Post Tagged with: "Oil Sands"

Crescent Point Energy Buys Out Partner for Approximately $204 Million

Crescent Point Energy Buys Out Partner for Approximately $204 Million

Crescent Point Energy (ticker: CPG) is expanding its presence in Alberta as the result of a stock for stock merger.

On July 2, 2015, the Calgary-based exploration and production company announced the purchase of Coral Hill Energy Ltd. for C$258 …

Source: Energybc.ca

CAPP Annual Forecast: Canadian Production to Grow by 43% by 2030

Oil sands remain the primary driver of Canadian production

The Canadian Association of Petroleum Producers (CAPP) released its annual Crude Oil Forecast, Markets and Transportation report for 2015, projecting Canadian crude oil production to grow 43% to 5.3 MMBOPD …

June 12, 2015 - 4:39 pm Canada, Oil and Gas 360 Articles, Oil Sands, Popular
“Perfect Storm” Sends Canada Oil Production to Lowest Level in Nearly Two Years: Barclays

“Perfect Storm” Sends Canada Oil Production to Lowest Level in Nearly Two Years: Barclays

WCS/WTI Spread Lowest since 2009

Canada’s oil production for May 2015 is believed to have dropped below the 4 MMBOPD mark for the first time in nearly two years, according to an estimate from Barclays.

Maintenance season contributes to an …

June 3, 2015 - 1:06 pm Canada, Oil and Gas 360 Articles, Oil Sands
Husky Energy’s Thermal Program on the Upswing

Husky Energy’s Thermal Program on the Upswing

Enhanced oil recovery (EOR) is being mentioned with more and more emphasis in the margin-tightened oil price environment, and Husky Energy (ticker: HSE) is employing methods to generate more from its oil sands projects in western Canada.

The Calgary-based company …

Gary Herbert, Governor of Utah: Energy Needs to Go Out and Compete…

Gary Herbert, Governor of Utah: Energy Needs to Go Out and Compete…

An OAG360® Exclusive: Interview with Gary Herbert, Governor of Utah

Listen to the interview.

Today, Utah has one of the lowest levels of unemployment in the United States, second only to North Dakota. The impressive levels of job growth the …

Select Sands Announces Quarry Permit

Select Sands Announces Quarry Permit

Select Sands Announces Issue of Mining Quarry Permit, Arkansas, USA

Select Sands Corp. (TSX VENTURE:SNS) (the “Company”) is pleased to announce receipt of an unconditional Authorization to Quarry in respect to its quarry site (referred to as the Sandtown property) …

May 6, 2015 - 4:03 pm Canada, Oil Sands
Oil Sands in Utah: Water Not Required

Oil Sands in Utah: Water Not Required

Taking a Closer Look at American Sands Energy’s Utah Oil Sands Project

Since the shale revolution ramped up, much of U.S. oil production has been light, sweet crude, which presents interesting challenges for operators sending their product to a refinery …

Southern Pacific Seeks Creditor Protection

Southern Pacific Seeks Creditor Protection

Southern Pacific becomes first E&P in oil sands to seek creditor protection

Southern Pacific Resource Corp. (ticker: STP), based out of Calgary, Alberta, Canada, announced yesterday that it has obtained creditor protection under the Companies’ Creditors Arrangement Act (CCAA).

CCAA …

January 22, 2015 - 1:47 pm Canada, Oil and Gas 360 Articles, Oil Sands
BP, Husky Oil Sands JV Starts Operations

BP, Husky Oil Sands JV Starts Operations

Partners BP and Husky expect oil from Sunrise Energy Project by Q1 of next year

On December 11, Husky Energy (ticker: HSE) announced that it has commenced steam operations at its Sunrise Energy Project, a joint venture (JV) with BP …

December 15, 2014 - 3:57 pm Canada, Oil and Gas 360 Articles, Oil Sands
Oil & Gas 360® Looks at Canada’s E&Ps – Part One

Oil & Gas 360® Looks at Canada’s E&Ps – Part One

Canada is home to a large number of public companies that are developing hydrocarbon resources on both sides of the border. In this series, Oil & Gas 360® takes a closer look at some of the promising operators in Canada’s …

EIA Reports Record High Crude Oil Exports

EIA Reports Record High Crude Oil Exports

Re-exporting Canadian Oil through U.S.

US Crude oil exports twip141022fig1-lgAccording to an Energy Information Administration (EIA) report released October 31, crude oil exports reached their highest levels in 57 years in July.  The EIA reported that the United States exported 401,000 BOPD in July, …

November 3, 2014 - 2:00 pm Canada, Midstream, Oil and Gas 360 Articles, Oil Sands
Jim Prentice, Alberta Premier

Canada’s Oil Sands Crude will Reach Gulf Coast Without Keystone XL: Jim Prentice

By Bloomberg Nov. 3, 2014

Oil-sands crude will supply Gulf Coast refineries regardless of how President Barack Obama rules on the Keystone XL pipeline, Alberta Premier Jim Prentice said.

Developers of Alberta’s oil sands can use trains to reach the …

When Will the Keystone Pipeline Become a Necessity?

When Will the Keystone Pipeline Become a Necessity?

In an industry report released July 8, 2013, Raymond James & Associates asked the question: ‘When will the Keystone XL Pipeline become a necessity?’

According to analysts, Marshall Adkins & Cory Garcia, additional pipeline capacity out of Western Canada will …

July 9, 2013 - 10:42 am Canada, Midstream, Oil and Gas 360 Articles, Regulatory