The B.C. government attracted $3.42 million at its land sale this week, with two sections in northeast B.C. drawing the highest bids, including one that sold for over $1 million.
August 25, 2017, 12 AM MDT
B.C.'s average land prices have surged this year to an average of $2,712.03 as of the eight month period ending in August. For 2016, prices averaged $157.22.
August 25, 2017, 12 AM MDT
August 25, 2017, 10:57 AM MDT
During the B.C. election campaign, the B.C. Liberals pledged to “unlock the oil resources contained in the Montney” through a new oil, deep-well royalty credit.
August 25, 2017, 7:49 AM MDT
Tourmaline Oil Corp. was the most active operator at the end of the week, as the rig count climbed in Western Canada.
August 25, 2017, 11:28 AM MDT
August 25, 2017, 8:48 AM MDT
August 25, 2017, 11:45 AM MDT
August 25, 2017, 3:30 AM MDT
On June 9, the National Energy Board (NEB) received a complaint pursuant to Part IV of the National Energy Board Act and section 19 of the National Energy Board Rules of Practice and Procedure, 1995 regarding operational practices that are potentially inconsistent with the Westspur Tariff Rules and Regulations, and concerns regarding the potential for shipper information provided to TEML Westspur Pipelines Limited to be disseminated and used by TEML Westspur’s parent and/or its affiliates.
August 25, 2017, 10:13 AM MDT
The Ontario government is supporting upgrades to the Tenaris Algoma Tubes seamless pipe mill.
August 25, 2017, 11:47 AM MDT
August 25, 2017, 4:03 AM MDT
August 25, 2017, 11:02 AM MDT
August 25, 2017, 9:56 AM MDT
Razor Energy Corp. second quarter output increased modestly to 3,163 boe per day from 3,075 boe per day in the first quarter, while the company’s net loss narrowed to $1.56 million from $1.83 million sequentially.
August 25, 2017, 9:34 AM MDT
Canadian Spirit Resources Inc. appointed a new director, Luigi Liberatore of Montréal, effective Aug. 22, 2017.
August 25, 2017, 8:15 AM MDT
August 25, 2017, 3:49 AM MDT
August 25, 2017, 3:56 AM MDT
Point Loma Resources Ltd. has approved a $3.5 million capital budget for the third quarter of this year, which includes drilling two horizontal wells and startup of a recently-acquired horizontal Paddle River Ostracod-A pool well.
August 25, 2017, 9:51 AM MDT
Ironhorse Oil & Gas Inc. reported production of 165 boe per day in the second quarter of 2017 compared to 164 boe per day produced in the first quarter of 2017 and 10 boe a day in the June quarter last year.
August 25, 2017, 9:24 AM MDT
As previously disclosed, Niko Resources Ltd. said that in May 2016, a writ petition was filed before the Supreme Court of Bangladesh, High Court Division in Dhaka by a citizen of Bangladesh (petitioner) against (i) the Government of Bangladesh (GOB), (ii) Bangladesh Oil, Gas and Mineral Corporation (Petrobangla), (iii) Bangladesh Petroleum Exploration & Production Company Limited (Bape), (iv) Niko Resources(Bangladesh) Ltd. (NRBL), the company's indirect subsidiary, and (v) Niko.
August 25, 2017, 11:57 AM MDT
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