Raymond James Ltd. analyst Chris Cox says he has a “mixed view” of the merger announced Sunday which will see Cenovus Energy Inc. and Husky Energy Inc. combine in an all-stock transaction, especially from the standpoint of Cenovus.
October 26, 2020, 11:24 AM MDT
Where does the Cenovus Energy Inc./Husky Energy Inc. deal rank in terms of Canadian deals? Here’s a list of top Canadian deals, compiled by Evaluate Energy.
October 26, 2020, 8:34 AM MDT
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October 26, 2020, 3:53 AM MDT
Only rarely do I read an article and think to myself, damn, I wish I wrote that. But, in late September, Eric Reguly, a business and economics columnist for The Globe and Mail, wrote an article entitled “Canada needs a new breed of corporate champion, and clean energy is the place to look,” which I wish I had written, and will borrow from here with appropriate attribution.
October 26, 2020, 6 AM MDT
On June 8, 2020, BDO Canada Limited was appointed as the receiver and manager (the “Receiver”)
October 26, 2020, 9:17 AM MDT
In the spring of 2019, brothers-in-law Ben Klepacki and Connor O’Shea took a gamble and left their jobs to develop power-on-demand technology to enable the use of compressed air on remote wellsites to eliminate methane emissions in their new company Westgen Technologies Inc.
October 26, 2020, 9:08 AM MDT
Continuous Improvement Of The Precision Coil Frac Technology Partnership Yields Massive Results For Yangarra Resources In The Cardium
October 26, 2020, 6:53 AM MDT
This informative two-day conference and 3-hour workshop will bring together stakeholders from government organizations, regulatory bodies, oil and gas producing companies, service and supply companies, research centres, and academic institutions to discuss and collaborate on various aspects of oil and gas methane emission detection, mitigation, and reporting, such as: regulations, policies, research, technology development and deployment, and best practices, to meet the 45% methane reduction target by 2025.
October 26, 2020, 6:52 AM MDT
B.C. Energy Minister Bruce Ralston was re-elected in B.C. as the NDP moved to a majority, grabbing a provisional 55 seats during Saturday night’s election.
October 26, 2020, 10:38 AM MDT
On behalf of the board and team at CMC Research Institutes, Dan Zilnik is pleased to welcome Stephen Lougheed as President and CEO of the company.
October 26, 2020, 6:55 AM MDT
Alberta Energy is resuming land sales for petroleum and natural gas (P&NG) and oilsands Crown mineral rights.
October 26, 2020, 12 AM MDT
Celine Boston has been appointed as Pason Systems Inc.’s chief financial officer, effective Nov. 30, 2020.
October 26, 2020, 3:21 PM MDT
Across Canada, excluding experimental wells, a total of 2,282 wells were drilled in the first nine months of 2020, down about 39 per cent from 3,726 wells rig released in January-September 2019.
October 26, 2020, 9:35 AM MDT
Highwood Oil Company Ltd. has initiated a process to identify, examine and consider strategic and financial alternatives.
October 26, 2020, 6:46 PM MDT
Tamarack Acquisition Corp. has been ordered to pay an $80,000 penalty after pleading guilty in provincial court to one charge under the Water Act, said the Alberta Energy Regulator (AER).
October 26, 2020, 2:17 PM MDT
Precision Drilling Corporation typically enjoys a large market share of the oilsands coring work, but given lower oil prices, this season is starting out a bit slow, says top brass, with customers likely waiting in case they can get better bids on their oil later in the season.
October 26, 2020, 10:12 AM MDT
This week’s DOB Backstory comes from a Oct. 29, 1980 article in the Daily Oil Bulletin. While industry sifts through the fine print of the federal government's budget and announced energy policy, the Bulletin highlighted major points pertaining to the resources industry together with preliminary reaction from the industry.
October 26, 2020, 2:52 PM MDT
Since unconventional development via horizontal drilling and multi-stage hydraulic fracturing began in the Montney Formation around 2005, drilling has largely been focused on Upper and Upper Middle Montney low permeability distal dolomitic siltstones.
October 26, 2020, 6:49 AM MDT
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October 26, 2020, 8:19 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of Oct. 26, 2020, as reported this morning by Rig Locator.
October 26, 2020, 11:39 AM MDT
Topaz Energy Corp. has completed its previously announced initial public offering (IPO).
October 26, 2020, 7:34 AM MDT
E3 Metals Corp. closed its non-brokered private placement financing.
October 26, 2020, 7:41 AM MDT
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October 26, 2020, 10:59 AM MDT