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 in its unaudited condensed interim financial statements as at and for the three and six months ended June 30, 2016 and the related management’s
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. Schmidt talked about strategic acquisitions, managing through cycles, and business strategy in a depleted commodity price environment. Tamarack Valley Energy
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 the Montney, the advantages of owning and operating a gas plant, and the plans for company growth beyond 2017. Calgary-based
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? The $200 million you spent in 2014 and 2015, was spent on what? What percentage of your total fleet is
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 States, focused on providing growth and income to its shareholders. The company’s core growth assets are located in the Bakken/North
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 Montney/Doig Natural Gas Resource Play and Worsley Charlie Lake Light Oil Resource Play in northern Alberta. The company has increased
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 forestry and health officials to make sure they are safe for workers to return. All of the oil sands facilities
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 weather will remain cooler, but that most producers in the area are now bringing production back online. Watch Oil &
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 weeks. The low prices have hit Canada’s producers hard, but Canadian Minister of Natural Resources Jim Carr remains positive about
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 province selling the majority of its crude oil to the U.S. at a discount, a problem that Notely said must
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 2-20-70-7W6 well indicate there may be plenty of running room ahead. In a company release issued on January 28, 2016, Blackbird
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, which ranks jurisdictions around the world based on how much government policy deters investment in oil and gas, listed Alberta as the 38th
