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Headlines
Ahead of Alberta vote, Canada’s oil industry roots for the opposition
Canada's battered oil industry is rooting for the opposition in next month's election in energy heartland Alberta, investors said on Wednesday, but a brewing scandal involving the party's leader could derail its hopes of an easy victory. Alberta contains Canada's vast oil sands, home to the world's third largest crude reserves. With an economy nearly the size of Ireland, the province contributes almost 15 percent of Canada's gross domestic product. But billions of dollars of foreign [Read more]
Canada says B.C.’s proposed permitting regime for pipelines is unconstitutional
VANCOUVER - A lawyer for the federal government says British Columbia is overreaching with an unconstitutional effort to regulate oil and gas shipments through its lands and waters. The B.C. Court of Appeal is hearing a reference case that asks if the provincial government can create a permitting regime for companies that transport hazardous substances through the province. Lawyer Jan Brongers says the Canadian government agrees that environmental protection is of critical importance and [Read more]
Targeted methane emission cut rules estimated to save billions, says CERI study
CALGARY - A study from the Canadian Energy Research Institute suggests the oil and gas industry could save billions of dollars if governments implement optimized methane emission reduction regulations instead of requiring the same level of cuts at every emitting source. The federal government has proposed regulations for methane emission reductions from the upstream oil and gas sector that would start early next year with the target of cutting by 45 per cent below 2012 levels by 2025 — [Read more]
Notley kicks off election Day 2 with vow to add value to Alberta’s oil and gas
EDMONTON - Alberta NDP Leader Rachel Notley has kicked off her second day of campaigning with a promise to get more value out of the province's oil and gas products. She announced the plan at an Edmonton-based fabrication and engineering company. It aims to unlock $75 billion in investment, create 70,000 jobs and significantly increase the amount of petroleum processed in-province by 2030. Notley says that will be achieved — if the NDP are re-elected — by doubling [Read more]
InPlay Oil Corp. Announces its 2018 Financial, Operating and Reserves Results Highlighted by a 22% Increase in Light Oil and Liquids Growth over 2017
CALGARY, Alberta, March 20, 2019 (GLOBE NEWSWIRE) -- InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces its financial and operating results for the three and twelve months ended December 31, 2018, and the results of its independent oil and gas reserves evaluation effective December 31, 2018 (the “Sproule Report”) prepared by Sproule Associates Limited (“Sproule”). InPlay’s audited annual financial statements and notes, as well as management’s discussion and [Read more]
Pipestone Energy Corp. Announces Progress on Its Development Program and a Significant Increase in the Value of Its Reserves and Resources
CALGARY, Alberta, March 20, 2019 (GLOBE NEWSWIRE) -- (PIPE – TSX-V) Pipestone Energy Corp. (“Pipestone Energy” or the “Company”) is pleased to provide an operational update as well as updated reserves and resources information effective as of January 4, 2019, which was the closing date of the amalgamation (the “Amalgamation”) of Pipestone Oil Corp. (“Pipestone Oil”) and Blackbird Energy Inc. (“Blackbird”). A conference call has been scheduled for Wednesday, March 20th at 9:00 a.m. [Read more]
XI Technologies: March 2019 Expiring Land Report – Are there opportunities for you?
Each week, XI Technologies scans their unique combination of enhanced industry data to provide trends and insights that have value for professionals doing business in the WCSB. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. This week let's take a look at expiring lands. According to AssetBook data, these are the top 25 companies with expiring lands over the next six months. From this data, AssetBook allows you to easily identify and rank [Read more]
Cardinal Energy Ltd. Announces Fourth Quarter 2018 Year-End Financial Results
CALGARY, Alberta, March 19, 2019 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal" or the "Company") (TSX: CJ) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2018. 2018 FINANCIAL HIGHLIGHTS Production for 2018 averaged 20,858 boe/d, an 11% increase over 2017. Fourth quarter production averaged 20,365 boe/d, after the Company voluntarily curtailed sales volumes due to low pricing, which impacted production by approximately [Read more]
New Oil and Gas Jobs From BOE Report Jobs
Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Mar. 19 Chief Executive Officer Canadian Energy Regulator Calgary Mar. 19 Electronics Technician Calfrac Well Services Russia Mar. 19 Chemical [Read more]