CALGARY, Alberta, April 18, 2018 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) is providing a clarification to its news release dated April 18, 2018 regarding the listing of shares on the New York Stock Exchange (NYSE). It is the intention of the Company to continue trading on the NYSE until the end of the compliance cure period, which is expected to be June 1, 2018. If at that time, the Company regains compliance through an increase in its share price, then the intent of [Read more]
Headlines
Pengrowth Provides Update to Exchange Listings to Align With Its New Focus
CALGARY, Alberta, April 18, 2018 (GLOBE NEWSWIRE) -- Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announces that after careful consideration and in contemplation of the previous delisting notices received by Pengrowth from the New York Stock Exchange (NYSE), the Board of Directors of Pengrowth has decided not to take any further steps towards the implementation of a compliance plan, which would have included effecting a reverse stock-split of the Company’s common stock, in order to [Read more]
The Big Melt is (finally) on! Want to know if your pipeline water crossings are going to be affected?
Did you know that there are over 314,000 pipeline water crossings in Western Canada? Do you know how many of them impact your pipelines? We can tell you. With the spring melt finally on (hopefully!) it’s time to bring pipeline water crossing management to the forefront of your overall integrity management program. Backed by Explore Integrity and GDM Pipelines, gX Insight offers the industry’s only complete crossing management solution. While other tools may help by identifying potentially [Read more]
Birchill Canada – Success in the Spirit River
CALGARY, April 17, 2018 /CNW/ - Birchill Canada is pleased to report that its 100% owned shallow-cut gas plant was placed on production this past weekend. The gas plant is located in the Brazeau/Chambers area at 4-13-43-13W5 with current capacity of 45 Mmcf/d; expandable to 100 Mmcf/d. The plant is tied in via meter station directly to the NGTL main line. Birchill expects to operate the plant at capacity with natural gas/liquids sourced from its recently completed 100% WI drilling [Read more]
Painted Pony announces discovery well test results on Beg block in northeast British Columbia
CALGARY, April 17, 2018 /CNW/ - Painted Pony Energy Ltd. ("Painted Pony" or the "Corporation") (TSX: PONY) is pleased to announce significant discovery test results for the first Montney horizontal well drilled on the Beg block (the "Well"). This production test provided early flow data and liquids yields, and increases Painted Pony's confidence in the potential of this block. Beg Well Test Results Painted Pony drilled an upper Montney horizontal test well to a vertical depth of 1,800 meters [Read more]
Delphi Announces Adoption of Advance Notice By-Law
CALGARY, Alberta, April 17, 2018 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) (TSX:DEE) today announced the adoption by its Board of Directors of By-law No. 3 of the Company (the “Advance Notice By-law”), a by-law establishing a framework for advance notice of nominations of directors by shareholders of the Company (“Shareholders”). The Advance Notice By-law is similar to the advance notice by-laws adopted by many other Canadian public companies. Specifically, it [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 Apr. 16 Service Rig Personnel High Arctic Energy Services Blackfalds Apr. 16 Snubbing Personnel High Arctic Energy Services Blackfalds Apr. 16 Nitrogen Pump [Read more]
B.C.’s attorney general calls Alberta fuel-ban bill a ‘bluff’
VICTORIA - British Columbia's attorney general is calling Alberta's proposed fuel restriction law a "bluff" that will result in an immediate lawsuit from his province and likely lawsuits from oil companies. David Eby says their experts have looked at the Alberta legislation tabled yesterday and conclude it's unconstitutional and against the law. He says he believes the legislation was intended to never be adopted, but if Premier Rachel Notley's government does pass the law, then B.C. will [Read more]
Saskatchewan premier says his province will also table oil ban bill
EDMONTON - Premier Scott Moe says Saskatchewan will join Alberta in a fight with B.C. over the Trans Mountain pipeline expansion by introducing its own legislation on oil exports. Moe says his government will bring in a bill in the coming days that could result in less oil moving to British Columbia. "We do ship some energy products to British Columbia but not a huge amount. The majority of the energy products that are shipped to British Columbia come from Alberta," said Moe in [Read more]
Alberta move to cut fuel shipments to B.C. has ‘downsides,’ refiners say
CALGARY - A spokesman for refiners in Western Canada says any move by the Alberta government to shut off the flow of refined fuel to British Columbia might increase prices for consumers there but it would also negatively affect Alberta's four refineries. Brian Ahearn, regional vice-president for the Canadian Fuels Association, says about 25 per cent of the gasoline, diesel, jet fuel and other products produced at the Edmonton-area refineries goes to B.C. He says the loss of that market [Read more]