Scale and size, and enhancing the geographic land base, were touted as key benefits of merging ARC Resources Ltd. and Seven Generations Energy Ltd.
February 10, 2021, 7:33 PM MST
ARC Resources Ltd. and Seven Generations Energy Ltd. today announced a strategic combination of the two premier Montney producers.
February 10, 2021, 5:25 PM MST
Brookfield Infrastructure Partners L.P. intends to pursue a privatization transaction to acquire all of the outstanding common shares of Inter Pipeline Ltd. not already owned by Brookfield Infrastructure, at a price per IPL share of C$16.50.
February 10, 2021, 5:15 PM MST
The Trudeau government has great expectations for the export of Canadian-produced clean hydrogen in the more distant future.
February 10, 2021, 7:25 AM MST
ARC Resources Ltd. and Seven Generations Energy Ltd. outlined a pro forma 2021 capital spending estimate of $1 billion to $1.1 billion, which will primarily be focused on sustaining production at the companies’ core operating properties.
February 10, 2021, 7:55 PM MST
Saskatchewan Minister of Energy and Resources Bronwyn Eyre says she has seen first-hand the benefits that the oil and gas industry brings to communities in her province.
February 10, 2021, 6:54 AM MST
Drilling rig activity in Western Canada and the Top 10 active operators as of Feb. 10, 2021, as reported this morning by Rig Locator.
February 10, 2021, 11:33 AM MST
Increased competitive pressures from other pipeline construction projects in Western Canada have increased the forecast gross cost of the Keyera Access Pipeline System (KAPS) pipeline to $1.6 billion from $1.3 billion, Keyera Corp. said today.
February 10, 2021, 11:24 AM MST
Keyera Corp. delivered adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) for the fourth quarter of $168 million, contributing to $873.58 million for 2020.
February 10, 2021, 10:47 AM MST
Precision Drilling Corporation intends to prioritize further market penetration of its Alpha digital technologies in 2021.
February 10, 2021, 9:39 AM MST
Proton Technologies sees a bright future in old oil and gas wells. The Calgary-based company has developed an environmentally sustainable way to extract hydrogen — a clean form of energy — from mature oil and gas reservoirs.
February 10, 2021, 6 AM MST
Completion of the long-awaited Moose Lake Access Management Plan for a 10-kilometre zone in the Athabasca oilsands will provide greater clarity to regulatory decision makers in relation to natural resource development and land management, Environment Minister Jason Nixon said Tuesday.
February 10, 2021, 8:30 AM MST
The BC Oil and Gas Commission has adopted the local magnitude determination methodology as the magnitude standard for northeastern British Columbia and for regulatory decisions.
February 10, 2021, 11:10 AM MST
Canada’s well-servicing sector is reaching the limits of what it can do to recruit workers, and this situation holds true as well for Precision Drilling Corporation, says Kevin Neveu, president and chief executive officer.
February 10, 2021, 3:21 PM MST
Macro Enterprises Inc.’s wholly-owned subsidiary, Macro Projects Inc. (MPI), has entered into a general construction contract for interim work with Trans Mountain Pipeline L.P. relating to certain segments of Spread 5B of the Trans Mountain expansion project.
February 10, 2021, 3:32 PM MST
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February 10, 2021, 8:18 AM MST
Crux OCM has been selected by Phillips 66 for a pipeline control centre operations pilot.
February 10, 2021, 8:45 AM MST
Calfrac Well Services Ltd.’s motion to dismiss a further appeal filed by Wilks Brothers, LLC was denied, the company said.
February 10, 2021, 12 AM MST
Hemisphere Energy Corporation’s capital spending for 2020 was minimal at $1.5 million, with the remainder of funds flow allocated to debt repayment.
February 10, 2021, 8:57 AM MST
Pipestone Energy Corp.’s Q4 2020 production averaged 17,734 boe/d (31 per cent condensate, 44 per cent total liquids), the highest quarterly production since inception.
February 10, 2021, 9:22 AM MST
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