Enbridge Inc. is continuing with shipper discussions on a new commercial agreement for the Canadian Mainline that works for both customers and the company, and while it prefers to arrange an incentive tolling deal rather than filing a cost-of-service agreement, “that option is always there,” says the company’s chief executive.
November 7, 2022, 12 AM MST
The Daily Oil Bulletin is celebrating a significant milestone in our service to Canada’s oil and gas industry. Eighty-five years ago, on Nov. 6, 1937, Carl O. Nickle published the first edition of his weekly Oil Bulletin.
November 7, 2022, 8:10 AM MST
Pembina Pipeline Corporation plans on using any excess cash flow generated in the next year to reload its balance sheet in anticipation of funding a long list of potential growth opportunities worth up to $4 billion, company executives told analysts at its third quarter conference call.
November 7, 2022, 12 AM MST
The province sold 35,527.2 hectares of P&NG leases and licences in the Nov. 2 land sale bringing in $20.22 million. Additionally, 13,385.01 hectares of oilsands leases sold for $2.1 million. This brings the total cumulative bonus paid to-date in Alberta to $415.2 million.
November 7, 2022, 6 AM MST
It was the passing of the torch during Baytex Energy Corp.’s Q3 results conference call Friday, as now retired president and CEO Ed LaFehr delivered the quarterly rundown to analysts for the last time and his successor, Eric Greager, assumed the top role.
November 7, 2022, 12 AM MST
Precision Drilling launched the EverGreen™ Suite of Environmental Solutions to aid oil and gas companies in meeting their carbon reduction targets. The company's EverGreen Battery Energy Storage System (BESS) has gained strong customer adoption with six systems currently deployed and a steady growth of deployments planned for 2023.
November 7, 2022, 6 AM MST
New North Resources Ltd. and OILPLUSWATER Inc. (collectively the “Companies”) have engaged Sayer Energy Advisors to assist the Companies with the sale of their 100% operated oil and natural gas working interest property located in the Grand Forks area of southern Alberta (the “Property”).
November 7, 2022, 9:34 AM MST
General Energy Recovery Inc. (GERI) would like to acquire your unprofitable, horizontal, heavy oil wells. GERI wants to prove the commerciality of its portable thermal treatments and can reduce your company’s abandonment and reclamation liability in the process.
November 7, 2022, 6 AM MST
In December, Jonathan Matthews from Magpie Consulting Inc. will be presenting his paper at the International Oil Sands Tailing Conference. This paper is a culmination of decades of work and advocacy toward improving the efficiency and sustainability of the oil sands operation, namely in the challenges associated with the fluid fine tailings.
November 7, 2022, 12 AM MST
ARC Resources Ltd. recorded major gains in both net income and cash flow from operating activities in the three-month span ending Sept. 30, 2022 compared to the same days a year earlier.
November 7, 2022, 12 AM MST
Chronos Resources Ltd. and Samoth Oilfield Inc. have entered into a definitive agreement dated November 7, 2022 providing for a business combination transaction.
November 7, 2022, 10:27 AM MST
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November 7, 2022, 12 AM MST
Cenovus Energy Inc. announced the Toronto Stock Exchange (TSX) has approved the renewal of the company’s normal course issuer bid (NCIB) to purchase up to 136.72 million common shares during the 12-month period commencing Nov. 9, 2022 and ending Nov. 8, 2023.
November 7, 2022, 12 AM MST
Phoenix Asset Holdings Inc., parent of Phoenix Energy Services Inc., has completed the share purchase of Rodfather Compression Inc.
November 7, 2022, 6 AM MST
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November 7, 2022, 12 AM MST
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