On Friday morning, ahead of the Canada Day long weekend, 196 rigs were working across Western Canada (31 per cent of the fleet was active).
June 30, 2017, 11:40 AM MDT
During the last week of June, rig activity in Western Canada peaked at over 30 per cent. That compares to 12 per cent in the same period a year ago and 19 per cent in 2015.
June 30, 2017, 6 AM MDT
The federal government says it is considering maintaining the National Energy Board (NEB) in Calgary while eliminating the Calgary-area residency requirement for a new type of board and separate hearing commissioners.
June 30, 2017, 8:24 AM MDT
Although the price of oil is currently hovering in the US$45 per bbl WTI range, Alberta Finance Minister Joe Ceci says he expects the price to rebound over the next nine months.
June 30, 2017, 7:41 AM MDT
NDP Leader John Horgan will be the next premier of B.C., backed by the Green Party, after the B.C. Liberal government led by Christy Clark was defeated in a confidence vote in the legislature late Thursday afternoon.
June 30, 2017, 10:14 AM MDT
June 30, 2017, 11:25 AM MDT
The company supplying weekly natural gas storage information updated its figures due to a problem with numbers from the East region.
June 30, 2017, 8:55 AM MDT
The Daily Oil Bulletin will be closed on July 3 (Monday) and will not publish on that date in lieu of Canada Day on Saturday, July 1. We will resume publishing on Tuesday, July 4.
June 30, 2017, 6 AM MDT
June 30, 2017, 8:41 AM MDT
Baker Hughes Inc. says that more than 99 per cent of the votes cast at the special meeting of Baker Hughes stockowners were voted to approve the previously announced combination of Baker Hughes with General Electric Company’s oil and gas business.
June 30, 2017, 10 AM MDT
Cardinal Energy Ltd. has closed the previously announced light oil acquisition in the Weyburn/Midale area of southeast Saskatchewan and in the House Mountain area of Alberta.
June 30, 2017, 11:51 AM MDT
JWN (formerly JuneWarren-Nickle’s Energy Group) invited companies to visit its booth at the 2017 Global Petroleum Show and speak with editors of the Daily Oil Bulletin and Oilweek magazine about their companies and what makes them special or unique in the Canadian energy marketplace.
June 30, 2017, 7:37 AM MDT
Razor Energy Corp. has been approved for graduation to Tier 1 Issuer status from Tier 2 Issuer status by the TSX Venture Exchange.
June 30, 2017, 3:50 AM MDT
Eagle Energy Inc. “has proactively worked with its lender,” White Oak Global Advisors, LLC to relax certain financial covenant thresholds in recognition of prevailing low oil prices during the second quarter.
June 30, 2017, 3:58 AM MDT
BlackPearl Resources Inc. has issued $75 million aggregate principal amount of senior secured second lien notes to Prudential Capital Group.
June 30, 2017, 9:54 AM MDT
Sempra Energy and Woodside Petroleum Limited subsidiaries, Sempra LNG & Midstream, LLC and Woodside Energy (USA), Inc., have signed a memorandum of understanding (MOU) with Korea Gas Corporation (KOGAS) regarding the development of the proposed Port Arthur LNG liquefaction project in Port Arthur, Texas.
June 30, 2017, 3:27 AM MDT
Freeport LNG Development, L.P. (FLNG) and its wholly owned subsidiary, FLNG Liquefaction 4, LLC (FLIQ4), filed a formal application with the Federal Energy Regulatory Commission (FERC) for authorization to site, construct and operate a fourth liquefaction train at its LNG export facility located near Freeport, Texas.
June 30, 2017, 3:34 AM MDT
June 30, 2017, 3:37 AM MDT
June 30, 2017, 3:44 AM MDT
June 30, 2017, 10:36 AM MDT
Pulse Oil Corp. announces that the TSX Venture Exchange has approved a request to extend the closing of the second tranche of its previously announced private placement to Aug. 2, 2017 in order for Pulse to continue to work and evaluate certain potential strategic partnership opportunities which have recently come to the company's attention.
June 30, 2017, 4:03 AM MDT
Veresen Inc. announced the expiry of its previously announced solicitation of consents in connection with a proposed amendment of the indenture under which its outstanding four per cent medium term notes, Series 1 due 2018, 5.05 per cent medium term notes, Series 3 due 2022, 3.06 per cent medium term notes, Series 4 due 2019, and 3.43 per cent medium term notes, Series 5 due 2021 were issued.
June 30, 2017, 9:29 AM MDT
June 30, 2017, 3:47 AM MDT
June 30, 2017, 9:03 AM MDT
June 30, 2017, 9:20 AM MDT