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Headlines

New oil and gas jobs from BOE Report Jobs

August 9, 20224:20 PM BOE Report Staff

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. 9 Accounts Payable Administrator Roska DBO Fort St. John Aug. 9 Labourer Strike Group Red Deer Aug. 9 B Pressure Rig Welder Journeyman Strike [Read more]

Spartan Delta Corp. announces record second quarter 2022 results, closing Of strategic acquisition and updated guidance for 2022

August 9, 20224:06 PM CNW

Spartan Delta Corp

CALGARY, AB, Aug. 9, 2022 /CNW/ - Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its unaudited financial and operating results for the three and six month periods ended June 30, 2022, details of a strategic acquisition, as well as an update to the Company's guidance for the remainder of 2022. Selected financial and operational information is set out below and should be read in conjunction with Spartan's unaudited interim financial statements and [Read more]

Bellatrix Exploration Spartan Delta

Freehold Royalties announces second quarter results and increases dividend

August 9, 20223:00 PM Globe Newswire

Freehold Royalties

CALGARY, Alberta, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) announces second quarter results for the period ended June 30, 2022. Operating and Financial Highlights Three Months Ended June 30 Three Months Ended March 31 FINANCIAL ($ millions, except as noted) 2022 2021 Change 2022 Change Funds from operations 83.8 40.2 109 % 71.9 17 % Funds from operations per share, basic ($) [Read more]

Freehold Royalties

Bonterra Energy Corp. announces second quarter 2022 results highlighted by 13% production growth and 168% increase in funds flow

August 9, 20223:00 PM CNW

Bonterra Energy

CALGARY, AB, Aug. 9, 2022 /CNW/ - Bonterra Energy Corp. (www.bonterraenergy.com) (TSX: BNE) ("Bonterra" or the "Company") is pleased to announce its operating and financial results for the three and six month periods ended June 30, 2022.  The related unaudited condensed financial statements and notes, as well as management's discussion and analysis ("MD&A"), are available on SEDAR at www.sedar.com and on Bonterra's website at www.bonterraenergy.com. HIGHLIGHTS Three months [Read more]

Bonterra Energy

U.S. natural gas output to hit record highs in 2022 – EIA

August 9, 202211:06 AM Reuters0 Comments

Natural gas drilling

U.S. natural gas production will rise to a record high in 2022, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry gas production will rise to 96.59 billion cubic feet per day (bcfd) in 2022 and 100.02 bcfd in 2023 from a record 93.55 bcfd in 2021. The agency also projected gas consumption would rise from 82.97 in 2021 to 85.16 bcfd in 2022 before sliding to 83.84 bcfd in 2023. That compares with a record 85.29 bcfd [Read more]

LNG

Reef announces sale of assets to Levant Exploration and Production Corp

August 9, 20229:53 AM TMX Newsfile

Reef Resources

Calgary, Alberta - Reef Resources Ltd. ("Reef") is pleased to announce that it has completed the sale of its non-producing oil and gas assets located in Huron County, Ontario (the "Assets") effective July 22, 2022, to Levant Exploration and Production Corp. ("Levant") pursuant to the Asset Purchase Agreement (the "Asset Purchase Agreement") between Reef and Levant previously announced by Reef in its press releases dated November 22, 2021 and March 1, 2022. Completion of the Asset Purchase [Read more]

Oil rises as Russian pipeline halt revives supply fears

August 9, 20227:35 AM Reuters

Steel long pipes in crude oil factory during sunset

Oil prices rose on Tuesday, reversing an earlier decline, after Russia said oil exports to Europe via the southern leg of the Druzhba pipeline had been suspended since early August, reviving concern about tight supply. Russian pipeline monopoly Transneft said Ukraine had suspended oil flows via the pipeline leg because Western sanctions had prevented a payment from Moscow for transit fees from going through. "Not that we need it at this point but it's another reminder of how tight the market [Read more]

In Conversation: Mike Rose, CEO, Tourmaline Oil

August 9, 20227:25 AM BOE Report Staff

Tourmaline

Tourmaline Oil is Canada’s largest natural gas producer, and a leader in employing technology and innovation to produce ever cleaner natural gas. Recently, Mike Rose, CEO of Tourmaline OIl sat down with Timothy Egan, CEO of the Canadian Gas Association, to discuss Tourmaline’s past, present, and future, Canada’s road to net zero, and how to navigate that path. Tim Egan: Mike, we want to talk about innovation and Tourmaline’s innovation story, so I thought why don’t we start with you giving us [Read more]

LNG Shell Tourmaline

Poll: Growing majority Of Canadians supports oil sector

August 9, 20227:15 AM CNW0 Comments

Southern Alberta Oil Well

CALGARY, AB - Public support for Canadian energy companies continues to grow across the country and various demographics. Both the export of Canadian energy, as well as the sector's innovative carbon technology are increasingly welcomed with significant growth in support since Leger asked Canadians the same questions in an October 2021 poll. This month's poll found that 60% of respondents favour increasing Canadian oil exports to challenge nations that produce energy less responsibly – a 7% [Read more]

Why ARO Reporting has become too big for spreadsheets

August 9, 20227:00 AM XI Technologies

“Why would I buy software to manage my ARO when I have a spreadsheet for that?” We hear things like this a lot. And at first glance, it’s easy to understand why. Spreadsheets are easy-to-use, highly customizable, and come at no additional cost to most companies. However, as end-of-life closure activities and obligations have grown in importance and complexity, managing an Asset Retirement Obligations (ARO) program through spreadsheets comes at a hidden cost. The initial benefits of [Read more]

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