Canadian Natural Resources Limited is taking steps to follow a path of SAGD technology development where MEG Energy Corp. is currently the industry leader.
August 30, 2017, 8:28 AM MDT
The Orphan Well Association (OWA) is gearing up for a busy winter with a planned 50 per cent increase in its budget and additional loan money still to flow from the province to accelerate the pace of cleanup.
August 30, 2017, 8:55 AM MDT
The total enterprise value of merger and acquisition (M&A) activity in the Canadian oil and natural gas industry in the first half of 2017 was approximately $36.1 billion, up 139 per cent from the $15.1 billion recorded in the first six months of 2016. This is the highest first half total of M&A value in the Canadian oil and natural gas sector since Sayer Energy Advisors began tracking these statistics in 1993.
August 30, 2017, 9:10 AM MDT
The Anadarko Region, which was recently added to the Energy Information Administration (EIA) Drilling Productivity Report(DPR), accounted for 437,000 bbls per day of oil production and 4.9 bcf per day of natural gas production in July 2017. Production in the region has increased in 2017, and the region accounted for 13 per cent of all new wells drilled in the country in July 2017. With the inclusion of the Anadarko Region, the DPR now covers about 87 per cent of all active onshore rigs in the United States.
August 30, 2017, 6 AM MDT
Encana Corporation says that its Eagle Ford assets did not incur any damage as a result of the hurricane and subsequent flooding that battered Texas.
August 30, 2017, 9:26 AM MDT
The B.C. government has been granted intervener status by the Federal Court of Appeal, with regard to the Trans Mountain pipeline expansion project.
August 30, 2017, 5:45 AM MDT
The 2017 Alberta Export Awards will be held in Calgary on November 23 at the Hyatt Regency.
August 30, 2017, 6 AM MDT
The Oil Sands Trade Show and Conference is coming back this year to Fort McMurray stronger than ever after the event was postponed a year ago.
August 30, 2017, 6 AM MDT
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August 30, 2017, 10:34 AM MDT
According to the latest data from the National Energy Board (NEB), Canadian crude-by-rail exports declined in June to 109,506 bbls a day.
August 30, 2017, 10:47 AM MDT
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August 30, 2017, 10:01 AM MDT
The Saskatchewan government named a new energy minister today as outgoing Premier Brad Wall shuffled his cabinet.
August 30, 2017, 11:14 AM MDT
Institutional Shareholder Services Inc. and Glass Lewis and Co., two independent proxy advisory firms that provide voting recommendations to institutional investors, have recommended that shareholders of Paramount Resources Ltd. and Trilogy Energy Corp. vote for the proposed merger of the companies.
August 30, 2017, 11:48 AM MDT
Connacher Oil and Gas Limited reported thatQ2 2017 and YTD 2017 revenue, net of royalties, increased 137 per cent to $54 million (Q2 2016 - $22.8 million) and 192 per cent to $100.9 (YTD 2016 - $34.6 million), respectively, due to higher sales volumes and higher crude oil benchmark pricing.
August 30, 2017, 3:40 AM MDT
Questfire Energy Corp. reported average production of 3,841 boe per day for the second quarter, 77 per cent natural gas, compared to 4,421 boe a day last year.
August 30, 2017, 3:52 AM MDT
Manitok Energy Inc. recorded a 55 per cent increase in production along with increased revenue in the second quarter of 2017 while posting negative cash flow and an increased loss.
August 30, 2017, 10:26 AM MDT
August 30, 2017, 5:47 AM MDT
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August 30, 2017, 4:14 AM MDT
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