Members of the Canadian Association of Oilwell Drilling Contractors (CAODC) booked 52,924 operating days in the first nine months of 2017, up 103 per cent from 26,095 operating days in the comparable period last year, Rig Locator records show.
October 31, 2017, 9:33 AM MDT
Drilling rig activity in Western Canada and the Top 5 active operators as of Oct. 31, 2017, as reported this morning by Rig Locator.
October 31, 2017, 11:39 AM MDT
Led by strong producer interest in the Duvernay, PrairieSky Royalty Ltd. entered into 23 leasing arrangements in the third quarter with 20 different counterparties generating $15.5 million in cash lease bonus consideration.
October 31, 2017, 8:22 AM MDT
Since the beginning of September we have seen a number of privately-held oil and natural gas companies announce their intention to solicit offers either through a publicly announced corporate sales process or strategic alternatives process.
October 31, 2017, 8:02 AM MDT
The Canadian oil and gas industry is concerned the provincial government will take a prescriptive approach in seeking a federal equivalency for methane emission reductions that would hamper efficiency by treating all facilities the same.
October 31, 2017, 4:39 PM MDT
The fate of the North American Free Trade Agreement poses the biggest risk to the Canadian economy for 2018, two economists believe.
October 31, 2017, 4:17 AM MDT
October 31, 2017, 11:31 AM MDT
Ongoing reforms are making it easier than ever for Canadian companies to do business in China and seize Belt and Road Initiative (BRI) opportunities
October 31, 2017, 6 AM MDT
As Canadian Oil and Gas companies deal with older assets and partners of more modest size, insolvency issues rise.
October 31, 2017, 6 AM MDT
The following table is an update to the National Energy Board’s (NEB) marketable natural gas production in Canada.
October 31, 2017, 10:11 AM MDT
October 31, 2017, 9:56 AM MDT
October 31, 2017, 10:26 AM MDT
October 31, 2017, 10:28 AM MDT
October 31, 2017, 5:38 AM MDT
October 31, 2017, 8:36 AM MDT
October 31, 2017, 10:54 AM MDT
October 31, 2017, 3:50 AM MDT
October 31, 2017, 11:02 AM MDT
MATRRIX Energy Technologies Inc. has entered into an agreement to acquire all of the issued and outstanding shares of Stampede Drilling Ltd., a private company which owns three heavy telescopic double drilling rigs in the Weyburn/Estevan area of southeast Saskatchewan.
October 31, 2017, 8:05 AM MDT
MATRRIX Energy Technologies Inc. has successfully completed its previously announced acquisition of assets from Vortex Drilling Ltd. through Vortex's court appointed receiver, Deloitte Restructuring Inc.
October 31, 2017, 3:47 AM MDT
As part of its planning for the future use of the Bull Arm Fabrication Site, Nalcor Energy issued a request for proposals (RFP) to identify the next potential tenant or tenants to lease the Site.
October 31, 2017, 6 AM MDT
October 31, 2017, 3:59 AM MDT
October 31, 2017, 8:48 AM MDT
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