Industry paid $42 million into provincial coffers on Wednesday, with four high-priced parcels likely purchased for their Duvernay potential, perhaps pushing the East Shale Basin oil play to the northwest.
May 31, 2018, 9:56 AM MDT
Malaysia’s state-owned oil and gas company Petroliam Nasional Bhd said on Thursday it is buying a 25 per cent stake in a Canadian liquefied natural gas (LNG) export project, nearly a year after cancelling its own planned terminal.
May 31, 2018, 6 AM MDT
Federal Finance Minister Bill Morneau says his government has received oil and gas industry input on how it can improve the proposed Impact Assessment Act.
May 31, 2018, 11:17 AM MDT
The federal government’s $4.5 billion acquisition of the Trans Mountain pipeline and its expansion project is a good deal for taxpayers, says Alberta Premier Rachel Notley.
May 31, 2018, 6:43 AM MDT
PTTEP Canada Limited (PTTEPCA) expects to make a final investment decision in mid-2019 on a new oilsands SAGD project in the Athabasca oilsands following Alberta cabinet approval, a company official said today.
May 31, 2018, 10:20 AM MDT
May 31, 2018, 6 AM MDT
Sayer Energy Advisors has been engaged to assist 1280417 Alberta Ltd. (“1280417”) with a corporate sales process. 1280417 is the sole shareholder of Primrose Drilling Ventures Ltd. (“Primrose” or the “Company”), which is a private oil and natural gas company.
May 31, 2018, 8:44 AM MDT
Mexico’s Zama-1 wildcat well — drilled in July 2017 — delivered a huge and truly historic oil discovery. It has also highlighted the need for clear rules on developing oil and gas fields that span separate lease areas held by different owners.
May 31, 2018, 6 AM MDT
May 31, 2018, 11:47 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 31, 2018, as reported this morning by Rig Locator.
May 31, 2018, 10:59 AM MDT
A Canadian Enerdata weekly survey of Canadian natural gas in storage showed a total of 347.3 bcf of gas in storage for the week ended May 25, 2018, up 3.4 per cent from 335.8 bcf the previous week.
May 31, 2018, 10:44 AM MDT
May 31, 2018, 6 AM MDT
May 31, 2018, 6 AM MDT
May 31, 2018, 6 AM MDT
May 31, 2018, 10:14 AM MDT
May 31, 2018, 10:53 AM MDT
May 31, 2018, 6:33 AM MDT
Delphi Energy Corp. says it has extended its senior secured credit facility with a syndicate of lenders, led by Alberta Treasury Branches and including the Bank of Nova Scotia and Bank of Montreal, and that the borrowing base of the facility has been increased to $105 million from $95 million.
May 31, 2018, 8 AM MDT
May 31, 2018, 6:29 AM MDT
Source Energy Services Ltd. says that its wholly-owned subsidiaries, Source Energy Services Canada LP and Source Energy Services Canada Holdings Ltd., have closed the previously announced additional offering by way of private placement.
May 31, 2018, 10:29 AM MDT
May 31, 2018, 10:26 AM MDT
May 31, 2018, 10:09 AM MDT
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.