Tuesday, July 14, 2026

Calfrac Announces 2019 Capital Program

Calgary-based Calfrac Well Services Ltd. (stock ticker: CFW) provided details today on its 2019 capital program: Approximately $149 million will be spent, including $126 million of maintenance capital $11 million of refurbishment capital and $12 million related to corporate initiatives Approximately $10 million that is remaining from Calfrac’s 2018 capital program is expected to be spent in 2019 Fernando Aguilar, Calfrac’s president and CEO, said that more than 80% of the

Alaska Treasury Benefits from Premium Price on Brent

From Alaska Journal of Commerce Just about the most expensive crude in North America comes from Alaska’s North Slope. Not that it’s anything all that special, unlike Copper River salmon which fetches a premium price for its high oil content, flavor and color. The geography and markets are just working in our oil-price favor. The past few months, Alaska oil

Province Hands Out Notices to Companies Forced to Cut Oil Production

From Edmonton Journal The province is in the process of notifying the 25 companies that will have to make production cuts to reduce the oil differential, says Alberta’s energy minister. “Right now we’re working with each individual company,” said Energy Minister Marg McCuaig-Boyd on Wednesday. “There wasn’t agreement before but I think companies realize these are extraordinary times.” Premier Rachel