EDMONTON - Alberta's politicians returned to the legislature Monday and picked up right where they left off in the spring by bashing each other over pipelines. Opposition United Conservative Leader Jason Kenney accused Premier Rachel Notley's government of failing Alberta on the Trans Mountain pipeline expansion, the carbon tax and Bill C-69, which is before the Senate and would change how energy projects are assessed and approved. "Instead of following, why doesn't this government lead in [Read more]
Archives for October 2018
Jones Energy, Inc. Schedules 2018 Third Quarter Earnings Release and Conference Call
AUSTIN, Texas, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Jones Energy, Inc. (NYSE: JONE) (“Jones Energy” or “the Company”) announced today that it plans to release its 2018 third quarter financial and operational results on Wednesday, October 31, 2018 after the market closes. In connection with the earnings release, Jones Energy will host a conference call to discuss the quarter and provide a company update on Thursday, November 1, 2018 at 10:30 a.m. ET (9:30 a.m. CT). The conference call can be [Read more]
Study suggests bedrock stress a factor in fracking-caused earthquakes
New research is digging in to why fracking causes earthquakes in some areas but not in others. A paper published Monday in Geophysical Research Letters suggests the likelihood of an artificial earthquake is heavily influenced by how stable the ground was before the energy industry showed up. "Some places appear to be particularly responsive to (artificially-)occurring earthquakes while other places aren't," said Honn Kao, a seismologist with the Geological Survey of Canada and [Read more]
PrairieSky Announces Third Quarter 2018 Results
CALGARY, Alberta, Oct. 29, 2018 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. ("PrairieSky" or the "Company") (TSX: PSK) is pleased to announce its third quarter operating and financial results for the period ended September 30, 2018. PRESIDENT’S MESSAGE Third Quarter 2018 Highlights: Total revenues of $78.1 million comprised of royalty production revenues of $71.4 million and other revenues of $6.7 million. Funds from Operations of $67.0 million ($0.29 per share basic and $0.28 per [Read more]
Pengrowth to Release 2018 Third Quarter Results on November 8, 2018
CALGARY, Alberta, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (“Pengrowth”) (TSX:PGF, OTCQX:PGHEF), today announced that before market on Thursday, November 8, 2018, it will release its results for the three and nine-month periods ended September 30, 2018. Pengrowth will then host a conference call and webcast at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) on the same day to discuss the quarter. Please note that the format of the webcast will now incorporate a visual [Read more]
Canadian crude-by-rail exports rise to new record of 229,544 bpd in August
CALGARY - The National Energy Board says crude-by-rail exports from Canada rose to a record 229,544 barrels per day in August. That's up more than 11 per cent from 206,624 bpd in July and 91 per cent from just under 120,000 bpd in August 2017. Pipeline export constraints are being blamed for a glut of oil in Western Canada that have caused the price discount to peak at more than US$50 per barrel for Western Canadian Select oilsands blend versus New York benchmark West Texas [Read more]
Pieridae Eligible to Benefit From Additional Conditional Loan Support From the German Government
CALGARY, Alberta, Oct. 29, 2018 (GLOBE NEWSWIRE) -- Pieridae Energy Limited (“Pieridae”) (PEA - TSXV) is pleased to announce that its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in principle for up to US $1.5 billion of untied loan guarantee by the German federal government under its UFK program (Bundesgarantien für ungebundene Finanzkredite). This confirmation not only satisfies a critical condition leading to the [Read more]
Energy Transfer Announces Quarterly Cash Distribution
Earnings Release and Earnings Call Dates Also Announced DALLAS--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET), formerly Energy Transfer Equity, L.P. (ETE), today announced a quarterly cash distribution of $0.305 per ET common unit ($1.22 on an annualized basis) for the third quarter ended September 30, 2018. This cash distribution is the same as the distribution for the second quarter of 2018 and will be paid on November 19, 2018 to unitholders of [Read more]
Gray Dusenbery Oil and Gas LP – Strategic Alternatives Process
Gray Dusenbery Oil and Gas LP (“GDOG” or the “Company”) has engaged Sayer Energy Advisors to assist with a strategic review of its business and assets. GDOG’s main producing properties are located in the Strachan-Ferrier, Ricinus, Rosevear and Cooking Lake areas of Alberta (the “Properties”). Alternatives may include but are not limited to the sale or farm-out of the Properties or a sale of the shares of the Company. The Company is a private, limited partnership founded in 2009 which presents [Read more]
Making Canada Great Again: Ignore smear campaigns, higher per capita emissions are the noble price we pay as the world’s natural resource pantry
Please send this message on to everyone in the world: Not one more word of apology. No more flustered grovelling because our per capita emissions are higher than average; they are that way for a reason. No more bowing to demands that Canada enforce outsized emissions cuts, when the reason for the emissions in the first place is that we hand other countries their building materials - we do the dirty work for them. As we wobble on our axis as an exporting nation, cross-threaded on everything [Read more]
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