CALGARY, Alberta, March 13, 2019 (GLOBE NEWSWIRE) -- Birchcliff Energy Ltd. (“Birchcliff”) (TSX: BIR) is pleased to announce that it has filed its audited annual financial statements and related management’s discussion and analysis (the “MD&A”) and its annual information form (the “AIF”) for the financial year ended December 31, 2018 (collectively, the “Annual Filings”) on the System for Electronic Document Analysis and Retrieval (“SEDAR”). The audited annual financial statements are [Read more]
Headlines
Indigenous consultations on TMX pipeline on schedule: Natural Resources minister
CALGARY - Natural Resources Minister Amarjeet Sohi says consultations with Indigenous groups about the stalled Trans Mountain pipeline expansion are progressing well and he still expects to wrap up the court-ordered process by May. On a conference call from Houston, where he's attending the CERAWeek energy conference, Sohi told reporters his department has now met with more than 100 of the 117 Indigenous communities expected to be impacted by the project. The Federal Appeal Court last [Read more]
Crude-by-rail volumes fall in February as Imperial Oil cuts Alberta shipments
CALGARY - Crude-by-rail shipments from Western Canada fell in February to the lowest level since May of last year, according to Genscape. The U.S. company, which monitors rail terminals handling about 80 per cent of typical volumes from Western Canada, reports average loadings last month were 144,000 barrels per day, about half of the 281,000 bpd it recorded in January. The falloff came after Calgary-based Imperial Oil Ltd. vowed in late January to cut rail shipments to near zero [Read more]
XI Technologies: Making a play in the Duvernay – How to find the right partners
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. This week, we’re examining how to find working interest partners in the liquids-rich Duvernay. If you'd like to receive our Wednesday Word to the Wise in your inbox, subscribe here. Duvernay and East Duvernay parcels have helped power Crown Land Sales many times over the past couple of years. The area has also been the [Read more]
Surge Energy Inc. Announces 2018 Fourth Quarter and Year-End Financial and Operating Results; 2018 Year-End Reserves; Record Production and Reserves Achieved
CALGARY, March 12, 2019 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce its operating and financial results for the quarter ended December 31, 2018, and its year-end 2018 reserves, as evaluated by Sproule. Surge's financial and operating results for the fourth quarter of 2018 include only a partial quarter of the previously announced Mount Bastion Oil & Gas Ltd. ("MBOG") light oil acquisition, which closed during the fourth quarter of 2018. [Read more]
Granite Oil Corp. Announces 2018 Year End Reserve Metrics and Operational Update
CALGARY, Alberta, March 12, 2019 (GLOBE NEWSWIRE) -- GRANITE OIL CORP. (“Granite” or the “Company”) (TSX:GXO)(OTCQX:GXOCF) is pleased to present the summary results of the independent reserves report (the “Sproule Report”) prepared by Sproule Associates Limited (“Sproule”) with an effective date of December 31, 2018. In 2018, Granite invested approximately $10.2 million of capital expenditures (unaudited), all organically, into its 100%-owned Bakken oil property. This represents a decrease of [Read more]
Cequence Energy Announces 2018 Financial and Operating Results and Provides Operational Update
CALGARY, Alberta, March 12, 2019 (GLOBE NEWSWIRE) -- Cequence Energy Ltd. ("Cequence" or the "Company") (TSX: CQE) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2018, as well as its year-end reserve evaluation as prepared by its qualified independent reserve evaluator. The Company’s Consolidated Financial Statements and Management’s Discussion and Analysis are available at www.cequence-energy.com and on SEDAR at www.sedar.com. 2018 [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. 12 Field Support Analyst ARC Resources Dawson Creek Mar. 12 OPERATIONS COORDINATOR - (FJF) Trican Well Service Ltd. Fort St. John Mar. 9 CONTAINMENT [Read more]
Bonterra Energy Corp. Announces Year End 2018 Results
CALGARY, March 12, 2019 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its operating and financial results for the year ended December 31, 2018. The related financial statements and notes, as well as management's discussion and analysis ("MD&A") for the year ended December 31, 2018 and annual information form ("AIF") as of December 31, 2018 are available on SEDAR at www.sedar.com and on Bonterra's website at [Read more]
Canadian crude exports by rail uneconomic amid output cuts -Suncor exec
Canada's mandated oil production cuts are preventing Suncor Energy Inc , one of Canada's biggest oil producers, from sending its heavy crude to the U.S. Gulf Coast by rail, a company offic The Canadian oil producer is "interested in rail economics going forward," but the rise in Canadian heavy crude prices since the December mandated production cuts have made rail shipments "difficult to justify," said Steve Reynish, a Suncor executive vice president, at the CERAWeek conference. Gulf Coast [Read more]