HONG KONG and CALGARY, Alberta, Sept. 9, 2015 /CNW/ -- Sunshine Oilsands Ltd. (the "Corporation" or "Sunshine") (HKEX: 2012, TSX: SUO) wishes to announce that it has applied for a voluntary delisting of its shares from the Toronto Stock Exchange ("TSX") in Canada. Effective at the close of markets on September 30, 2015, the Corporation's shares will no longer be traded on the TSX but will continue to trade on the Stock Exchange of Hong Kong Limited ("HKEX") under the symbol "2012". Canadian [Read more]
News
Encana’s Four Strategic Assets Deliver 257,000 BOE/d in August 2015
CALGARY, AB--(Marketwired - September 09, 2015) - Encana Corporation (TSX: ECA) (NYSE: ECA) Encana's capital investment and operational activity in the first half of 2015 is delivering high-margin production growth from its four strategic assets. During July and August the company brought 72 new wells on production in the Permian, Eagle Ford, Duvernay and Montney. In August, these assets delivered total average production of 257,000 barrels of oil equivalent per day (BOE/d), up from an average [Read more]
Media coverage of oil sands builds false narrative
Beloved celebrity educator Bill Nye the Science Guy is the latest voice joining the chorus against continued development of the Alberta oil sands. Channeling his objections, a recent Vice News article decried the impact of industry activity on local aboriginal communities. The same article also unintentionally revealed that media coverage of this crucial economic sector is woefully lacking in critical details. In many ways, the aforementioned article is unremarkable. It repeats the trite [Read more]
Marquee Energy Ltd. Announces Retirement of Chief Financial Officer
CALGARY, AB--(Marketwired - September 08, 2015) - Marquee Energy Ltd. ("Marquee" or the "Company") (TSX VENTURE: MQL) announced today that, effective immediately, Mr. Roy Evans, Chief Financial Officer ("CFO"), has retired and is no longer with the Company.Marquee would like to thank Mr. Evans for his contributions to the Company and wishes him well in his future endeavours.Marquee currently has an Interim CFO in place as previously announced on July 15, 2015. In due course, the Company will [Read more]
Spartan Energy Corp. Announces Updated Corporate Presentation and Operational Update
CALGARY, ALBERTA--(Marketwired - Sept. 8, 2015) - Spartan Energy Corp. ("Spartan" or the "Company") (TSX:SPE) is pleased to announce that it has updated its corporate presentation, available on its website at www.spartanenergy.ca. Spartan is also pleased to advise that it will be presenting at the upcoming Peters & Co. Limited 2015 Energy Conference in Toronto on Wednesday, September 16, 2015. Operational Update Spartan has recently completed an extensive geological review of [Read more]
BOE Report, Canada’s #1 oil and gas news service launches into USA
Canada's number one source for oil and gas news and information is launching into the United States. Barely three years old, BOE has experienced rapid growth in the Canadian market and will be looking to implement the same business model South of the border. The BOE Report reaches roughly 40,000 Canadian oil and gas professionals on a monthly basis. For the United States version, the content will be US energy industry focused and will be, like BOE Canada, offered for free. On the website's [Read more]
Penn West Receives Continued Listing Standard Notification From The New York Stock Exchange Regarding The Price Of Its Common Stock
CALGARY, Sept. 8, 2015 /PRNewswire/ - PENN WEST PETROLEUM LTD. (TSX - PWT; NYSE - PWE) ("Penn West", "we", "us" or "our") announced today that it received notification on September 4, 2015 from the New York Stock Exchange (the "NYSE") that Penn West is no longer in compliance with one of the NYSE's continued listing standards applicable to Penn West because the average closing price of Penn West's common stock was less than US$1.00 per share over a consecutive 30 trading day [Read more]
The Default Next Move For Oil Is Downwards, And Here’s Why
As traders, investors and pundits, we all like to think that what we do is akin to a science. We believe that by working harder and being smarter we can give ourselves an edge, that enough research will reveal to us the next move, either a long term trend or an intraday blip on a chart, and that we can profit from that knowledge. Usually, especially over longer time spans, we are correct in that assumption. Sometimes, however, no amount of fundamental or technical analysis will help. Over the [Read more]
The BOE Report is pleased to offer free job postings for oil and gas companies
BOE Report is pleased to announce that, free of charge, oil and gas companies will be able to post job openings at jobs.boereport.com. With the energy industry reeling after a recent commodity price drop worse than the global financial crisis of 2008, BOE Report is happy help provide this resource. Low oil makes it increasingly difficult for companies to create shareholder value, and find the right employees to help deliver on organizational objectives. By posting on jobs.boereport.com, [Read more]
Second Well Brought on Production From South White Rose Extension Drill Centre
CALGARY, AB--(Marketwired - September 08, 2015) - Husky Energy (TSX: HSE) has commenced production from a second oil well at the South White Rose extension drill centre offshore Newfoundland and Labrador.The two wells are expected to ramp up to a combined net peak production of 15,000 barrels per day (bbls/day). South White Rose is Husky's second major subsea tieback following the North Amethyst subsea project in 2010."This satellite extension aligns with our long-term strategy to extend the [Read more]