The B.C. NDP and Green parties have become political blood brothers and are aiming to form a combined slim majority government in the province, creating a spate of increased industry uncertainty as the fate of oil and gas projects, such as Kinder Morgan Inc.’s proposed Trans Mountain pipeline expansion, hang in the balance.
May 30, 2017, 11:33 AM MDT
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May 30, 2017, 3:30 AM MDT
Active hedgers among the TSX-listed oil and gas producers covered 63 per cent of their combined natural gas production — and 48 per cent of combined oil production — with a range of hedging contracts in Q1 2017.
May 30, 2017, 8:12 AM MDT
In February, Canadian crude oil exports by rail climbed to 132,693 bbls per day, according to the latest statistics from the National Energy Board (NEB). That’s up from 119,876 the previous month, and 95,625 bbls a day in February 2016.
May 30, 2017, 6 AM MDT
Cequence Energy Ltd. is a rather different company than it was 16 months ago, having restructured to become a leaner and more operational-focused organization in response to the industry downturn.
May 30, 2017, 9:15 AM MDT
May 30, 2017, 11 AM MDT
This Thursday, Oil & Gas Council will be hosting its Canada Assembly & Awards Dinner at Hotel Arts. Across the day, there will be 300+ Sr. Executives & 37 speakers at the conference covering topics such as Renewables, Financing, M&A, Technology Innovation, and Private Investment.
May 30, 2017, 7:02 AM MDT
Tourmaline Oil Corp. says it has identified three new extensive exploration and production opportunities within its existing core complexes at Brazeau River, Hinton-Anderson-Lambert and Peace River.
May 30, 2017, 4:08 AM MDT
The Canadian Society for Unconventional Resources (CSUR), at its 2017 annual general meeting held on May 25, elected its board of directors for 2017/2018.
May 30, 2017, 3:53 AM MDT
RMP Energy Inc. appointed three new members to its board.
May 30, 2017, 6:58 AM MDT
In Q1 2017, Leucrotta Exploration Inc. completed its infrastructure project to tie-in four previously drilled delineation wells and completed additional step-out/delineation wells that materially extended the productive boundaries of the company’s Lower Montney Turbidite light oil resource play.
May 30, 2017, 7:16 AM MDT
Ikkuma Resources Corp. generated funds flow from operations in the first quarter of $2.8 million, three cents per share, a 27 per cent increase over the first quarter of 2016.
May 30, 2017, 7:51 AM MDT
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May 30, 2017, 8:46 AM MDT
Trilogy Energy Corp. has completed its previously announced sale of certain Valhalla assets in the Grande Prairie area of Alberta for cash consideration of $50 million, with the proceeds to be used to reduce Trilogy's indebtedness under its revolving credit facility.
May 30, 2017, 6:49 AM MDT
Paramount Resources Ltd. has closed its previously announced sale of its oil and gas properties in the Valhalla area of Alberta for cash consideration of approximately $150 million.
May 30, 2017, 6:45 AM MDT
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