As with previous financial reporting periods since the federal government implemented the program in response to the COVID-19 downturn, oilfield services companies sung the praises of Canada’s Emergency Wage Subsidy (CEWS) during recent calls with the investment community to discuss their fourth quarter 2020 results.
March 16, 2021, 6:34 AM MDT
This week’s guidance report looks at some of the recent announcements from producers on their abandonment activities through Alberta’s Site Rehabilitation Program (SRP) and Saskatchewan’s Accelerated Site Closure Program (ASCP).
March 16, 2021, 8 AM MDT
Solar power deal making in North American and European markets saw a major uptick in 2020 and early 2021 thanks to growing demand for stakes in future generation capacity.
March 16, 2021, 9:21 AM MDT
Drilling rig activity in Western Canada and the Top 10 active operators as of March 16, 2021, as reported this morning by Rig Locator.
March 16, 2021, 11:33 AM MDT
PrairieSky Royalty has over 16,700 km2 of 3D Seismic and 49,200 km of 2D Seismic spanning Western Canada from Northeast BC to Southwest Manitoba.
March 16, 2021, 6 AM MDT
Canada’s oil and gas industry faced a number of major disruptions in 2020.
March 16, 2021, 1:01 PM MDT
March 16, 2021, 11:11 AM MDT
Two seasoned veterans in natural gas liquids and petrochemicals promise to untangle the complexities of Western Canada’s petrochemical industry while illustrating potential investment opportunities.
March 16, 2021, 9:24 AM MDT
Leucrotta Exploration Inc. is selling land in the Montney, announced a financing, and outlined plans for Phase 1 of its Mica pad development.
March 16, 2021, 12 AM MDT
Enbridge Inc. has applied to the Canada Energy Regulator (CER) for a toll order allowing implementation of the negotiated Line 3 replacement surcharge.
March 16, 2021, 12 AM MDT
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High Arctic Energy Services Inc. demonstrated resilience and leadership in its mitigating the extremely difficult year that was 2020, says top brass, characterized by tremendous oil-price instability and record low customer demand. These actions bode well for the company as industry conditions improve.
March 16, 2021, 6:50 AM MDT
Amber-Dawn Boudreau has been appointed as vice-president, engagement of the Alberta Indigenous Opportunities Corporation (AIOC).
March 16, 2021, 7:07 AM MDT
Ellen Neary will retire from her role as emergency response planning manager at Behr Integrated Solutions Inc. at the end of March.
March 16, 2021, 11:38 AM MDT
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Gear Energy Ltd. is issuing a notice of redemption to holders of its currently outstanding $12.7 million, seven per cent convertible unsecured subordinated debentures due Nov. 30, 2023.
March 16, 2021, 2:44 PM MDT
Leucrotta Exploration Inc. entered an agreement that amends the terms of its previously announced bought deal financing.
March 16, 2021, 2:28 PM MDT
AltaGas Ltd. has completed its issue of $350 million of senior unsecured medium term notes with a coupon rate of 1.227 per cent, maturing on March 18, 2024 and $200 million of senior unsecured medium term notes with a coupon rate of 2.166 per cent, maturing on March 16, 2027.
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