with the sale of its non-core oil and natural gas properties (the “Properties”). The Properties are located in various areas of Saskatchewan, Alberta and British Columbia.
May 4, 2017, 6 AM MDT
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May 4, 2017, 2:51 AM MDT
At Tupper Montney, Murphy Oil Corporation averaged 207 mmcf per day of natural gas production in the quarter.
May 4, 2017, 9:44 AM MDT
Mullen Group Ltd. continues to plan for the future and make what it sees as purchases to capitalize on areas of market growth. However, says top brass, the era of $100 per bbl crude is over, which has significant ramifications for the province and people of Alberta, for oil companies, and for Mullen Group.
May 4, 2017, 8 AM MDT
May 4, 2017, 10:25 AM MDT
May 4, 2017, 10:32 AM MDT
Join PSAC on May 17th for our second International Oil and Gas Networking Series Breakfast. As well as being a great avenue for networking with your industry peers, this breakfast will feature presentations on international oil and gas development experiences from those who have been there!
May 4, 2017, 6 AM MDT
Pembina Pipeline Corporation, the elephant in the room at Wednesday’s annual general meeting of gas-focused midstream operator Veresen Inc., received a warm welcome from shareholders, if the reception Veresen president and CEO Don Althoff received was any indication.
May 4, 2017, 6 AM MDT
In the first quarter, Penn West Petroleum Ltd. closed previously announced dispositions for total proceeds of $70 million.
May 4, 2017, 6:02 AM MDT
Commissioning activities for ARC Resources Ltd.’s Dawson Phase III gas processing and liquids-handling facility are expected to begin in the second quarter of 2017, says the company’s chief executive.
May 4, 2017, 6 AM MDT
BlackPearl Resources Inc. plans to spend between $185 and $190 million on capital projects, down from its initial guidance of $200 million.
May 4, 2017, 6 AM MDT
Whitecap Resources Inc. says an active first quarter drilling program spurred on strong production growth as the company achieved record output of 55,886 boe per day, a sizeable increase from 43,024 boe per day during the same period last year.
May 4, 2017, 6 AM MDT
Athabasca Oil Corporation's 2017 thermal oil budget has been reduced by $30 million to $75 million with unchanged production guidance of 29,000-32,500 bbls per day.
May 4, 2017, 2:46 AM MDT
Join JWN and featured sponsor Siemens in a Live Webinar that will tackle the most pressing compliance related issues facing companies today.
May 4, 2017, 6 AM MDT
The Canadian Society for Unconventional Resources ("CSUR") is pleased to be able to present a one day workshop being held May 11, 2017 on "Hydraulic Fracturing: Where we've been and where we're going". This one day event will not only focus on the industry's remarkable technological advancements over the last decade, but will also examine the new technologies that are being developed to increase productivity and reserves in Unconventional Resource Plays.
May 4, 2017, 6 AM MDT
The Queen’s Geology Council invites all Queen’s Geology alumni to the Fourth Annual GeoConvention Reunion on Tuesday, May 16 from 4:00 – 7:00 PM at the Barley Mill in Eau Claire.
May 4, 2017, 6 AM MDT
Laricina Energy Ltd. announced recently that Glen Schmidt, president and CEO, Derek Keller, vice-president production and Marla Van Gelder, vice-president corporate development are stepping down from their respective positions and would be leaving the company effective April 30, 2017.
May 4, 2017, 9:05 AM MDT
TransCanada Corporation has entered into agreements to sell a 49.3 per cent interest in Iroquois Gas Transmission System, LP together with its remaining 11.8 per cent interest in Portland Natural Gas Transmission System (PNGTS), to its master limited partnership, TC PipeLines, LP.
May 4, 2017, 6:12 AM MDT
Apache Corporation reported Canadian output of 52,412 boe per day during the first quarter, down from 65,372 boe per day during the same period of 2016.
May 4, 2017, 6:38 AM MDT
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May 4, 2017, 6 AM MDT
Although there is increasing optimism with oil prices being relatively stable in the $45 - $55 range, Horizon North Logistics Inc. expects pricing of its services to lag any improvement to utilization and anticipates results to remain relatively flat for the remainder of the year.
May 4, 2017, 6 AM MDT
For the three-month period ended March 31, 2017, PHX Energy Services Corp. generated consolidated revenue of $61.1 million.
May 4, 2017, 6 AM MDT
For the three months ended March 31, 2017, Xtreme Drilling Corp. recorded revenue of $12.4 million as compared to $9.9 million in the fourth quarter of 2016, but down from $16.26 million in Q1 2016.
May 4, 2017, 6 AM MDT
CWC Energy Services Corp. announced that in light of improving oilfield activity and emerging opportunities for consolidation within the industry, the company has initiated a process to review strategic alternatives.
May 4, 2017, 6:46 AM MDT
Management at Secure Energy Services Inc. is crediting stabilizing oil and gas prices and increased drilling for sharply-higher earnings and revenue in the first quarter.
May 4, 2017, 10:04 AM MDT
May 4, 2017, 2:55 AM MDT
May 4, 2017, 3 AM MDT
May 4, 2017, 3:03 AM MDT
Perisson Petroleum Corp. has made an application to the Alberta Securities Commission (ASC) to approve a temporary management cease trade order (MCTO) under National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults (NP 12-203), which, if granted, will prohibit trading in securities of the corporation by certain insiders of the corporation, whether direct or indirect.
May 4, 2017, 6 AM MDT
May 4, 2017, 7:10 AM MDT
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