Canada produced 20.0 million cubic meters (125.6 million barrels) of crude oil and equivalent products in September 2017, up 3.8% from the same month a year earlier.
Canada’s statistics arm said the increase was largely attributable to an 11.8% rise …
“China supports domestic enterprises to increase natural gas output and at the same time to diversify imports of the resource,” …
Malahat Nation and Steelhead LNG announced they are no longer exploring the proposed Malahat LNG project on the Malahat Nation-owned Bamberton Industrial Lands. The project as proposed would have included floating liquefaction facilities (with up to 6 mtpa capacity) moored …
IHS Markit has released a new study called, “A New Look: Extracting Value from the Canadian Oil Sands.” The report presents a post-oil price collapse update to a 2013 analysis on the economics of processing heavy oil in Alberta and …
The annual survey, published by the Fraser …
Suncor Energy Inc. (NYSE: SU), Fort McKay First Nation (FMFN), and Mikisew Cree First Nation (MCFN) announced today the completion of the acquisition by FMFN and MCFN of a 49% partnership in Suncor’s East Tank Farm Development for total proceeds …
Back in July 2017, Oil & Gas 360® reported that Manitok Energy Inc. (ticker: MEI) would undergo a strategic combination with Calgary’s Questfire Energy Corp. …
On November 9, 2017 TransCanada Corporation (ticker: TRP) announced the company’s financial results for the third quarter of 2017. In the company’s press release, TRP reported a net income attributable to common shares for third quarter 2017 of $612 million …
Eighty-year-old Chevron Canada Limited (Chevron ticker: CVX) is moving into development on a portion of its leaseholdings in …
In an operational update put out by the company Wednesday, Blackbird Energy (ticker: BBI) highlighted several announcements including …
Three major energy infrastructure projects have been cancelled in Canada in recent months. These were pipelines and related export facilities that would have taken Canada’s oil and natural gas into new markets and allowed Canadian producers additional revenue opportunities and …
A lack of market choice for Canadian natural gas led to increased volatility and depressed prices over the summer, creating …
At its recent 2017 The Oil & Gas Conference®, EnerCom’s Oil & Gas 360® conducted an exclusive video interview with Tamarack Valley Energy (ticker: TVE) President & CEO Brian Schmidt.
Tamarack Valley Energy’s …
TransCanada Corporation (ticker: TRP) will be reimbursed for all of the costs and charges it incurred to develop the Prince Rupert Gas Transmission (PRGT) project, following the announcement from Pacific NorthWest LNG that it was cancelling its approximately $11 billion …
Ontario’s largest electricity transmission and distribution provider, Hydro One Limited (TSX:H) and Northwest U.S. energy provider Avista Corporation (NYSE:AVA) announced a definitive merger agreement under which Hydro One will acquire …
The total number of rigs operating in the U.S. grew by 12 this week, according to the Baker Hughes weekly rig count.
There are currently 952 rigs currently operating in the U.S., 931 of which are land-based …
Manitok Energy Inc. (ticker: MEI) announced on July 7th, 2017 that it would undergo a strategic combination with Calgary’s Questfire Energy Corp to establish a new intermediate energy producer. In the combination, Manitok has agreed to acquire all …
Apache Corporation (APA) will finish exiting its Canada operations following the closing of a sale of three sets of assets. The sale was comprised of a slate of properties in Alberta and British Columbia to Paramount Resources (ticker: POU); the …
Calgary-based Blackbird Energy (ticker: BBI) announced the company’s results for the quarter ended April 30, 2017 – Q3 for …
Bigstone Montney-centered Delphi Energy Corp. (ticker: DEE) is hoping to grow its production to approximately 22,000 BOEPD by 2019. During the first quarter of 2017, Delphi produced 8,198 BOEPD, 40% of which was condensate or natural gas liquids.
Delphi also …
STEP Energy Services (ticker: STEP) completed its initial public offering on May 2nd, 2017, offering ten million common shares at ten dollars per share.
STEP began its business in the realm of coiled tubing applications in March, 2011. …
Headquartered in Calgary and with its main operations in Colombia, Gran Tierra Energy, Inc. (ticker: GTE) averaged 29,879 BOEPD in its first quarter of 2017.
During its first quarter of 2017, Gran Tierra recompleted its Costayaco-2 well into …
Tamarack Valley Energy’s (ticker: TVE) prominent producing areas are the Cardium, Viking, and Penny Barons oil plays—located in Alberta and Saskatchewan.
Tamarack Valley reported an average production of 17,796 BOEPD during Q1, 2017—nearly twice the average production for Q1, 2016, …
Blackbird Energy Inc. (ticker: BBI) is pure-play focused on the Pipestone liquids-rich corridor of the Montney shale. The company holds a total of 120 gross, 103.9 net sections—equivalent to 76,800 gross, 66,496 net acres—in the Montney shale play, all of …
Enerplus Resources Corporation (ticker: ERF) has three main operation centers in the Williston basin, the Marcellus shale, and Canadian waterflood operations.
Enerplus’ Williston basin is responsible for the lion’s share of the company’s production, with 25,100 BOEPD leaving the basin. …
Petrus Resources (ticker: PRQ), based in Calgary, Alberta, is active in three primary areas: the Ferrier area of Alberta—which draws from the Cardium formation, Central Alberta, and the foothills regions of the Rocky Mountains.
The company has focused on developing …
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 …
