CALGARY, Aug. 6, 2019 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") announces its financial and operating results for the three and six month periods ending June 30, 2019. The complete set of financial statements and management discussion and analysis for the periods ended June 30, 2019 and 2018 are posted on www.sedar.com and on the Company's website www.journeyenergy.ca. SECOND QUARTER 2019 HIGHLIGHTS Highlights for the second quarter and to date are as [Read more]
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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 Aug. 6 General Administrator Roska DBO Grande Prairie Aug. 6 Customer Service Representative Roska DBO Grande Prairie Aug. 6 Executive [Read more]
Keyera Corp. Announces 2019 Second Quarter Results
CALGARY, Aug. 6, 2019 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced its 2019 second quarter financial results today, the highlights of which are included in this news release. The entire news release can be viewed by visiting Keyera's website at www.keyera.com, or, to view the MD&A and financial statements, visit either Keyera's website or Keyera's filings on SEDAR at www.sedar.com. HIGHLIGHTS Keyera delivered outstanding financial results in the second quarter of [Read more]
Keyera Appoints Blair Goertzen to its Board of Directors
CALGARY, Aug. 6, 2019 /CNW/ - Keyera Corp. (TSX: KEY) ("Keyera") is pleased to announce the appointment of Mr. Blair Goertzen to its Board of Directors effective immediately. Mr. Goertzen has over 30 years of industry experience, both domestically and worldwide. Most recently, Mr. Goertzen served as President & Chief Executive Officer of Enerflex Ltd. He has also held senior leadership roles with IPEC Ltd., Precision Drilling and Enserv Corporation. Mr. Goertzen has previously served [Read more]
Keyera Announces Dividend Increase and August 2019 Dividend
CALGARY, Aug. 6, 2019 /CNW/ - Keyera Corp. ("Keyera") announced today that it is increasing its monthly cash dividend by 7% from 15.00 cents per common share to 16.00 cents per common share, or $1.92 per common share annually. The dividend will be effective with the August dividend payable on September 16, 2019, to shareholders of record on August 22, 2019. The ex-dividend date is August 21, 2019. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For [Read more]
Heavy discount stays tight despite easing oil curtailments
The differential on Canadian heavy crude remained at tight levels compared to the North American benchmark on Tuesday, despite easing production limits in Alberta. * Western Canada Select (WCS) heavy blend crude for September delivery in Hardisty, Alberta, traded at $13 per barrel below West Texas Intermediate (WTI) oil, according to Net Energy Exchange, unchanged from Friday's settlement. * Canadian crude markets were closed on Monday for a Canadian holiday. * The continued tight [Read more]
U.S. natgas output, demand seen rising to record highs in 2019
U.S. dry natural gas production will rise to an all-time high of 91.03 billion cubic feet per day (bcfd) in 2019, breaking last year's record of 83.39 bcfd, the Energy Information Administration said in its Short Term Energy Outlook (STEO) on Tuesday. The latest output projection for 2019 was down from EIA's 91.35 bcfd forecast in July. EIA also projected U.S. gas consumption would rise to 84.65 bcfd in 2019, beating the record-high of 82.07 bcfd a year ago. The 2019 demand projection [Read more]
U.S. crude output in 2019 slightly below previous forecast – EIA
U.S. oil output is expected to rise 1.28 million barrels per day to 12.27 million bpd this year, the U.S. Energy Information Administration said in a monthly report, slightly lowering its annual growth forecast from 1.40 bpd last month. The agency increased its forecast for production growth in 2020 to 990,000 bpd from 900,000 bpd previously. [Read more]
Enbridge to keep gas pipe shut for at least a week after Kentucky blast
Enbridge Inc said it plans to keep the section of its Texas Eastern pipe in Kentucky shut through at least Aug. 12 after it exploded on Thursday, killing one person. Enbridge said in a notice to customers Monday afternoon that it is working with federal and state officials investigating the incident. The company has not estimated when the damaged section of pipe will return to service. The blast near Danville, Kentucky was the second so far this year on the Texas Eastern system following [Read more]
Canada rig count up 10, still lags last year’s activity
Canada's fleet of active drilling rigs increased by 10 from last week according to data from Baker Hughes. Total drilling count was 137 at August 2. 91 rigs were drilling for oil; 46 for natural gas. Counts are still well below the activity levels from one year ago, when 223 rigs were working. Both oil and gas drilling are down considerably from last years counts by 61 and 25 respectively. Historically, drilling activity levels are steadily active from summer until the end of the year. [Read more]