Given weak commodity prices and still-wide differentials, some smaller companies have tinkered with their dividend and reduced drilling activity as they await for the impacts of the provincial government’s mandatory production curtailment to take hold.
December 7, 2018, 9:56 AM MST
Cardinal Energy Ltd. has decided to temporarily reduce its dividend given the volatility in oil price differentials.
December 7, 2018, 3:34 AM MST
Given the discount for crude, Granite Oil Corp. has decided to suspend its dividend
December 7, 2018, 3:33 AM MST
On Dec. 6, the Alberta Energy Regulator (AER) contacted the operators that are subject to ministerial orders outlining curtailment requirements.
December 7, 2018, 12 AM MST
December 7, 2018, 8:07 AM MST
Saskatchewan’s government collected $20.1 million this week to cap off its land sale schedule for the year.
December 7, 2018, 8:47 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Dec. 7, 2018, as reported this morning by Rig Locator.
December 7, 2018, 11:21 AM MST
The U.S. rig count is down one rig from last week to 1,075, with oil rigs down 10 to 877 and gas rigs up 9 to 198.
December 7, 2018, 11:05 AM MST
December 7, 2018, 7:56 AM MST
December 7, 2018, 3:38 AM MST
A new report by the Conference Board of Canada estimates that the propane industry accounted for $3.5 billion in economic activity in 2016.
December 7, 2018, 7:27 AM MST
Western Energy Services Corp. outlined a 2019 capital expenditure budget of approximately $15 million.
December 7, 2018, 6 AM MST
International Petroleum Corp. and BlackPearl Resources Inc. securityholders approved the strategic business combination of the companies.
December 7, 2018, 10:40 AM MST
CWC Energy Services Corp. approved the granting of 2.66 million restricted share units of the company on Dec. 6, 2018 to certain directors, officers and employees of the company.
December 7, 2018, 6 AM MST
Ensign Energy Services Inc. and its wholly-owned subsidiary, Ensign US Financial (Delaware) LP, have provided a notice of redemption to all holders of its outstanding 3.97 per cent senior guaranteed notes, due 2019, and its outstanding 4.54 per cent senior guaranteed notes, due 2022.
December 7, 2018, 10:27 AM MST
Bellatrix Exploration Ltd. plans to release its 2019 capital budget and guidance in January 2019.
December 7, 2018, 11:42 AM MST
December 7, 2018, 7:07 AM MST
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