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June 12, 2018

Blackbird Energy Resource Evaluation Increases by 149%

June 12, 2018

Blackbird Energy (TSX-V: BBI) has announced the results of an independent resource evaluation of its Pipestone/Elmworth Montney lands by McDaniel & Associates Consultants Ltd. McDaniel & Associates conducted the resource evaluation for this same area of lands for Blackbird Energy one year ago. The 2018 reports show a 149% increase of Best Estimate Development Pending Contingent Resources to 112.2 MMBOE

Precision Announces $75 Million in Senior Note Redemptions

June 12, 2018

From Globe NewsWire Precision Drilling Corporation (“Precision”) (TSX:PD) (NYSE:PDS) announced today that it expects to complete on June 15, 2018 a partial redemption of US$50 million principal amount of its 6.50% senior notes due 2021.  In addition, Precision has made open market repurchases totaling US$8 million principal amount of its 2021 and 2024 notes. Both the partial redemption and open

OPEC Production Jumps as Cartel Mulls Easing Cuts

June 12, 2018

Saudi output is up 85.5 MBOPD OPEC released this month’s Monthly Oil Market Report, outlining the cartel’s assessment of the state of the international oil industry. The cartel’s production increased in May, with many countries reporting large changes in output. In total OPEC produced 3,1869 MBOPD in May up 35.4 MBOPD from April levels. Like last month, Saudi Arabia showed

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