Post Tagged with: "Alberta"

Bellatrix Exploration: Stability in the Spirit River

Bellatrix Exploration: Stability in the Spirit River

Bellatrix Exploration LTD (ticker: BXE) is a leader in liquids-rich gas production in Canada. Its core operations are in West Central Alberta, in the Spirit River formation.

Bellatrix’s Spirit River assets—which total approximately 92,160 acres—are divided between the Ferrier, Willesden …

With Strengthened Balance Sheet, Kinder Morgan Gives FID to Trans Mountain Expansion

With Strengthened Balance Sheet, Kinder Morgan Gives FID to Trans Mountain Expansion

KMI’s successful Canadian IPO provides cash to pay down debt, clearing path for Trans Mountain FID

“Upon the completion of the IPO, we will have secured satisfactory financing for the Trans Mountain Expansion Project,” Kinder Morgan CEO Steve Kean said …

Rebounding Energy Markets Expected to Drive Canadian Economic Growth

Rebounding Energy Markets Expected to Drive Canadian Economic Growth

Improving energy prices put Alberta, Saskatchewan and British Columbia at the high-end of expected growth

Improving oil prices are expected to help drive better economic growth in Canada in 2017, with the strongest forecasts being reported for traditionally energy-producing parts …

Alberta Royalty Rates will Remain Largely Unchanged Except for One Change…

Alberta Royalty Rates will Remain Largely Unchanged Except for One Change…

New incentives program designed to reward efficient drillers

Alberta’s provincial government has decided to leave royalty rates largely unchanged after the leadership ran on a platform that promised to change rates to ensure the province was receiving its fair share. …

Alberta’s Recession will End in 2017:  Conference Board

Alberta’s Recession will End in 2017:  Conference Board

From CBC News

Greater oil price stability, fresh hope for new pipelines, should spur recovery

Alberta is poised to emerge from one of the worst recessions in recent history and return to economic growth in 2017, says the Conference Board …

December 8, 2016 - 2:22 pm Canada, Closing Bell Story‎, Energy News
Source: Energybc.ca

How Alberta Mismanaged the Energy Boom Compared to Texas

Fraser Institute Study Compares How Texas and Alberta Managed Public Finances between 2004 and 2014

A new report from the Fraser Institute, titled “One Energy Boom, Two Approaches: Fiscal Restraint Has Left Texas in Better Shape than Alberta,” concludes …

November 17, 2016 - 6:56 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles
Manitok Energy Announces 2Q Results, Updates Operations

Manitok Energy Announces 2Q Results, Updates Operations

Manitok Energy Inc. (the “Corporation” or “Manitok“) (TSX VENTURE:MEI) announces its financial and operating results for the second quarter of 2016 and provides an operational update.

The full text of Manitok’s second quarter results are contained …

Exclusive Interview with Brian Schmidt, President and CEO, Tamarack Valley Energy

Exclusive Interview with Brian Schmidt, President and CEO, Tamarack Valley Energy

If you’re in a low commodity environment, owning your own infrastructure is a huge advantage: Schmidt

Tamarack Valley Energy’s President and CEO Brian Schmidt spoke to Oil & Gas 360®’s Angie Austin at the EnerCom conference in Denver last week. …

Exclusive Interview with Andy Mah, President and CEO, Advantage Oil & Gas

Exclusive Interview with Andy Mah, President and CEO, Advantage Oil & Gas

We have chased profitability and low cost structure: Mah

Advantage Oil & Gas’s President and CEO Andy Mah spoke to Oil & Gas 360®’s Angie Austin at the EnerCom conference in Denver last week. Mah talked about drilling results in …

Newalta Corporation – Day One Breakout Notes

Newalta Corporation – Day One Breakout Notes

Newalta Corporation presents at EnerCom’s The Oil & Gas Conference®

 During Newalta Corporation’s breakout session, management was asked the following questions:

  •  The business model you have – serving three from one facility – couldn’t your competitors do the same thing?
August 18, 2016 - 11:27 am Canada, Closing Bell Story‎, Oil and Gas 360 Articles, TOGC21
EnerCom Conference Presenter Focus: Enerplus Corporation

EnerCom Conference Presenter Focus: Enerplus Corporation

Enerplus Corporation will be presenting at EnerCom’s The Oil & Gas Conference® in Denver, on Monday, August 15, 2016.

Enerplus Corporation (ticker: ERF) is a developer of high quality crude oil and natural gas assets in Canada and the United …

EnerCom Conference Presenter Focus: Birchcliff Energy

EnerCom Conference Presenter Focus: Birchcliff Energy

Birchcliff Energy (ticker: BIR) will present at EnerCom’s The Oil & Gas Conference® on Tues. Aug. 16, 2016.

Birchcliff Energy (ticker: BIR) is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta, operating in the …

Source: Canadian Oil Sands Ltd.

Production Restarting at Canadian Oil Sands

Works are returning to the Canadian oil sands as wildfires move away from production sites

The Alberta government lifted mandatory evacuation orders for the last of the oil sands accommodation and production sites Monday, beginning the process of inspections by …

Alberta Production Coming Back Online

Alberta Production Coming Back Online

Oil & Gas 360® spoke with Tim McMillan, president and CEO of Canadian Association of Petroleum Producers about the ongoing wildfires in Alberta, Canada. McMillian said that a number of uncertainties remain with the fire, such whether or not the …

Canadian Oil and Gas Industry Remains Resilient: Natural Resource Minister

Canadian Oil and Gas Industry Remains Resilient: Natural Resource Minister

Alberta in much better fiscal position than BC, Ontario or Quebec

While the price of U.S. crude benchmark WTI hovers above $30 per barrel, the price of Canadian benchmark Western Canadian Select has been nearer the $20 mark in recent …

February 26, 2016 - 6:00 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles
Trans-Alaska oil pipeline

Canada and Alberta Recognize They Desperately Need More Oil Pipelines

With Only One Oil Customer, Canada is “Leaving Billions of Dollars on the Table”

Alberta Premier Rachel Notley has called for more pipelines to help transport Canada’s crude oil to international markets. The lack of infrastructure has left the Canadian …

Blackbird Energy Takes a Big Step Towards Acreage Delineation with Successful Montney Well

Blackbird Energy Takes a Big Step Towards Acreage Delineation with Successful Montney Well

An Exclusive Interview with Garth Braun, Chairman, President and CEO of Blackbird

Blackbird Energy (ticker: BBI, www.blackbirdenergyinc.com) is in the early stages of developing its 75 sections (48,000 acres) of the Montney fairway in Alberta, but results from its …

Alberta Drops 22 Places in Study of Attractive Places to Invest

Alberta Drops 22 Places in Study of Attractive Places to Invest

Alberta falls to 38th from 16th in just one year

Alberta is becoming a less attractive target for oil and gas investment, according to an annual study conducted by the Fraser Institute. The survey of petroleum executives, …

December 1, 2015 - 5:38 pm Canada, Closing Bell Story‎, Oil and Gas 360 Articles
ORLEN Upstream Acquires US$393 Million in Assets in Canada, Poland

ORLEN Upstream Acquires US$393 Million in Assets in Canada, Poland

Warsaw-based ORLEN announces two acquisitions

ORLEN Upstream, a Warsaw, Poland, based subsidiary of PKN ORLEN SA (ticker: PKN), which trades on the Warsaw Stock Exchange, announced two separate acquisitions today for assets in Canada and Poland. The deals included the …

Higher Alberta Royalties Not What O&G Industry Needs Now: BMO

Higher Alberta Royalties Not What O&G Industry Needs Now: BMO

Higher royalty payments would pressure Alberta oil & gas producers

A report from BMO Capital Markets warned that increasing royalty payments in the Canadian province of Alberta could dampen business as it has in the past, but that the current …

October 7, 2015 - 6:00 pm Canada, Oil and Gas 360 Articles
An Interview with Manitok Energy CEO Mass Geremia –  Part Two

An Interview with Manitok Energy CEO Mass Geremia –  Part Two

Manitok Energy Talks 2015-16 Drill Plans, Hedging, Liquidity and 18-Month Outlook

Manitok Energy (ticker: MEI) is a conventional operator focused on projects in Alberta, and the company has spent the last several years amassing a considerable land position with output …

Source: CNOOC

CNOOC to Resume 75% of Oil Sands Production

Alberta regulator calls for partial shutdown at CNOOC project

The Alberta Energy Regulator (AER) recently announced that it would partially lift a suspension order it issued August 28 against China National Offshore Oil Corp (CNOOC, ticker: CEO) subsidiary Nexen Energy …

Alberta Royalties will Remain Unchanged Until 2017

Alberta Royalties will Remain Unchanged Until 2017

Alberta’s royalty review panel has decided not to make changes until after the end of 2016

The Alberta provincial government released a statement last week announcing that it had formed a panel to conduct a review of the oil and …

Orphan Oil and Gas Wells in Alberta Quadrupled over the Past Year

Orphan Oil and Gas Wells in Alberta Quadrupled over the Past Year

Orphaned wells are growing, but strong companies are still seeing strong business in Alberta

The number of orphaned wells in Alberta has shot up over the last year as many companies struggle with lower commodity prices. Alberta’s Orphan Well Association …

July 15, 2015 - 4:44 pm Canada, Oil and Gas 360 Articles
New Leadership in Alberta Raising Taxes, Targeting Royalties in the Summer

New Leadership in Alberta Raising Taxes, Targeting Royalties in the Summer

Three bills to kick things off

The New Democratic Party’s (NDP) Rachel Notley is planning to put three bills before the legislature during its short spring session, set to last just two weeks. The first bill will change laws around …

June 16, 2015 - 3:45 pm Canada, Oil and Gas 360 Articles, Politics & Opinions
Alberta Election Results Roil Canada’s Energy Sector

Alberta Election Results Roil Canada’s Energy Sector

NDP’s historic win puts an end to four decades of PC majority in Alberta, uncertainty spooks energy stocks

The New Democrat Party (NDP) will take control in Alberta, raising concerns in the local energy sector about the future business environment.…

ATB Financial Sees Difficult Path Ahead for Alberta

ATB Financial Sees Difficult Path Ahead for Alberta

New projections for Alberta look dim, but are a normal part of the cycle

ATB Financial, the largest Alberta-based financial institution, released its quarterly projections for the province, with a somewhat pessimistic outlook. The Alberta Economic Outlook predicts a continued …

April 23, 2015 - 4:12 pm Canada, Oil and Gas 360 Articles, Oil Sands
DeeThree Exploration Ltd. Announces Significant EOR Supported Alberta Bakken Well Test

DeeThree Exploration Ltd. Announces Significant EOR Supported Alberta Bakken Well Test

CALGARY, ALBERTA–(Marketwired – April 1, 2015) – DEETHREE EXPLORATION LTD. (“DeeThree” or the “Company“) (TSX:DTX)(OTCQX:DTHRF) is pleased to announce results from its latest Alberta Bakken horizontal well 11-20-3-16 W4M. This is the first well designed specifically …

April 1, 2015 - 4:13 pm Canada, Exploration and Production (E&P)
Alberta Yields Two New Condensate and Liquids-Rich Gas Discoveries

Alberta Yields Two New Condensate and Liquids-Rich Gas Discoveries

Blackbird Energy of Alberta Canada announced two ‘significant’ discoveries at Elmworth

Blackbird Energy (ticker: BBI) based in Calgary, Alberta, announced this week that its first two operated horizontal Montney wells on Blackbird’s 69 section land block at Elmworth, Alberta, Canada, …

Canada Oil and Gas Provinces Rank Among Best in the World

Canada Oil and Gas Provinces Rank Among Best in the World

1280px-Canada_geological_map-WCSBFraser Institute’s annual Global Petroleum Survey of energy executives ranks Canada oil and gas provinces among the best in the world for investment. The survey ranks 156 jurisdictions worldwide on their attractiveness for investment based on the input of oil …