Canada Archives - Page 161 of 163 -

Bellatrix Exploration on Track to Maintain 100% Year-over-Year Growth

August 7, 2014

Bellatrix Exploration Ltd. (ticker: BXE) is a Calgary-based E&P operating in the Western Canada Sedimentary Basin. The majority of operations are focused on the Cardium tight oil play in Alberta – an area that has boosted production rates tenfold since 2008. Horizontal drilling and hydraulic fracturing has revitalized the region and current estimates place recoverable reserves of the Cardium at

PDC Energy Accelerates its Liquids-Focused Growth Strategy with Marcellus Divestiture

August 1, 2014

This week PDC Energy (ticker: PDCE) announced the sale of its Marcellus shale assets for approximately $250 million to its Marcellus partner Mountaineer Keystone Energy, LLC. With the divesture of its approximate 131,000 net Marcellus acres, PDC’s focus now moves sharply onto two liquid rich plays—97,000 net acres in the Wattenberg Field in Colorado and 67,000 net acres in the

Will Northern Gateway Beat Keystone XL to the Finish Line?

July 25, 2014

On June 17, the Canadian federal government approved the pipeline portion of Enbridge Incorporated’s (ticker: ENB) Northern Gateway Project, a $6.1 billion crude oil and condensate pipeline and marine terminal that was proposed in 2010. Canada’s petroleum producers are eager to find an alternative to the nearly six-year delayed approval of the Keystone XL project. At the Canadian American Business’ conference on June

Energy and Commerce Committee Chairman Upton’s “Architecture of Abundance”

July 21, 2014

During the EIA Energy Conference last week, July 14 to July 15, Michigan’s Representative Fred Upton (R) gave a speech about his ideal energy future. He called his plan the “Architecture of Abundance.” It is a plan with five pillars: Modernizing infrastructure Maintaining diverse electricity generation Permitting a manufacturing renaissance Harnessing energy efficiency and innovation, and Unleashing energy diplomacy. Upton

Keystone XL: 2,119 Days and Counting

July 9, 2014

20,000 U.S. Jobs, $7B Project Stuck in Limbo As of July 9, the Keystone Project has been studied for 2,119 days, according to the House Energy and Commerce Committee. No other pipeline has taken so long to gain approval. On July 8, 44 diverse organizations, from businesses to labor unions, sent a letter supporting the speedy approval of TransCanada’s Keystone

Bellatrix Exploration: An Introduction to a Company at the Forefront of Canada’s Oil Revival

June 6, 2014

Bellatrix Exploration Ltd. (ticker: BXE) is a Calgary-based E&P operating in the Western Canada Sedimentary Basin. Its main targets are the Cardium and Notikewin/Falher intervals located near Edmonton. The company was formed in 2009 through a plan of arrangement with True Energy Trust and now trades on both the Toronto Stock Exchange and the NYSE MKT. Bellatrix was producing roughly

British Columbia Seeking Investment in its LNG Opportunities but Costs, Russia Raise Concern

June 2, 2014

Liquefied natural gas (LNG) is being touted as the next major movement in the energy industry. Supermajors like Chevron (ticker: CVX), ExxonMobil (ticker: XOM) and Shell (ticker: RDS.B) are investing billions to build up LNG networks while scaling back on more conventional opportunities. The catalyst for such a movement lies overseas in the energy-starved markets of Asia and Europe. In

Federal Reserve Keeps Credit Ratings, Economy in Limbo as Oil & Gas Pushes Onward

April 15, 2014

March Madness may be recognized as the most exhilarating tournament in sports, but spectators simultaneously viewing the stock market with the Federal Reserve news conference on March 19, 2014, were treated to a roller coaster ride of their own. The market hung on every word spoken during Fed Chairwoman Janet Yellen’s debut until the organization insisted it will maintain the

Asia-Pacific Loads Up on LNG for Long-Term; Ukraine Crisis Clouds Global Short-Term Situation

March 24, 2014

The United States energy market has big decisions ahead of it: Do we export oil? How do we safely transport crude oil across our country? Should we build the Keystone pipeline? And perhaps more captivating is what the industry/country should do with the tremendous amounts of natural gas we’ve untapped. The natural gas landscape continues to make headlines by means

Magnum Hunter Resources Reports Revenue Increase of 64%, Projects 2014 Production to Climb 136%

March 21, 2014

Magnum Hunter Resources (ticker: MHR) is an oil and natural gas exploration and production company active in three shale resource plays in North America: the Marcellus Shale, Utica Shale and the Williston Basin/Bakken Shale. The company’s growth platform is supported with approximately 350,000 net acres spread across its core operating regions. Despite severe weather conditions in the northeast that negatively

Shell Reevaluates American Operations, Positions Itself for Potential LNG Boom

March 20, 2014

Royal Dutch Shell plc (ticker: RDS.B) is incorporated in England and Wales and serves as the parent company for Shell, a global group of energy and petrochemical companies. Shell has a global presence in both the upstream and downstream business with operations in more than 70 countries. The company sold 19.6 million tons of equity LNG during 2013 and is

Magnum Hunter CEO on Keystone Pipeline and Share Performance

February 20, 2014

Gary Evans, Chairman and CEO of Magnum Hunter Resources appeared on Bloomberg’s Taking Stock to discuss the benefits of the Keystone pipeline, U.S. production growth driven by plays like the Bakken and Marcellus/Utica, as well as the company’s recent share price appreciation. Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty

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