Husky Energy Inc.’s top executive says the company’s $6.4 billion hostile bid for oilsands rival MEG Energy Corp. is a “compelling offer that will result in a stronger Canadian energy company with unmatched resilience to market conditions.”
October 1, 2018, 7:32 AM MDT
MEG Energy Corp. says its board of directors will consider and evaluate Husky Energy Inc.’s unsolicited $6.4 billion offer and related takeover bid circular, if and when received.
October 1, 2018, 9:56 AM MDT
Encana Corporation has reached an agreement to sell its San Juan assets, located in New Mexico, for US$480 million to Denver-based DJR Energy, LLC.
October 1, 2018, 5:28 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Oct. 1, 2018, as reported this morning by Rig Locator.
October 1, 2018, 11:40 AM MDT
The Petroleum Services Association of Canada (PSAC) announced the resignation of interim president and CEO Tom Whalen, effective Nov. 2, 2018.
October 1, 2018, 10:16 AM MDT
After Maya Kanigan graduated with a bachelor of commerce degree from the University of Victoria in 2000 she learned soon afterwards about the shortage of women in leadership positions in Canada — and she has been trying ever since to help them overcome the obstacles in the way of them finding fulfilling careers and earning higher salaries.
October 1, 2018, 7:54 AM MDT
November 23 will celebrate the six new inductees chosen to join Canadian Petroleum Hall of Fame.
October 1, 2018, 6:51 AM MDT
October 1, 2018, 4:34 AM MDT
Over the last 12 months, Osum Oil Sands Corp. has sanctioned and successfully completed both its Phase 2B and Phase 2C expansions at Orion.
October 1, 2018, 7:15 AM MDT
October 1, 2018, 8:35 AM MDT
A small oilfield turnkey company has significantly increased its staff and its capabilities with the acquisition of an established fabrication shop.
October 1, 2018, 10:48 AM MDT
NuVista Energy Ltd. has started development for its Pipestone South block of land.
October 1, 2018, 7:27 AM MDT
NuVista Energy Ltd. announced that Chris McDavid, formerly vice-president of development and engineering, has resigned to pursue other opportunities.
October 1, 2018, 7:30 AM MDT
Tidewater Midstream and Infrastructure Ltd. announced definitive agreements with TransAlta Corporation for the construction, operation and tolls payable with respect to the previously announced pipeline connecting Tidewater's Brazeau River Complex to TransAlta's generating units at Sundance and Keephills.
October 1, 2018, 7:44 AM MDT
Jupiter Resources Inc. has elected to utilize the 30 day grace period under the indenture governing its 8.5 per cent senior unsecured notes due Oct. 1, 2022 and has not made the US$46.75 million interest payment due on Oct. 1, 2018 in connection with the senior notes.
October 1, 2018, 7:09 AM MDT
Razor Energy Corp.’s September 2018 monthly cash dividend will be $0.0125 per share which will be paid on Oct. 31, 2018.
October 1, 2018, 8:12 AM MDT
Trican Well Service Ltd. completed its 2017-2018 normal course issuer bid (NCIB) that was announced on Sept. 28, 2017.
October 1, 2018, 8:18 AM MDT
October 1, 2018, 3:48 AM MDT
October 1, 2018, 4:27 AM MDT
Equinor has signed an agreement to acquire Chevron Corporation’s 40 per cent operated interest in the Rosebank project, one of the largest undeveloped fields on the U.K. Continental Shelf (UKCS).
October 1, 2018, 8:23 AM MDT
October 1, 2018, 8:26 AM MDT
October 1, 2018, 10:07 AM MDT