New documents obtained by the Canadian Taxpayers Federation show the federal government requires Canadian oil to meet a higher environmental standard than oil that is imported into Canada. How absurd is that? By putting up a big roadblock in front of Canadian oil companies, the federal government has lost out on billions of tax dollars, killed thousands of jobs and hurt businesses across Canada that sell goods and services to Canada’s energy sector. Recall that Canadian pipeline company [Read more]
Archives for March 2018
Column: The energy sector needs to focus on the public
The energy sector has too often made a bad assumption; focusing on politicians and opponents as intermediaries to garner public support. A better choice would be active, broad, regular and direct engagement with the public. Who better than the public, as the counter party to energy, who receives its benefits and can directly agree with balancing the impacts, it’s the public that is the best choice to engage. In political contests political parties benefit by attracting marginal voters, those [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. 26 Warranty Supervisor Calfrac Well Services Calgary Mar. 26 Electronics Technician Calfrac Well Services Calgary Mar. 26 Field Operator Roska [Read more]
Georox to Acquire Certain Producing Oil and Gas Interests in Southwest Saskatchewan, Amends Non-Brokered Private Placement
Not For Distribution to U.S. News Wire Services or For Dissemination in the United States Kelowna, British Columbia (FSCwire) - Georox Resources Inc. ("Georox" or the "Corporation") (GXR:TSX-V; OF6A:FRA) is pleased to announce that it has entered into an asset purchase agreement to acquire certain high working interest producing oil (~94%) and natural gas (~6%) interests in Southwest Saskatchewan and Eastern Alberta, from arm's‑length vendors (the [Read more]
Firenze Energy Ltd. – Non-Core Property Divestiture
Sayer Energy Advisors has been engaged to assist Firenze Energy Ltd. (“Firenze” or the “Company”), a subsidiary of Toscana Energy Income Corporation (“Toscana”) with the sale of its light, sweet oil property in the Nevis area, its light & medium oil property in the Willesden Green area and its sweet natural gas property in the Tony Creek area of Alberta (the “Properties”). Firenze is selling the Properties as part of Toscana’s strategic alternatives process. Recent total oil and natural gas [Read more]
Canadian railways in a catch-22 over crude shipment
Canadian railway operators see a lucrative opportunity to transport more crude oil to the United States as a rise in output force producers to find new routes to its southern neighbour. However, their need for long-term contracts and the pressure to move a surplus of grains in the country is making it hard to cash-in on the prospect. Canada moves about 95 percent of its oil by pipelines, which are currently full. A 20 percent rise in crude production in the past five years has increased [Read more]
N.L. to release budget expected to include plan for carbon taxes, education
ST. JOHN'S, N.L. - Newfoundland and Labrador will bring down its latest budget today. Dwight Ball's Liberal government will unveil a financial plan that's expected to include details on how the province intends to address carbon taxes and federal government regulations to reduce greenhouse gases. The provincial government has so far said little about how carbon taxes will be implemented and who will have to pay, making it one of the last provinces to announce its carbon pricing [Read more]
Tanager Energy Announces Note Conversion
CALGARY, Alberta, March 27, 2018 (GLOBE NEWSWIRE) -- Tanager Energy Inc. (“Tanager” or the “Corporation”) (TSX-V:TAN) (OTCQB:TANEF) is pleased to announce that the outstanding secured convertible promissory notes in the aggregate principal amount of US$6,000,000 due on June 27, 2019, have been converted by the holders at a conversion price of CDN$0.07 per share, into an aggregate of 110,451,428 Common Shares of Tanager. Roger S. Braugh, Jr., a director of Tanager, acquired 55,225,714 Common [Read more]
Toscana Energy Announces Internalization of Management Agreement
CALGARY, Alberta, March 26, 2018 (GLOBE NEWSWIRE) -- Toscana Energy Income Corporation ("Toscana" or the "Corporation") (TSX:TEI) announces that it has entered into an agreement with Toscana Energy Corporation (“TEC”), a member of the Sprott Group of Companies, to terminate the management agreement (the “Management Agreement”) pursuant to which Toscana engaged TEC to carry out manager services for and on behalf of Toscana (the "Internalization" or the "Transaction"). The Internalization is to [Read more]
Blackbird Energy Inc. Announces Record Second Quarter 2018 Financial and Operating Results
CALGARY, Alberta, March 26, 2018 (GLOBE NEWSWIRE) -- Blackbird Energy Inc. (TSX-V:BBI) (“Blackbird” or the “Company”) is pleased to announce record financial and operational results for the quarter ended January 31, 2018. Blackbird’s unaudited condensed consolidated interim financial statements and related management’s discussion and analysis for the quarter ended January 31, 2018 are available on SEDAR at www.sedar.com and are also posted on Blackbird’s website at www.blackbirdenergyinc.com. [Read more]
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