MEG Energy Corp.’s two-pronged egress strategy and dramatically improved differentials helped it attain first quarter bitumen realization of $50.21/bbl, the highest achieved by the company in the last four years.
May 7, 2019, 11:12 AM MDT
MEG Energy Corp.’s bitumen production averaged 87,113 bbls/d in the first quarter of 2019, seven per cent lower than the same period in 2018 due to the Alberta government's mandated production curtailment program which came into effect Jan. 1, 2019.
May 7, 2019, 9:16 AM MDT
The Kenney government has come to power with a new approach to energy. It can be summed up in four words: fight back, dial back.
May 7, 2019, 12 AM MDT
A five-member “blue ribbon panel” chaired by Janice MacKinnon, a former Saskatchewan NDP finance minister and academic, has been appointed to recommend a path to a balanced budget without raising taxes by 2022-23 and to propose a realistic plan to start paying down the debt.
May 7, 2019, 1:50 PM MDT
Gibson Energy Inc., which dominates the crude tankage business in Western Canada, has reported strong financial and operational results for the first quarter.
May 7, 2019, 9:03 AM MDT
The Daily Oil Bulletin’s first annual Energy Excellence Awards were held in Calgary on Thursday, May 2. Awards were handed out in 12 categories under the banners of Operational and Project Excellence, Innovation and Research Excellence, and Exporting Excellence.
May 7, 2019, 6 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of May 7, 2019, as reported this morning by Rig Locator.
May 7, 2019, 11:40 AM MDT
STEP-IQTM real-time data services provide reliable measurements allowing operators to evaluate critical job parameters and make instant decisions to improve treatment programs.
May 7, 2019, 6 AM MDT
May 7, 2019, 11:53 AM MDT
The Oregon Department of Environmental Quality (DEQ) denied Jordan Cove LNG’s application for a Section 401 Water Quality Certification.
May 7, 2019, 11:32 AM MDT
On the evening of May 30th, Oil and Gas Council will be gathering 350+ Senior Energy Executives at its annual Lifetime Achievement Award Dinner to celebrate the career of Rick Grafton – CEO of Grafton Asset Management.
May 7, 2019, 6 AM MDT
May 7, 2019, 8:13 AM MDT
May 7, 2019, 8:04 AM MDT
In order to protect funds flow, Bonterra Energy Corp. has layered on 2,000 bbls/d of various physical oil delivery sales contracts through the end of September 2019 at various Canadian realized oil pricing ranging from C$72.99 to C$77.35/bbl.
May 7, 2019, 12 AM MDT
Petrus Resources Ltd.’s board of directors approved a second quarter 2019 capital budget of $7 to $8 million, based on a current forecast for commodity futures pricing, anticipated service costs and current activity levels.
May 7, 2019, 7:04 AM MDT
Surge Energy Inc. has been active with its ongoing crude oil and WCS differential hedging strategy designed to protect the capital program and Surge's annual dividend.
May 7, 2019, 8:04 AM MDT
NCS Multistage Holdings, Inc. reported another strong quarter in U.S. product sales despite an overall decline in revenues in the first quarter of 2019.
May 7, 2019, 1:54 PM MDT
May 7, 2019, 11:42 AM MDT
Connacher Oil and Gas Limited has entered into an amended and restated support agreement.
May 7, 2019, 6 AM MDT
Strad Energy Services Ltd. announced its intention to change its name to Strad Inc. to better reflect the direction of the company as it continues to focus on customers from a wide range of industrial sectors.
May 7, 2019, 5:12 AM MDT
May 7, 2019, 2 PM MDT
Enerflex Ltd. generated revenue of $484.9 million in the first quarter of 2019, compared to $385.78 million in the comparative quarter of 2018.
May 7, 2019, 8:41 AM MDT
May 7, 2019, 8:23 AM MDT
May 7, 2019, 8:26 AM MDT
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