Industry drilled 1,936 wells through the first five months of 2019, excluding experimental holes, off 28 per cent from 2,682 wells rig released in January-to-May 2018.
June 24, 2019, 6:41 AM MDT
The average length/depth of a well (excluding experimental wells) in Western/Northern Canada increased to 3,007 metres in this year’s January-to-May period.
June 24, 2019, 10:49 AM MDT
Now is a great time for First Nations to take control of their own futures and oil and gas companies can help in partnering with them, says an oil executive whose company has been active on the Blood reserve in southern Alberta.
June 24, 2019, 6 AM MDT
The Alberta government has introduced legislation that would guarantee the oil and gas royalty structure that is in place when a producer drills a well is the same 10 years later.
June 24, 2019, 10:41 AM MDT
June 24, 2019, 7:26 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of June 24, 2019, as reported this morning by Rig Locator.
June 24, 2019, 11:40 AM MDT
June 24, 2019, 6 AM MDT
Tundra Energy Marketing Limited (TEML), announced today that as of June 26, 2019, it will be changing its name to Kingston Midstream to better articulate the company’s current position in the industry following multiple acquisitions, rapid expansion and plans for future growth.
June 24, 2019, 6:45 AM MDT
June 24, 2019, 7:34 AM MDT
Advantage Oil & Gas Ltd. announces a new office address.
June 24, 2019, 6:59 AM MDT
Mullen Group Ltd. says that the underwriters of its offering of 5.75 per cent convertible unsecured subordinated debentures have exercised in full their over-allotment option to purchase an additional $15 million aggregate principal amount of debentures.
June 24, 2019, 10:19 AM MDT
Ravi Saligram, chief executive officer of Ritchie Bros. Auctioneers, will step down on Oct. 1, 2019, to join his family in the United States.
June 24, 2019, 9:55 AM MDT
June 24, 2019, 7:42 AM MDT
East West Petroleum Corp. has entered into a heads of agreement dated June 24, 2019, with a private arm's length New Zealand company, pursuant to which it has agreed to sell its interest in Petroleum Exploration Permit 54877 and Petroleum Mining Permit 60291.
June 24, 2019, 10:07 AM MDT
June 24, 2019, 8:04 AM MDT
June 24, 2019, 7:53 AM MDT
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