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 …
On June 8th, 2017, a bipartisan team of United States Senators Cornyn, Cruz, Hoeven, Moran, Heitkamp, Daines, Inhofe, and Murkowski sent a letter to the United States Trade Representative, Robert Lighthizer, urging him to consider …
Global oil and gas operator Vermilion Energy (tickers: VET) holds producing acreage worldwide. The company’s assets are spread across three main regions: North America, Europe, and Australia. Its oil and gas assets are located in 10 countries.
Vermilion’s focus on …
After enduring higher costs while burning wood and oil for heat during 10 years of research and discussions, Canada’s Nipissing First Nation (NFN) held a ground breaking …
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 …
Calgary-based Blackbird Energy (ticker: BBI) announced updates to both its operated and non-operated drilling programs Thursday. In the release, Blackbird said that the company plans to drill …
Calgary-based Tamarack Valley Energy (ticker: TVE) announced its first quarter results Monday reporting more production along with earnings of $2.3 million following its combination with Spur …
Calgary-based Delphi Energy (ticker: DEE) announced the acquisition of 22.5 sections of Monteny assets contiguous to its current land holdings as the company looks to continue expanding in the region.…
“Carbon-pricing in Canada doesn’t work the way ivory tower economists envision, and instead has become just another tax,” said Kenneth Green, Fraser Institute’s senior director of energy and natural resource studies and author of Poor Implementation Undermines Carbon Tax Efficiency …
Alberta-based Manitok Energy (ticker: MEI) announced that it has completed an acquisition from an Alberta-based oil and gas company to acquire a 100% working interest in approximately 1.1 …
Tamarack Valley (ticker: TVE) released its fourth quarter and year-end results for 2016 on March …
PrairieSky Royalty Ltd. (ticker: PSK) released its first quarter operating and financial results for 2017. The company is the largest fee simple mineral title land owner in western Canada, including approximately 7.8 million acres of fee simple mineral title lands …
Calgary-based Razor Energy Corp. (ticker: RZE) announced Wednesday that it entered into an agreement to acquire assets in Kaybob, located in west central Alberta, for $9.6 million. The assets compliment Razor’s existing Swan Hill assets …
Cenovus Energy (ticker: CVE) announced Thursday that the company closed a previously announced $3.0 billion common share financing deal. A total of 187.5 million common shares were sold at a price …
Blackbird Energy (ticker: BBI) released a reserves report Monday which announced the company’s proved reserves (1P) increased 913% to 30,526 MBOE (46% NGLs), according to the company’s press release. The net …
Royal Dutch Shell (ticker: RDSA) announced Thursday the signing of two agreements that will see all of the company’s in-situ and undeveloped oil sands interest in Canada old and reduce …
FOURTH QUARTER 2016 HIGHLIGHTS
For Calgary-based Tamarack Valley Energy (ticker: TVE), being patient during the downturn paid off in spades.
“We paid very close attention to the downturn itself. We …
The last two years have been a difficult period for the oil and gas industry. The drop in oil prices following OPEC’s November 2014 decision to defend market share over oil prices left the …
“Stacked pay” has become one of those phrases that you see in nearly every press release regarding a new acquisition in the Permian. As operators rush to the Delaware Basin and …
Calgary-based Blackbird Energy (ticker: BBI) announced Thursday that its 100% owned and operated Elmworth / Pipestone facility gathering system is currently being commissioned. The company expects that it will achieve …
From BNN
WOULD ANY ‘BIG BORDER TAX’ APPLY FOR CANADIAN OIL IMPORTED INTO THE USA?
Trump has threatened many companies, though largely those involved in the automotive industry, with a “big, big border tax” for production coming from outside the …
Alberta-based Tamarack Valley (ticker: TVE) announced its fourth quarter results as well as the company’s 2017 capital program. The company said that production exceed it previous guidance …
Calgary-based Encana Corp. (ticker: ECA) announced today that following a strong performance in the fourth quarter of 2016, the company now believes that production will reach or exceed the high …
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. …
Oil and gas drilling activity continues to increase in North America following the decision by OPEC to cut production.
The number of active rigs in both the U.S. and Canada …
Golden, Colorado-based Transworld Technologies Inc. (TTI) announced that the company will implement its bioenhanced oil recovery (BioEOR) technology in Canada for the first time. The project …
Calgary-based Strategic Oil & Gas (ticker: SOG) announced its capital budget for the first half of 2017 Friday. The company plans to spend $30 million in the first six …
Calgary-based TransCanada Corp. (ticker: TRP) announced Wednesday that the company’s wholly-owned subsidiary, NOVA Gas Transmissions Ltd. will proceed with its $655 million Saddle West natural gas …
